| REGISTERED NUMBER: |
| BROADWAY FINANCIAL PLANNING LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| REGISTERED NUMBER: |
| BROADWAY FINANCIAL PLANNING LTD |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| BROADWAY FINANCIAL PLANNING LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Ross House |
| The Square |
| Stow On The Wold |
| Gloucestershire |
| GL54 1AF |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Other reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Broadway Financial Planning LTD is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover comprises all commissions and fee income earned during the period. |
| In the case of commissions received directly from insurance companies, credit is taken upon notification. |
| The company does not earn commission on an indemnity basis and therefore no provision is made for the claw back of commissions earned. |
| Fee income comprises amounts earned from individual clients during the year and is accounted for an an accruals basis. |
| All turnover arose within the United Kingdom. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| fittings |
| £ |
| COST |
| At 1 January 2024 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 January 2024 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 December 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2023 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 59,161 | - |
| Amounts recoverable on contract |
| Prepayments and accrued income |
| BROADWAY FINANCIAL PLANNING LTD (REGISTERED NUMBER: 02971715) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2023 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Accruals and deferred income |
| 7. | ULTIMATE PARENT COMPANY AND PARENT COMPANY OF LARGER GROUP |
| The Company is a subsidiary undertaking of Wren Sterling Financial Planning Limited. |
| The immediate controlling party is Ensco 1084 Limited, and the ultimate controlling party is Lightyear Capital LLC. |