Broadwing Leasehold Selcroft Rd Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13784129

Broadwing Leasehold Selcroft Rd Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

Broadwing Leasehold Selcroft Rd Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Broadwing Leasehold Selcroft Rd Limited

Officers and Professional Advisers

DIRECTOR	Mr I Ezekiel

REGISTERED OFFICE	Suite 43
	Michael Way
	Raunds
	NN9 6GR

ACCOUNTANTS	Streets
	Chartered accountants
	ECEN
	Michael Way
	Warth Park
	Northamptonshire
	NN9 6GR

Broadwing Leasehold Selcroft Rd Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	4	2,840,000	2,840,000

Current assets

Debtors	5	42,476	2,100
Cash at bank and in hand		35,674	17,070
		--------	--------
		78,150	19,170

Creditors: amounts falling due within one year	6	1,366,020	1,966,444
		------------	------------
Net current liabilities		1,287,870	1,947,274
		------------	------------
Total assets less current liabilities		1,552,130	892,726

Creditors: amounts falling due after more than one year	7	1,501,926	837,576
		------------	---------
Net assets		50,204	55,150
		------------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	50,203	55,149
	--------	--------
Shareholders funds	50,204	55,150
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Broadwing Leasehold Selcroft Rd Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 17 August 2025 , and are signed on behalf of the board by:

Mr I Ezekiel
Director

Company registration number: 13784129

Broadwing Leasehold Selcroft Rd Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 43, Michael Way, Raunds, NN9 6GR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Long leasehold property
	£
Cost
At 1 January 2024 and 31 December 2024	2,840,000
	------------
Depreciation
At 1 January 2024 and 31 December 2024	–
	------------
Carrying amount
At 31 December 2024	2,840,000
	------------
At 31 December 2023	2,840,000
	------------

5. Debtors

	2024	2023
	£	£
Other debtors	42,476	2,100
	--------	-------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	8,000	–
Other creditors	1,358,020	1,966,444
	------------	------------
	1,366,020	1,966,444
	------------	------------

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	1,501,926	837,576
	------------	---------

The loans are secured against property held by the company.

8. Related party transactions

At the reporting date the company had the following balances with other group companies:

	2024	2023
	£	£
Amount due from Broadwing Leasehold Warple Way Limited	27,763	1,500
Amount due from Broadwing Management Selcroft Rd Limited	13,713	600
Amount due from Broadwing Management Warple Way Limited	1,000	–
Amount owed to Broadwing 63 Selcroft Road Limited	(1,351,587)	(1,961,444)
Amount owed to Broadwing Warple Way Limited	(5,000)	(5,000)

All balances are repayable on demand, no interest have been paid and no amounts have been written off.