Broadwing Leasehold Warple Way Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14804018

Broadwing Leasehold Warple Way Limited

Filleted Unaudited Financial Statements

For the period ended

31 December 2024

Broadwing Leasehold Warple Way Limited

Financial Statements

Period from 1 May 2024 to 31 December 2024

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Broadwing Leasehold Warple Way Limited

Officers and Professional Advisers

DIRECTOR	Mr I Ezekiel

REGISTERED OFFICE	C/o Streets Chartered Accountants, ECEN Suite 43
	Enterprise Centre, Warth Park
	Michael Way
	Raunds
	Northants
	NN9 6GR

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

Broadwing Leasehold Warple Way Limited

Statement of Financial Position

31 December 2024

	31 Dec 24	30 Apr 24
Note	£	£

Fixed assets

Tangible assets	4	1,175,001	1,175,001

Current assets

Debtors	5	–	240
Cash at bank and in hand		1,448	8,395
		-------	-------
		1,448	8,635

Creditors: amounts falling due within one year	6	480,056	471,468
		---------	---------
Net current liabilities		478,608	462,833
		------------	------------
Total assets less current liabilities		696,393	712,168

Creditors: amounts falling due after more than one year	7	723,253	723,085
		---------	---------
Net liabilities		( 26,860)	( 10,917)
		---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 26,861)	( 10,918)
	--------	--------
Shareholders deficit	( 26,860)	( 10,917)
	--------	--------

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 comprehensive income has not been delivered.

For the period 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 period in question in accordance with section 476 ;

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

Broadwing Leasehold Warple Way 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 September 2025 , and are signed on behalf of the board by:

Mr I Ezekiel
Director

Company registration number: 14804018

Broadwing Leasehold Warple Way Limited

Notes to the Financial Statements

Period from 1 May 2024 to 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 C/o Streets Chartered Accountants, ECEN Suite 43, Enterprise Centre, Warth Park, Michael Way, Raunds, Northants, 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.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

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.

4. Tangible assets

	Long leasehold property
	£
Cost
At 1 May 2024 and 31 December 2024	1,175,001
	------------
Depreciation
At 1 May 2024 and 31 December 2024	–
	------------
Carrying amount
At 31 December 2024	1,175,001
	------------
At 30 April 2024	1,175,001
	------------

Included within the above is investment property as follows:

	£
	------------
At 1 May 2024 and 31 December 2024	1,175,001
	------------

The properties have been valued at fair value by the directors at the reporting date.

5. Debtors

	31 Dec 24	30 Apr 24
	£	£
Other debtors	–	240
	----	----

6. Creditors: amounts falling due within one year

	31 Dec 24	30 Apr 24
	£	£
Other creditors	480,056	471,468
	---------	---------

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

	31 Dec 24	30 Apr 24
	£	£
Bank loans and overdrafts	723,253	723,085
	---------	---------

The bank loans are secured against the properties held in fixed assets as Investment Properties.

8. Related party transactions

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

	31/12/2024	30/04/2024
	£	£
Amount owed to Broadwing Warple Way Limited	(451,940)	(465,940)
Amount owed to Broadwing Leasehold Selcroft Rd Limited	(27,763)	(5,500)
Amount due from Broadwing Management Warple Way Limited	(853)	240

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