REGISTERED NUMBER: SC044342 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Broomwell Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ian G C MacDonald

Margaret A Fyvie

SECRETARY:

Ian G C MacDonald

REGISTERED OFFICE:

Affleck

Monikie

Angus

DD5 3QD

REGISTERED NUMBER:

SC044342 (Scotland)

ACCOUNTANTS:

Helen Lowe Ltd

17/21 East Mayfield

Edinburgh

Lothian

EH9 1SE

FIXED ASSETS

Investment property

4

288,108

288,108

CURRENT ASSETS

Cash at bank

115,318

85,039

CREDITORS

Amounts falling due within one year

5

199,639

197,665

NET CURRENT LIABILITIES

(84,321

)

(112,626

)

TOTAL ASSETS LESS CURRENT LIABILITIES

203,787

175,482

CAPITAL AND RESERVES

Called up share capital

24,600

24,600

Retained earnings

179,187

150,882

SHAREHOLDERS' FUNDS

203,787

175,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Ian G C MacDonald - Director

Margaret A Fyvie - Director

1.	STATUTORY INFORMATION

Broomwell Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, and property rents received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

288,108

NET BOOK VALUE

At 31 December 2024

288,108

At 31 December 2023

288,108

In the opinion of the Directors the fair value of the property has not change since the previous valuation carried out in 2008.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

10,510

8,500

Taxation and social security

13,134

7,984

Other creditors

175,995

181,181

199,639

197,665

6.	RELATED PARTY DISCLOSURES

Other creditors includes a loan from the directors of £175,995 (2023 £181,181). The loan is unsecured and

is repayable on demand.