BROOMHILL ASSOCIATES LIMITED iXBRL

Company Registration Number: NI043882

BROOMHILL ASSOCIATES LIMITED

Directors' Report and Unaudited Financial Statements

for the financial year ended 5 April 2025

BROOMHILL ASSOCIATES LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Mrs. Deirdre McBride
	Mr Barry McBride


Company Registration Number	NI043882


Registered Office and Business Address	8 Knocktarna Grange
	Coleraine
	BT52 1HN


Accountants	Muldoon
	16 Mount Charles
	Belfast
	BT7 1NZ
	Northern Ireland

BROOMHILL ASSOCIATES LIMITED

DIRECTORS' REPORT

for the financial year ended 5 April 2025

The directors present their report and the unaudited financial statements for the financial year ended 5 April 2025.

Principal Activity

The principal activity of the company is management consultancy.

Directors

The directors who served during the financial year are as follows:

Mrs. Deirdre McBride

Mr Barry McBride

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mrs. Deirdre McBride

Director

30 September 2025

BROOMHILL ASSOCIATES LIMITED

Company Registration Number: NI043882

BALANCE SHEET

as at 5 April 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

535,517

859,252

─────────

Current Assets

Debtors

100,374

967

Cash and cash equivalents

57,505

69,840

─────────

157,879

70,807

─────────

Creditors: amounts falling due within one year

(35,663)

(121,524)

─────────

Net Current Assets/(Liabilities)

122,216

(50,717)

─────────

Total Assets less Current Liabilities

657,733

808,535

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Capital and Reserves

Called up share capital

Revaluation reserve

97,750

97,750

Retained earnings

559,982

710,784

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Equity attributable to owners of the company

657,733

808,535

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 30 September 2025 and signed on its behalf by



________________________________
Mrs. Deirdre McBride
Director

BROOMHILL ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 5 April 2025

General Information

BROOMHILL ASSOCIATES LIMITED is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI043882. The registered office of the company is 8 Knocktarna Grange, Coleraine, BT52 1HN which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 5 April 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

Fixtures, fittings and equipment

20% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

The previous year included a fixed asset that had been misclassified as property. This has been corrected via a prior year adjustment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 1, (2024 - 1).

2025

2024

Number

Number

Employees

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4.	Tangible assets
		Land and	Fixtures,	Total
		buildings	fittings and
		freehold	equipment
		£	£	£
	Cost
	At 6 April 2024	857,843	2,999	860,842
	Disposals	(323,481)	-	(323,481)
		─────────	─────────	─────────
	At 5 April 2025	534,362	2,999	537,361
		─────────	─────────	─────────
	Depreciation
	At 6 April 2024	-	1,590	1,590
	Charge for the financial year	-	254	254
		─────────	─────────	─────────
	At 5 April 2025	-	1,844	1,844
		─────────	─────────	─────────
	Net book value
	At 5 April 2025	534,362	1,155	535,517
		═════════	═════════	═════════
	At 5 April 2024	857,843	1,409	859,252
		═════════	═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	100,000	-
	Other debtors	-	621
	Taxation (Note 7)	24	-
	Prepayments and accrued income	350	346
		─────────	─────────
		100,374	967
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Taxation (Note 7)	-	3,318
	Directors' current accounts	31,698	114,516
	Other creditors	200	50
	Accruals	3,765	3,640
		─────────	─────────
		35,663	121,524
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Debtors:
	Corporation tax	24	-
		═════════	═════════
	Creditors:
	Corporation tax	-	3,318
		═════════	═════════


8.	Changes in Equity

	Other Comprehensive Income	2025	2024
		£	£

	Revaluation reserve unrealised movement on revaluation of property	97,750	97,750
		═════════	═════════