Speedbroker Ltd - Accounts

Speedbroker Ltd
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Speedbroker Ltd Accountants' Report For the year ended 28 February 2025
Accountant's report You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... The Z Squared Group Ltd Riverdale House 21a High Street Wheathampstead AL4 8BB 30 October 2025 1

Speedbroker Ltd
Accountants' Report
For the year ended 28 February 2025

Accountant's report

You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................

The Z Squared Group Ltd
Riverdale House
21a High Street
Wheathampstead
AL4 8BB
30 October 2025

1

Speedbroker Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	0	4,000
Tangible fixed assets	4	63,919	22,389
		63,919	26,389
Current assets
Debtors		19,094	0
Cash at bank and in hand		7,963	7,307
		27,057	7,307
Creditors: amount falling due within one year		(84,647)	(27,588)
Net current assets		(57,590)	(20,281)

Total assets less current liabilities		6,329	6,108
Provisions for liabilities		(2,169)	(834)
Net assets		4,160	5,274

Capital and reserves
Called up share capital		2	2
Share premium account		0	(5,000)
Revaluation Reserves		11,500	4,500
Profit and loss account		(7,342)	5,772
Shareholders' funds		4,160	5,274

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 October 2025 and were signed on its behalf by:

-------------------------------
Mr P Gardner
Director

2

Speedbroker Ltd
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

Speedbroker Ltd is a private company, limited by shares, registered in England and Wales, registration number 12476543, registration address Riverdale House, 21a High Street, Wheathampstead, Herts, AL4 8BB.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 March 2024	20,000	20,000
Additions	-	-
Disposals	-	-
At 28 February 2025	20,000	20,000
Amortisation
At 01 March 2024	16,000	16,000
Charge for year	4,000	4,000
On disposals	-	-
At 28 February 2025	20,000	20,000
Net book values
At 28 February 2025	-	-
At 29 February 2024	4,000	4,000

4.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 March 2024	23,450	23,450
Additions	41,000	41,000
Disposals	(7,500)	(7,500)
Revaluations	11,500	11,500
At 28 February 2025	68,450	68,450
Depreciation
At 01 March 2024	5,561	5,561
Charge for year	3,306	3,306
On disposals	(4,336)	(4,336)
At 28 February 2025	4,531	4,531
Net book values
Closing balance as at 28 February 2025	63,919	63,919
Opening balance as at 01 March 2024	22,389	22,389

3

Registered Number: 12476543
England and Wales
Abridged Accounts

for the year ended 28 February 2025
for
SPEEDBROKER LTD