REGISTERED NUMBER: 05873201 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 31 OCTOBER 2025

FOR

BROADFIELDS DEVELOPMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTORS:

R C Phillips

S P Phillips

SECRETARY:

S P Phillips

REGISTERED OFFICE:

20 Havelock Road

Hastings

East Sussex

TN34 1BP

REGISTERED NUMBER:

05873201 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Investment property

4

-

238,500

CURRENT ASSETS

Debtors

5

49,679

-

Cash at bank

108,428

9,468

158,107

9,468

CREDITORS

Amounts falling due within one year

6

11,682

10,017

NET CURRENT ASSETS/(LIABILITIES)

146,425

(549

)

TOTAL ASSETS LESS CURRENT LIABILITIES

146,425

237,951

CREDITORS

Amounts falling due after more than one year

7

-

(101,253

)

PROVISIONS FOR LIABILITIES

-

(14,915

)

NET ASSETS

146,425

121,783

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

9

146,415

121,773

SHAREHOLDERS' FUNDS

146,425

121,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

R C Phillips - Director

1.	STATUTORY INFORMATION

Broadfields Developments Limited is a private company, limited by shares , registered in England and Wales. 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.

The company ceased to trade on 31 October 2025.

Turnover

Turnover represents rental income from property held by the company, recognised as it becomes due by the tenants.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

238,500

Disposals

(238,500

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 July 2024

238,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.7.24

£

£

Directors' current accounts

49,679

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.7.24

£

£

Tax

10,722

1,036

Other creditors

-

350

Directors' loan accounts

-

8,000

Accrued expenses

960

631

11,682

10,017

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.7.24

£

£

Directors' loan accounts

-

101,253

8.	SECURED DEBTS

Lloyds TSB Bank plc hold a mortgage charge over the property included within investment property and fixed and floating charges over all other assets of the company.

9.

RESERVES

Retained

earnings

£

At 1 August 2024

121,773

Profit for the period

24,642

At 31 October 2025

146,415

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2025 and the year ended 31 July 2024:

31.10.25

31.7.24

£

£

R C Phillips

Balance outstanding at start of period

(109,253

)

(108,142

)

Amounts advanced

261,220

4,000

Amounts repaid

(102,288

)

(5,111

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

49,679

(109,253

)

At the start of the year, the directors were owed £109,253 by the company. During the year, they were advanced £261,200 and repaid £102,288. Interest was added at 2.25% on the balance outstanding. At the year end, the directors owed the company £49,679 which was repaid within 9 months of the year end.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Broadfields Developments Limited for the period ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Broadfields Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Broadfields Developments Limited and state those matters that we have agreed to state to the Board of Directors of Broadfields Developments Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Broadfields Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Broadfields Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Broadfields Developments Limited. You consider that Broadfields Developments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Broadfields Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

7 November 2025