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Registration number: SC183551

Broomvale Ltd
Unaudited Financial Statements
for the Year Ended 31 March 2025

Broomvale Ltd

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 5

Broomvale Ltd

(Registration number: SC183551)
Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 17,450 | 19,460
Investment property | 5 | 293,633 | 451,939
|  | 311,083 | 471,399
Current assets |  |  |
Cash at bank and in hand |  | 335,283 | 96,209
Creditors: Amounts falling due within one year | 6 | (41,118) | (8,650)
Net current assets |  | 294,165 | 87,559
Total assets less current liabilities |  | 605,248 | 558,958
Provisions for liabilities |  | (1,413) | (1,583)
Net assets |  | 603,835 | 557,375
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 603,735 | 557,275
Shareholders' funds |  | 603,835 | 557,375

For the financial year ending 31 March 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; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 27 October 2025 and signed on its behalf by:

......................................... Mr M A Mohammed Director

Broomvale Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
29 Commercial Street
Dundee
DD1 3DG
United Kingdom

The principal place of business is:
13 Shamrock Street
Dundee
DD4 7AH

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Broomvale Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Tenants alterations | 10% reducing balance
Fixtures & fittings | 10% reducing balance
Equipment | 15% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Broomvale Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3 | Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 0 (2024 - 0).

4 | Tangible assets

| Fixtures and fittings £ | Tenants Alterations £ | Office equipment £ | Total £
Cost or valuation
At 1 April 2024 | 48,086 | 43,771 | 14,795 | 106,652
At 31 March 2025 | 48,086 | 43,771 | 14,795 | 106,652
Depreciation
At 1 April 2024 | 41,011 | 32,642 | 13,539 | 87,192
Charge for the year | 708 | 1,113 | 189 | 2,010
At 31 March 2025 | 41,719 | 33,755 | 13,728 | 89,202
Carrying amount
At 31 March 2025 | 6,367 | 10,016 | 1,067 | 17,450
At 31 March 2024 | 7,075 | 11,129 | 1,256 | 19,460

5 | Investment properties

| 2025 £
At 1 April | 451,939
Additions | -
Disposals | (158,306)
Fair value adjustments | -
At 31 March | 293,633

There has been no valuation of investment property by an independent valuer.

Broomvale Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 34,132 | 3,904
Accruals and deferred income | 1,834 | 1,813
Other creditors | 5,152 | 2,933
| 41,118 | 8,650

7 | Dividends

Final dividends paid

|  | 2025 £ |  | 2024 £
Final dividend of £774.89 (2024 - £1,551.71) per each Ordinary A |  | 37,970 |  | 38,763
Final dividend of £883.10 (2024 - £1,092.37) per each Ordinary B |  | 43,272 |  | 27,309
|  | 81,242 |  | 66,072