S P Broadway Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08658102

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,120		4,680
Tangible Assets	5		142,468		150,061
Investments	6		50,625		50,625

			196,213		205,366
CURRENT ASSETS
Debtors	7	77,170		62,458
Cash at bank and in hand		89,248		158,009

		166,418		220,467
Creditors: Amounts Falling Due Within One Year	8	(53,772 )		(69,778 )

NET CURRENT ASSETS (LIABILITIES)			112,646		150,689

TOTAL ASSETS LESS CURRENT LIABILITIES			308,859		356,055

NET ASSETS			308,859		356,055

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Revaluation reserve	10		6,100		6,100
Profit and Loss Account			301,759		348,955

SHAREHOLDERS' FUNDS			308,859		356,055

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S P Broadway Ltd

Balance Sheet (continued)

As At 31 March 2025

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ross McFarlane

Director

05/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

S P Broadway Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08658102 . The registered office is Radcot Lodge, Radcot, Bampton, Oxfordshire, OX18 2SX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Periodic Revaluation
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 7)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	15,600

As at 31 March 2025	15,600

Amortisation
As at 1 April 2024	10,920
Provided during the period	1,560

As at 31 March 2025	12,480

Net Book Value
As at 31 March 2025	3,120

As at 1 April 2024	4,680

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S P Broadway Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2024	117,900	30,313	57,298	205,511
Additions	-	595	-	595

As at 31 March 2025	117,900	30,908	57,298	206,106

Depreciation
As at 1 April 2024	-	21,471	33,979	55,450
Provided during the period	-	2,359	5,829	8,188

As at 31 March 2025	-	23,830	39,808	63,638

Net Book Value
As at 31 March 2025	117,900	7,078	17,490	142,468

As at 1 April 2024	117,900	8,842	23,319	150,061

Land was purchased in January 2018 and was revalued as at 31.03.23 to have increased by 10%. Additional land was purchased in 2023. The next valuation will be as at 31.03.28.

6. Investments

	Other
	£
Cost
As at 1 April 2024	50,625

As at 31 March 2025	50,625

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	50,625

As at 1 April 2024	50,625

In the year to 31st March 2025 additional artwork totalling £nil (2024: £nil) was purchased as a fixed asset investment. Total artwork to 31st March 2025 is £50,625 (2024: £50,625) and was revalued as at 31.03.23 to have no increase in value. The next valuation will be as at 31.03.28.

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	73,810	58,819
Prepayments and accrued income	2,857	3,136
Other debtors	503	503

	77,170	62,458

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S P Broadway Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,164	3,603
Corporation tax	18,808	31,562
Other taxes and social security	3,486	-
VAT	27,318	34,009
Pension Liability	366	-
Accruals and deferred income	600	600
Director's loan account	30	4

	53,772	69,778

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	6,100

As at 31 March 2025	6,100

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