Company Registration No. 08024471 (England and Wales)
Broadland Towbar & Trailer Centre Ltd
Unaudited accounts
for the year ended 30 April 2025
Broadland Towbar & Trailer Centre Ltd
Unaudited accounts
Contents
Broadland Towbar & Trailer Centre Ltd
Company Information
for the year ended 30 April 2025
Directors
Wayne Henry Scotton
Julie Christine Scotton
Company Number
08024471 (England and Wales)
Registered Office
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Broadland Towbar & Trailer Centre Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
7,794
9,574
Cash at bank and in hand
230,471
187,723
Creditors: amounts falling due within one year
(82,328)
(58,971)
Net current assets
274,479
243,743
Total assets less current liabilities
282,273
253,317
Provisions for liabilities
Net assets
282,627
253,374
Called up share capital
100
100
Profit and loss account
282,527
253,274
Shareholders' funds
282,627
253,374
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Wayne Henry Scotton
Director
Company Registration No. 08024471
Broadland Towbar & Trailer Centre Ltd
Notes to the Accounts
for the year ended 30 April 2025
Broadland Towbar & Trailer Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 08024471. The registered office is JHW Azoth Ltd, 13 The Close, Norwich, Norfolk, NR1 4DS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Broadland Towbar & Trailer Centre Ltd
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
31,389
14,490
3,955
7,820
57,654
At 30 April 2025
31,389
14,490
3,955
8,678
58,512
At 1 May 2024
27,475
10,100
3,206
7,299
48,080
Charge for the year
979
1,098
187
374
2,638
At 30 April 2025
28,454
11,198
3,393
7,673
50,718
At 30 April 2025
2,935
3,292
562
1,005
7,794
At 30 April 2024
3,914
4,390
749
521
9,574
Amounts falling due within one year
Trade debtors
11,894
5,941
Other debtors
62,942
53,530
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
20,561
24,586
Taxes and social security
16,888
31,815
Loans from directors
23,827
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Broadland Agriculture Limited
Included in other debtors is a loan from Broadland Towbar & Trailer Centre Ltd to Broadland Agriculture Ltd amounting to £57,395 (2024: £48,895). Broadland Agriculture Ltd is a company that is under the same ownership and control as Broadland Towbar & Trailer Centre Ltd.
Broadland Towbar & Trailer Centre Ltd
Notes to the Accounts
for the year ended 30 April 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).