The One Broadway Limited - Filleted accounts

Registered number

10661864

The One Broadway Limited

Filleted Accounts

31 March 2025

The One Broadway Limited
Registered number:		10661864
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		38,552			42,628

Current assets
Stocks		4,500			4,500
Debtors	4	13,840			9,500
Cash at bank and in hand		34,279			58,361
		52,619			72,361

Creditors: amounts falling due within one year	5	(46,971)			(26,769)

Net current assets			5,648			45,592

Total assets less current liabilities			44,200			88,220

Creditors: amounts falling due after more than one year	6		(10,890)			(20,731)



Net assets			33,310			67,489

Capital and reserves
Called up share capital			100			100
Profit and loss account			33,210			67,389

Shareholder's funds			33,310			67,489

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Turkan Toprak
Director
Approved by the board on 17 December 2025

The One Broadway Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	20,850		49,543		70,393
	Additions	-		349		349
	At 31 March 2025	20,850		49,892		70,742

	Depreciation
	At 1 April 2024	-		27,765		27,765
	Charge for the year	-		4,425		4,425
	At 31 March 2025	-		32,190		32,190

	Net book value
	At 31 March 2025	20,850		17,702		38,552
	At 31 March 2024	20,850		21,778		42,628


4	Debtors			2025		2024
£					£

	Other debtors			13,840		9,500


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			26,770		12,228
	Taxation and social security costs			(332)		7,507
	Other creditors			20,533		7,034
				46,971		26,769


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			10,890		20,731


7	Related party transactions

	As at balance sheet date, the company owed its director £14,591. (2024: £7,241) which has been included other creditors due within one year.


8	Controlling party

	The company is under the control of its own directors and shareholders


9	Other information

	The One Broadway Limited is a private company limited by shares and incorporated in England. Its registered office is:
	1 Broadway Market
	London
	E8 4PH