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Registration number: 11035283

GSE (Broadway) Limited
Unaudited Financial Statements
for the Period from 1 April 2024 to 28 March 2025

GSE (Broadway) Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Profit and Loss Account | 4
Balance Sheet | 5 to 6
Notes to the Unaudited Financial Statements | 5
Detailed Profit and Loss Account | 7
iXBRL Detailed Profit and Loss Account | 8

GSE (Broadway) Limited

Company Information

Directors | G Springer Z M Sorotzkin

Registered office | 2ND Floor Parkgates Bury New Road Prestwich Manchester M25 0TL

GSE (Broadway) Limited

Directors' Report for the Period from 1 April 2024 to 28 March 2025

The directors present their report and the financial statements for the period from 1 April 2024 to 28 March 2025.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the period were as follows:

G Springer

Z M Sorotzkin

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 March 2026 and signed on its behalf by:

......................................... G Springer Director

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
GSE (Broadway) Limited
for the Period Ended 28 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GSE (Broadway) Limited for the period ended 28 March 2025 as set out on pages 4 to 6 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of GSE (Broadway) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of GSE (Broadway) Limited and state those matters that we have agreed to state to the Board of Directors of GSE (Broadway) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GSE (Broadway) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that GSE (Broadway) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GSE (Broadway) Limited. You consider that GSE (Broadway) 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 accounts of GSE (Broadway) 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 accounts.

Haffner Hoff Ltd
2nd Floor - Parkgates
Bury New Road
Prestwich
M25 0TL

23 March 2026

GSE (Broadway) Limited

Profit and Loss Account for the Period from 1 April 2024 to 28 March 2025

| 2025 £ | 2024 £
Turnover | 162,910 | 163,355
Other charges | (154,563) | (199,107)
Profit/(loss) for the period | 8,347 | (35,752)

GSE (Broadway) Limited

(Registration number: 11035283)
Balance Sheet as at 28 March 2025

| 2025 £ | 2024 £
Fixed assets | 2,900,000 | 2,900,000
Current assets | 314,870 | 233,211
Creditors: Amounts falling due within one year | (36,879) | (28,152)
Net current assets | 277,991 | 205,059
Total assets less current liabilities | 3,177,991 | 3,105,059
Creditors: Amounts falling due after more than one year | (3,045,413) | (2,980,132)
Accruals and deferred income | 1,175 | 479
| 133,753 | 125,406
Capital and reserves | 133,753 | 125,406

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
2ND Floor Parkgates Bury New Road
Prestwich
Manchester
M25 0TL
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

GSE (Broadway) Limited

(Registration number: 11035283)
Balance Sheet as at 28 March 2025

For the financial period ending 28 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 period 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 in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the Board on 23 March 2026 and signed on its behalf by:

......................................... G Springer Director

GSE (Broadway) Limited

Detailed Profit and Loss Account for the Period from 1 April 2024 to 28 March 2025

| 1 April 2024 to 28 March 2025 £ | Year ended 31 March 2024 £
Rental income from investment property | 162,910 | 163,355
Rental overheads |  |
Agents commission | 7,619 | 7,612
Repairs | 10,806 | 5,860
Electricity | 6,347 | 5,062
| (24,772) | (18,534)
Administrative expenses |  |
Insurance | 8,936 | 4,196
Sundry expenses | - | 50
Cleaning | 1,700 | -
Accountancy fees | 900 | 850
Service Charges | 39,579 | 65,793
Legal and professional fees | 13,235 | 14,128
Bank charges | 161 | 139
| (64,511) | (85,156)
Operating profit | 73,627 | 59,665
Interest payable and similar charges | (65,280) | (95,417)
Profit/(loss) before tax | 8,347 | (35,752)
Tax |  |
Profit/(loss) after tax | 8,347 | (35,752)
Retained earnings brought forward | 125,405 | 161,157
Retained earnings carried forward | 133,752 | 125,405

GSE (Broadway) Limited

iXBRL Detailed Profit and Loss Account for the Period from 1 April 2024 to 28 March 2025

| 2025 £ | 2024 £
Turnover/revenue | 162,910 | 163,355
Cost of sales |  |
Distribution costs |  |
Administrative expenses |  |
Audit and accountancy other services | (900) | (850)
Rent, rates and services costs | (24,772) | (18,534)
Cleaning costs | (1,700) | -
Legal and professional costs | (13,235) | (14,128)
Bank charges | (161) | (139)
Inter-company management fees | (39,579) | (65,793)
Insurance costs | (8,936) | (4,196)
Other costs | - | (50)
Other operating income |  |
Other items |  |
Profit on ordinary activities before finance charges and interest | 73,627 | 59,665
Interest expense on bank overdraft, bank loans and similar borrowings | 1,920 | (28,217)
Non-bank interest and similar charges | (67,200) | (67,200)
Profit/(loss) for the financial period | 8,347 | (35,752)