Broadley-James Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04045789 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

BROADLEY-JAMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Broadley

C Broadley

J Budlong

SECRETARY:

Taylor Walton Secretarial Limited

REGISTERED OFFICE:

28-44 Alma Street

Luton

Bedfordshire

LU1 2PL

REGISTERED NUMBER:

04045789 (England and Wales)

AUDITORS:

Malthouse & Company Chartered Accountants

and Statutory Auditors

America House, Rumford Court

Rumford Place

Liverpool

Merseyside

L3 9DD

FIXED ASSETS

Tangible assets

4

54,508

117,841

CURRENT ASSETS

Stocks

229,295

406,788

Debtors

5

353,850

723,442

Cash at bank and in hand

1,256,300

816,007

1,839,445

1,946,237

CREDITORS

Amounts falling due within one year

6

320,384

526,466

NET CURRENT ASSETS

1,519,061

1,419,771

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,573,569

1,537,612

PROVISIONS FOR LIABILITIES

8

-

194,229

NET ASSETS

1,573,569

1,343,383

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

1,573,469

1,343,283

SHAREHOLDERS' FUNDS

1,573,569

1,343,383

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

S Broadley - Director

C Broadley - Director

1.	STATUTORY INFORMATION

Broadley-James Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements contain information about Broadley-James Limited as an individual company. Broadley-James Limited is included by full consolidation in the consolidated financial statements of its parent, Broadley James Corporation, whose registered office is: 19 Thomas, Irvine, CA 92618 USA.

TURNOVER

Turnover represents net invoiced sales of goods and services, excluding value added tax, and is recognised when goods are dispatched, or services are provided, to customers.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Fixed assets are initially recognised at cost.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stock cost is calculated via an average purchase cost method.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FINANCIAL INSTRUMENTS

The company holds only basic financial assets, including trade and other receivables which are initially recognised at transaction price and intercompany loans which are repayable on demand.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 February 2025

324,458

20,063

96,141

440,662

Additions

1,195

-

503

1,698

Disposals

(17,985

)

(6,596

)

(23,699

)

(48,280

)

At 31 January 2026

307,668

13,467

72,945

394,080

DEPRECIATION

At 1 February 2025

221,449

17,336

84,036

322,821

Charge for year

52,729

840

4,198

57,767

Eliminated on disposal

(16,129

)

(6,596

)

(18,291

)

(41,016

)

At 31 January 2026

258,049

11,580

69,943

339,572

NET BOOK VALUE

At 31 January 2026

49,619

1,887

3,002

54,508

At 31 January 2025

103,009

2,727

12,105

117,841

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

315,265

528,954

Other debtors

-

108,600

VAT

-

7,101

Prepayments and accrued income

38,585

78,787

353,850

723,442

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade creditors

150,491

418,305

Amounts owed to group undertakings

78,981

-

Tax

736

-

Social security and other taxes

10,845

32,949

VAT

5,699

-

Other creditors

60,766

63,642

Accruals and deferred income

12,866

11,570

320,384

526,466

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.26

31.1.25

£

Within one year

-

1,742

8.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

Other provisions

-

194,229

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

100

Ordinary

£1

100

10.

RESERVES

Retained

earnings

£

At 1 February 2025

1,343,283

Profit for the year

230,186

At 31 January 2026

1,573,469

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Guy Playfer BA FCA (Senior Statutory Auditor)

for and on behalf of Malthouse & Company Chartered Accountants

12.	RELATED PARTY DISCLOSURES

During the year, the company incurred management fees totalling £87,810 (2025: £521,861), which were payable to the parent company, Broadley James Corporation. The company also recharged the parent company for expenses totalling £10,629, which were paid on behalf of Broadley-James Ireland Limited, a company registered in the Republic of Ireland and related by common ownership.

13.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Broadley James Corporation, a company registered at 19 Thomas, Irvine, CA 92618 USA. The entire share capital of Broadley James Corporation is held by S. Broadley and C. Broadley, who are directors of Broadley-James Limited, and considered to be the ultimate controlling parties.