REGISTERED NUMBER: 02340666 (England and Wales)

15 VICTORIA PARADE BROADSTAIRS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P Costin

Ms R J Patterson

Mr D C Dryden

Mrs S J Brown-Doyle

REGISTERED OFFICE:

c/o Henderson Setterfield

194 Canterbury Road

Birchington

Kent

CT7 9AQ

REGISTERED NUMBER:

02340666 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

CURRENT ASSETS

Debtors

4

4,053

1,703

Cash at bank

4,644

2,269

8,697

3,972

CREDITORS

Amounts falling due within one year

5

(420

)

(384

)

NET CURRENT ASSETS

8,277

3,588

TOTAL ASSETS LESS CURRENT LIABILITIES

8,277

3,588

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

8,177

3,488

SHAREHOLDERS' FUNDS

8,277

3,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 30 June 2026 and were signed on its behalf by:

Mr P Costin - Director

1.	STATUTORY INFORMATION

15 Victoria Parade Broadstairs 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.

Turnover

Turnover represents service charges, insurance and section 20 works levied in the year.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Service charges in arrears

2,689

1,272

Insurance in arrears

1,364

431

4,053

1,703

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Accrued expenses

420

384

6.

RESERVES

Retained

earnings

£

At 1 April 2025

3,488

Profit for the year

-

Surplus/deficit in the year

4,689

At 31 March 2026

8,177

7.	CASH AT BANK

Cash at bank represents service charge monies paid by lessees and held in trust in a designated bank

account, per Section 42 of The Landlord and Tenant Act 1987.