Company Registration No. 10662886 (England and Wales)
Broadbench Wealth Ltd
Unaudited accounts
for the year ended 31 March 2026
Broadbench Wealth Ltd
Unaudited accounts
Contents
Broadbench Wealth Ltd
Company Information
for the year ended 31 March 2026
Directors
Thomas Hitchcock
Michael Cooke
Company Number
10662886 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
Broadbench Wealth Ltd
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
563
342
Creditors: amounts falling due within one year
(8,402)
369
Net current (liabilities)/assets
(7,839)
711
Total assets less current liabilities
(7,839)
711
Creditors: amounts falling due after more than one year
(13,025)
(24,455)
Net liabilities
(20,864)
(23,744)
Called up share capital
100
100
Profit and loss account
(20,964)
(23,844)
Shareholders' funds
(20,864)
(23,744)
For the year ending 31 March 2026 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 26 August 2026 and were signed on its behalf by
Thomas Hitchcock
Director
Company Registration No. 10662886
Broadbench Wealth Ltd
Notes to the Accounts
for the year ended 31 March 2026
Broadbench Wealth Ltd is a private company, limited by shares, registered in England and Wales, registration number 10662886. The registered office is 124 City Road, London, EC1V 2NX.
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. 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.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
8,102
371
Taxes and social security
-
(1,042)
Loans from directors
300
302
5
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
9,490
8,653
Broadbench Wealth Ltd
Notes to the Accounts
for the year ended 31 March 2026
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).