Company Registration No. 13460875 (England and Wales)
BROADWATER WORTHING LIMITED
Unaudited accounts
for the year ended 31 December 2025
BROADWATER WORTHING LIMITED
Statement of financial position
as at 31 December 2025
Investment property
15,400,000
14,725,000
Cash at bank and in hand
161,897
187,432
Creditors: amounts falling due within one year
(130,998)
(141,509)
Net current assets
142,776
145,266
Total assets less current liabilities
15,542,776
14,870,266
Creditors: amounts falling due after more than one year
(9,819,339)
(9,775,926)
Provisions for liabilities
Deferred tax
(477,103)
(347,943)
Net assets
5,246,334
4,746,397
Called up share capital
3,441,000
3,441,000
Profit and loss account
1,805,334
1,305,397
Shareholders' funds
5,246,334
4,746,397
For the year ending 31 December 2025 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 director acknowledges his 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 and authorised for issue on 16 September 2026 and were signed on its behalf by
Christos Dimitriadis
Director
Company Registration No. 13460875
BROADWATER WORTHING LIMITED
Notes to the Accounts
for the year ended 31 December 2025
BROADWATER WORTHING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13460875. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 January 2025
14,725,000
Net gain from fair value adjustments
516,638
At 31 December 2025
15,400,000
Amounts falling due within one year
Trade debtors
948
(15,003)
Accrued income and prepayments
6,765
114,346
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
27,866
19,476
Other creditors
90,106
98,559
BROADWATER WORTHING LIMITED
Notes to the Accounts
for the year ended 31 December 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
7,757,986
7,884,335
Amounts owed to group undertakings and other participating interests
2,061,353
1,891,591
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).