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BROADWAY MALYAN TRUSTEE LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
Broadway Malyan Trustee Limited is a private limited liability company incorporated in England and Wales. The registered office and registered number of the Company can be found on the company information page.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.
The following principal accounting policies have been applied:
Turnover represents the invoiced value, net of Value Added tax, of services provided to other companies in the Broadway Malyan Group.
The Company is a wholly owned subsidiary of Broadway Malyan Holdings Limited. Support is provided from Broadway Malyan Holdings Limited, the Company's parent undertaking, that confirms that Broadway Malyan Holdings Limited will provide sufficient financial support to the Company to enable the Company's financial statements for the year ended 30 April 2026 to be prepared on a going concern basis of preparation. The Directors are confident that Broadway Malyan Holdings Limited has sufficient funds to provide such support as may be required.
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The Company has no employees other than the Directors, who did not receive any remuneration (2025 - £NIL).
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