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Registered Number: 12476543
England and Wales

 

 

 


Abridged Accounts

for the year ended 28 February 2026

for

SPEEDBROKER LTD

Accountant's report

You consider that the company is exempt from an audit for the year ended 28 February 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.



....................................................

The Z Squared Group Ltd

Riverdale House
21a High Street
Wheathampstead
AL4 8BB
08 October 2026
1
 
 
Notes
 
2026
£
  2025
£
Fixed assets      
Tangible fixed assets 4 81,000    63,919 
81,000    63,919 
Current assets      
Debtors 9,356    19,094 
Cash at bank and in hand 2,181    7,963 
11,537    27,057 
Creditors: amount falling due within one year (50,756)   (48,091)
Net current assets (39,219)   (21,034)
 
Total assets less current liabilities 41,781    42,885 
Creditors: amount falling due after more than one year (31,418)   (36,556)
Provisions for liabilities (127)   (2,169)
Net assets 10,236    4,160 
 

Capital and reserves
     
Called up share capital 2    2 
Revaluation Reserves 32,961    11,500 
Profit and loss account (22,727)   (7,342)
Shareholders' funds 10,236    4,160 
 


For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 08 October 2026 and were signed on its behalf by:


-------------------------------
Mr P Gardner
Director
2
General Information
Speedbroker Ltd is a private company, limited by shares, registered in England and Wales, registration number 12476543, registration address Riverdale House, 21a High Street, Wheathampstead, Herts, AL4 8BB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 25% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2025 : 2).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 March 2025 20,000    20,000 
Additions -    - 
Disposals -    - 
At 28 February 2026 20,000    20,000 
Amortisation
At 01 March 2025 20,000    20,000 
Charge for year -    - 
On disposals -    - 
At 28 February 2026 20,000    20,000 
Net book values
At 28 February 2026 -    - 
At 28 February 2025 -    - 


4.

Tangible fixed assets

Cost or valuation Motor Vehicles   Total
  £   £
At 01 March 2025 68,450    68,450 
Additions 10,620    10,620 
Disposals (18,000)   (18,000)
Revaluations 21,461    21,461 
At 28 February 2026 82,531    82,531 
Depreciation
At 01 March 2025 4,531    4,531 
Charge for year 2,188    2,188 
On disposals (5,188)   (5,188)
At 28 February 2026 1,531    1,531 
Net book values
Closing balance as at 28 February 2026 81,000    81,000 
Opening balance as at 01 March 2025 63,919    63,919 


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