Broadlands Holdings Limited - Accounts to registrar (filleted) - small 18.2
Broadlands Holdings Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2019 |
| for |
| Broadlands Holdings Limited |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Contents of the Financial Statements |
| for the year ended 31 October 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Broadlands Holdings Limited |
| Company Information |
| for the year ended 31 October 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Statement of Financial Position |
| 31 October 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| The director acknowledges his 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. |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Statement of Financial Position - continued |
| 31 October 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Notes to the Financial Statements |
| for the year ended 31 October 2019 |
| 1. | STATUTORY INFORMATION |
| Broadlands Holdings Limited ('The Company') is a family investment company. |
| The company is a private company limited by shares and is incorporated in England and Wales. The company's |
| registered number and registered office address can be found on the Company Information page. |
| The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary |
| amounts in these financial statements are rounded to the nearest £. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| No material uncertainties that may cast significant doubt about the ability to continue as a going concern have |
| been identified by the directors. On this basis the directors consider it appropriate to prepare the financial |
| statements on a going concern basis. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| Income from fixed asset investments |
| Dividends receivable from the fixed asset investments are credited to the profit and loss account on the date the |
| dividend is voted. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2018 - NIL). |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Notes to the Financial Statements - continued |
| for the year ended 31 October 2019 |
| 5. | INTANGIBLE FIXED ASSETS |
| Licences |
| £ |
| COST |
| Additions |
| At 31 October 2019 |
| AMORTISATION |
| Amortisation for year |
| At 31 October 2019 |
| NET BOOK VALUE |
| At 31 October 2019 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 November 2018 |
| and 31 October 2019 |
| NET BOOK VALUE |
| At 31 October 2019 |
| At 31 October 2018 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| Directors' current accounts | 10,000 | - |
| Amounts owed by group undertakings are unsecured and repayable on demand. |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| Broadlands Holdings Limited (Registered number: 10197063) |
| Notes to the Financial Statements - continued |
| for the year ended 31 October 2019 |
| 9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 October 2019 and |
| 31 October 2018: |
| 2019 | 2018 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| 10. | RELATED PARTY DISCLOSURES |
| Transactions with related parties during the year and balances outstanding at the end of the reporting period were |
| as follows: |
| Entities over which the directors have control: |
| 2019 | 2018 |
| £ | £ |
| Other income received (Interest) | 11,355 | 1,021 |
| Amounts owed by entities | 119,000 | - |
| Trademarks purchase | 10,000 |