Company Registration No. 08538407 (England and Wales)
Broomfield Wind Ltd
Unaudited accounts
for the year ended 31 May 2020
Broomfield Wind Ltd
Unaudited accounts
Contents
Broomfield Wind Ltd
Company Information
for the year ended 31 May 2020
Director
Alexander William Hensher
Company Number
08538407 (England and Wales)
Registered Office
3 Spencer Road
Poole
Dorset
BH13 7ET
Accountants
Accounting Services for Business Limited
Tayfield House
38 Poole Road
Westbourne, Bournemouth
Dorset
BH4 9DW
Broomfield Wind Ltd
Statement of financial position
as at 31 May 2020
Tangible assets
1,245,768
1,311,335
Cash at bank and in hand
430,076
312,761
Creditors: amounts falling due within one year
(287,149)
(278,342)
Net current assets
155,440
34,419
Total assets less current liabilities
1,401,208
1,345,754
Creditors: amounts falling due after more than one year
(518,025)
(518,025)
Net assets
883,183
827,729
Called up share capital
100
100
Profit and loss account
883,083
827,629
Shareholders' funds
883,183
827,729
For the year ending 31 May 2020 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 25 June 2020 and were signed on its behalf by
Alexander William Hensher
Director
Company Registration No. 08538407
Broomfield Wind Ltd
Notes to the Accounts
for the year ended 31 May 2020
Broomfield Wind Ltd is a private company, limited by shares, registered in England and Wales, registration number 08538407. The registered office is 3 Spencer Road, Poole, Dorset, BH13 7ET.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% reducing balance
4
Tangible fixed assets
Plant & machinery
Charge for the year
65,567
Broomfield Wind Ltd
Notes to the Accounts
for the year ended 31 May 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
44,512
50,405
Loans from directors
227,087
227,087
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
110,000
110,000
Other creditors
408,025
408,025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
The Company is in receipt of interest-free loans from two Companies with the same Director and Shareholder, as follows:
Energy G Ltd is owed £110,000 (2019: £110,000)
Energy L Ltd is owed £297,065 (2019: £297,065)
In addition to these, there are interest-fee loans owed to other shareholders of the Company, who are members of the Directors' family, totalling £110,960 (2019: £110,960)
10
Average number of employees
During the year the average number of employees was 1 (2019: 1).
