Company Registration No. SC197633 (Scotland)
Broxden Limited
Unaudited accounts
for the year ended 30 June 2023
Broxden Limited
Unaudited accounts
Contents
Broxden Limited
Company Information
for the year ended 30 June 2023
Directors
John Roy
Anne Smith
Company Number
SC197633 (Scotland)
Registered Office
Algo Business Centre
Glenearn Road
Perth
PH2 0NJ
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Broxden Limited
Statement of financial position
as at 30 June 2023
Tangible assets
4,837
7,265
Cash at bank and in hand
52,103
110,950
Creditors: amounts falling due within one year
(27,656)
(31,231)
Net current assets
50,035
95,618
Called up share capital
100
100
Profit and loss account
55,219
103,230
Shareholders' funds
55,319
103,330
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by
John Roy
Director
Company Registration No. SC197633
Broxden Limited
Notes to the Accounts
for the year ended 30 June 2023
Broxden Limited is a private company, limited by shares, registered in Scotland, registration number SC197633. The registered office is Algo Business Centre, Glenearn Road , Perth , PH2 0NJ.
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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.
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Broxden Limited
Notes to the Accounts
for the year ended 30 June 2023
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
23,597
9,181
32,778
At 30 June 2023
23,597
9,181
32,778
At 1 July 2022
21,497
4,016
25,513
Charge for the year
1,136
1,292
2,428
At 30 June 2023
22,633
5,308
27,941
At 30 June 2023
964
3,873
4,837
At 30 June 2022
2,100
5,165
7,265
Amounts falling due within one year
Trade debtors
25,588
15,899
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,043
1,220
Taxes and social security
5,318
12,204
Other creditors
6,962
5,119
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Average number of employees
During the year the average number of employees was 4 (2022: 4).
