Broadbent Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01255054

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Broadbent Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

C E Broadbent

Mrs E Broadbent

SECRETARY:

Mrs E Broadbent

REGISTERED OFFICE:

36A Market Street

New Mills

Derbyshire

SK22 4AA

REGISTERED NUMBER:

01255054

ACCOUNTANTS:

DLA Chartered Accountants

36A Market Street

New Mills

High Peak

SK22 4AA

FIXED ASSETS

Tangible assets

2

368,032

421,688

CURRENT ASSETS

Debtors

5,195

Cash at bank and in hand

12,057

9,315

17,252

14,510

CREDITORS

Amounts falling due within one year

34,391

186,520

NET CURRENT LIABILITIES

(17,139

)

(172,010

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

350,893

249,678

CREDITORS

Amounts falling due after more than one
year

30,164

43,569

NET ASSETS

320,729

206,109

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

319,729

205,109

SHAREHOLDERS' FUNDS

320,729

206,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 October 2016 and were signed on its behalf by:

C E Broadbent - Director

Mrs E Broadbent - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

464,082

Disposals

(82,682

)

At 30 June 2016

381,400

DEPRECIATION

At 1 July 2015

42,394

Charge for year

1,068

Eliminated on disposal

(30,094

)

At 30 June 2016

13,368

NET BOOK VALUE

At 30 June 2016

368,032

At 30 June 2015

421,688

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

1,000

Ordinary

£1

1,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Broadbent Properties Limited for the year ended 30 June 2016 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Broadbent Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Broadbent Properties Limited and state those matters that we have agreed to state to the Board of Directors of Broadbent Properties Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Broadbent Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Broadbent Properties Limited. You consider that Broadbent Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Broadbent Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

DLA Chartered Accountants

36A Market Street

New Mills

High Peak

SK22 4AA

14 October 2016