Broadhold Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08581649 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2017

for

Broadhold Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Broadhurst

REGISTERED OFFICE:

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

REGISTERED NUMBER:

08581649 (England and Wales)

ACCOUNTANTS:

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

FIXED ASSETS

Tangible assets

4

2,127

-

CURRENT ASSETS

Debtors

5

131,527

127,539

Cash at bank

53,873

78,831

185,400

206,370

CREDITORS

Amounts falling due within one year

6

111,229

107,998

NET CURRENT ASSETS

74,171

98,372

TOTAL ASSETS LESS CURRENT
LIABILITIES

76,298

98,372

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

76,297

98,371

SHAREHOLDERS' FUNDS

76,298

98,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 28 February 2018 and were signed by:

S Broadhurst - Director

1.	STATUTORY INFORMATION

Broadhold Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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 balance sheet date.

Deferred tax

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

the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

3,175

At 31 May 2017

3,175

DEPRECIATION

Charge for year

1,048

At 31 May 2017

1,048

NET BOOK VALUE

At 31 May 2017

2,127

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

Directors' loan accounts

59,981

Prepayments and accrued income

71,546

67,558

131,527

127,539

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

Tax

36,606

17,393

VAT

71,546

67,558

Directors' current accounts

9

20,977

Accrued expenses

3,068

2,070

111,229

107,998

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

31.5.16

value:

£

1

Ordinary

£1

1

8.	RELATED PARTY DISCLOSURES

On 29 April 2016, the director took a loan from the company of 59,981. There is a separate current

account balance in favour of the director at the year-end of £9 (£20,977 - 2016). With the exception of

these balances, there have been no further related party transactions.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Broadhurst by virtue of his ownership of 100% of the issued equity share

capital.

Broadhold Limited - Accounts to registrar (filleted) - small 17.3

Broadhold Limited - Accounts to registrar (filleted) - small 17.3