Company Registration No. 9355312 (England and Wales)
Broadoak Private Finance Ltd
Unaudited accounts
for the year ended 31 May 2019
Broadoak Private Finance Ltd
Unaudited accounts
Contents
Broadoak Private Finance Ltd
Company Information
for the year ended 31 May 2019
Company Number
9355312 (England and Wales)
Registered Office
53 KING STREET
MANCHESTER
M2 4LQ
ENGLAND
Broadoak Private Finance Ltd
Statement of financial position
as at
31 May 2019
Debtors
3,300,364
1,529,093
Cash at bank and in hand
437,256
205,583
Creditors: amounts falling due within one year
(3,097,383)
(1,138,214)
Net current assets
640,237
596,462
Net assets
640,237
596,862
Called up share capital
100
100
Profit and loss account
640,137
596,762
Shareholders' funds
640,237
596,862
For the year ending 31 May 2019 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.
Approved by the Board on 27 February 2020.
Jamie Blealkey
Director
Company Registration No. 9355312
Broadoak Private Finance Ltd
Notes to the Accounts
for the year ended 31 May 2019
Broadoak Private Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 9355312. The registered office is 53 KING STREET, MANCHESTER, M2 4LQ, ENGLAND.
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:
Computer equipment
Striaght line over 3 years
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Other debtors
3,300,364
1,529,093
Broadoak Private Finance Ltd
Notes to the Accounts
for the year ended 31 May 2019
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
345,478
53,945
Taxes and social security
60,870
109,873
Other creditors
2,646,357
906,396
Loans from directors
36,678
-
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).