Broadway Convenient Ltd - Abbreviated accounts

BROADWAY CONVENIENT LIMITED - Company Information

Registered number

07849349

Broadway Convenient Ltd

Abbreviated Accounts

30 November 2015

Broadway Convenient Ltd

Report to the directors on the preparation of the unaudited abbreviated accounts of Broadway Convenient Ltd for the year ended 30 November 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Broadway Convenient Ltd for the year ended 30 November 2015 which comprise of 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Broadway Convenient Ltd, as a body, in accordance with the terms of our engagement letter dated 1 February 2013. Our work has been undertaken solely to prepare for your approval the accounts of Broadway Convenient Ltd and state those matters that we have agreed to state to the Board of Directors of Broadway Convenient Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Broadway Convenient Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Broadway Convenient Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Broadway Convenient Ltd. You consider that Broadway Convenient Ltd 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 accounts of Broadway Convenient Ltd. 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 abbreviated accounts.

Kaman Professional Services Ltd
Chartered Certified Accountants
Vista Business Centre
50 Salisbury Road
Hounslow
Middlesex
TW4 6JQ

11 August 2016

Broadway Convenient Ltd
Registered number:		07849349
Abbreviated Balance Sheet
as at 30 November 2015

Notes			2015			2014
£				£
Current assets
Stocks		18,500			18,320
Cash at bank and in hand		789			1,208
		19,289			19,528

Creditors: amounts falling due within one year		(20,566)			(19,184)

Net current (liabilities)/assets			(1,277)			344

Net (liabilities)/assets			(1,277)			344

Capital and reserves
Called up share capital	2		1			1
Profit and loss account			(1,278)			343

Shareholders' funds			(1,277)			344

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr Kamaljeet Singh Gurwara
Director
Approved by the board on 11 August 2016

Broadway Convenient Ltd
Notes to the Abbreviated Accounts
for the year ended 30 November 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% straight line


	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1