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REGISTERED NUMBER: 02269643 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BOLDREALM LIMITED

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

BOLDREALM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M H Ball
Mrs R Ball
Miss N A B Ball
E H W Ball





SECRETARY: Mrs R Ball





REGISTERED OFFICE: Roag House
Moor Lane
Osmaston
Ashbourne
Derbyshire
DE6 1LW





REGISTERED NUMBER: 02269643 (England and Wales)





ACCOUNTANTS: Bradley Accounting Plus Ltd
41 St John Street
Ashbourne
Derbyshire
DE6 1GP

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 486,468 535,777
Investment property 5 200,000 200,000
686,468 735,777

CURRENT ASSETS
Stocks - 3,434
Debtors 6 168 10,827
Cash at bank and in hand 3,449 62,976
3,617 77,237
CREDITORS
Amounts falling due within one year 7 166,191 345,936
NET CURRENT LIABILITIES (162,574 ) (268,699 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

523,894

467,078

PROVISIONS FOR LIABILITIES 25,136 34,505
NET ASSETS 498,758 432,573

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 144,092 144,092
Retained earnings 354,664 288,479
SHAREHOLDERS' FUNDS 498,758 432,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by:




M H Ball - Director



Mrs R Ball - Director


BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Boldrealm 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 8 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 485,380 13,144 132,736 6,479 637,739
Disposals - (12,257 ) (130,457 ) (4,468 ) (147,182 )
At 31 March 2023 485,380 887 2,279 2,011 490,557
DEPRECIATION
At 1 April 2022 - 11,743 84,556 5,663 101,962
Charge for year - 356 7,258 304 7,918
Eliminated on disposal - (11,495 ) (90,013 ) (4,283 ) (105,791 )
At 31 March 2023 - 604 1,801 1,684 4,089
NET BOOK VALUE
At 31 March 2023 485,380 283 478 327 486,468
At 31 March 2022 485,380 1,401 48,180 816 535,777

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Fixtures
and
fittings
£   
COST
At 1 April 2022 40,481
Transfer to ownership (40,481 )
At 31 March 2023 -
DEPRECIATION
At 1 April 2022 28,155
Transfer to ownership (28,155 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 12,326

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 200,000
NET BOOK VALUE
At 31 March 2023 200,000
At 31 March 2022 200,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments & Accrued Income 168 290
Deferred tax asset - 9,415
VAT - 1,122
168 10,827

BOLDREALM LIMITED (REGISTERED NUMBER: 02269643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 178
Tax 11,791 502
Social security and other taxes - 2,691
Net Wages - 53,596
Other creditors 13,000 11,740
Directors' current accounts 140,051 275,469
Accrued expenses 1,349 1,760
166,191 345,936

8. RESERVES
Fair
value
reserve
£   
At 1 April 2022
and 31 March 2023 144,092

9. RELATED PARTY DISCLOSURES

The directors, Mr M H Ball and Mrs R Ball, have advanced monies to the company interest free. The sums advanced are repayable on demand. The amount owed by the company to the directors at the year end was £140,051. (2022 - £275,469).








BOLDREALM LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
BOLDREALM LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bradley Accounting Plus Ltd
41 St John Street
Ashbourne
Derbyshire
DE6 1GP


20 September 2023