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REGISTERED NUMBER: 05051644 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Boothby Investments Limited

Boothby Investments Limited (Registered number: 05051644)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Chartered Accountants' Report 1

Balance Sheet 2

Notes to the Financial Statements 3


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Boothby Investments Limited

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boothby Investments Limited for the year ended 28 February 2023 which comprise the Income Statement, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Boothby Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Boothby Investments Limited and state those matters that we have agreed to state to the director of Boothby Investments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boothby Investments Limited and its director for our work or for this report.

It is your duty to ensure that Boothby Investments 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 Boothby Investments Limited. You consider that Boothby Investments 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 Boothby Investments 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG


1 September 2023

Boothby Investments Limited (Registered number: 05051644)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 879
Investment property 5 443,535 443,535
443,535 444,414

CURRENT ASSETS
Debtors 6 6,896 4,698
Cash at bank 1,896 4,253
8,792 8,951
CREDITORS
Amounts falling due within one year 7 75,199 74,725
NET CURRENT LIABILITIES (66,407 ) (65,774 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

377,128

378,640

CREDITORS
Amounts falling due after more than one
year

8

(246,931

)

(266,874

)

PROVISIONS FOR LIABILITIES (1,986 ) (2,368 )
NET ASSETS 128,211 109,398

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 19,050 19,050
Retained earnings 109,061 90,248
SHAREHOLDERS' FUNDS 128,211 109,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 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 director and authorised for issue on 1 September 2023 and were signed by:



S J Elkington - Director


Boothby Investments Limited (Registered number: 05051644)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Boothby Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05051644

Registered office: 15 Newland
Lincoln
Lincolnshire
LN1 1XG

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable during the period, 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.
Computer equipment - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Boothby Investments Limited (Registered number: 05051644)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022
and 28 February 2023 3,432
DEPRECIATION
At 1 March 2022 2,553
Charge for year 879
At 28 February 2023 3,432
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 879

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 443,535
NET BOOK VALUE
At 28 February 2023 443,535
At 28 February 2022 443,535

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2021 21,036
Cost 422,499
443,535

Investment property was valued on an open market basis on 28 February 2021 by the Director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,165 4,352
Other debtors 731 346
6,896 4,698

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 248
Taxation and social security 4,529 4,358
Other creditors 70,670 70,119
75,199 74,725

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 246,931 266,874

Boothby Investments Limited (Registered number: 05051644)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
25 Ordinary A £1 25 25
25 Ordinary B £1 25 25
25 Ordinary C £1 25 25
25 Ordinary D £1 25 25
100 100

10. RESERVES
Fair
value
reserve
£   
At 1 March 2022
and 28 February 2023 19,050