2022-10-012023-09-302023-09-30false05464047BOSTON DIRECT MANAGEMENT UK LTD2023-10-26iso4217:GBPxbrli:pure054640472022-10-01054640472023-09-30054640472022-10-012023-09-30054640472021-10-01054640472022-09-30054640472021-10-012022-09-3005464047bus:SmallEntities2022-10-012023-09-3005464047bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3005464047bus:FullAccounts2022-10-012023-09-3005464047bus:PrivateLimitedCompanyLtd2022-10-012023-09-3005464047core:WithinOneYear2023-09-3005464047core:AfterOneYear2023-09-3005464047core:WithinOneYear2022-09-3005464047core:AfterOneYear2022-09-3005464047core:ShareCapital2023-09-3005464047core:SharePremium2023-09-3005464047core:RevaluationReserve2023-09-3005464047core:OtherReservesSubtotal2023-09-3005464047core:RetainedEarningsAccumulatedLosses2023-09-3005464047core:ShareCapital2022-09-3005464047core:SharePremium2022-09-3005464047core:RevaluationReserve2022-09-3005464047core:OtherReservesSubtotal2022-09-3005464047core:RetainedEarningsAccumulatedLosses2022-09-3005464047core:LandBuildings2023-09-3005464047core:PlantMachinery2023-09-3005464047core:Vehicles2023-09-3005464047core:FurnitureFittings2023-09-3005464047core:OfficeEquipment2023-09-3005464047core:NetGoodwill2023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-09-3005464047core:ListedExchangeTraded2023-09-3005464047core:UnlistedNon-exchangeTraded2023-09-3005464047core:LandBuildings2022-09-3005464047core:PlantMachinery2022-09-3005464047core:Vehicles2022-09-3005464047core:FurnitureFittings2022-09-3005464047core:OfficeEquipment2022-09-3005464047core:NetGoodwill2022-09-3005464047core:IntangibleAssetsOtherThanGoodwill2022-09-3005464047core:ListedExchangeTraded2022-09-3005464047core:UnlistedNon-exchangeTraded2022-09-3005464047core:LandBuildings2022-10-012023-09-3005464047core:PlantMachinery2022-10-012023-09-3005464047core:Vehicles2022-10-012023-09-3005464047core:FurnitureFittings2022-10-012023-09-3005464047core:OfficeEquipment2022-10-012023-09-3005464047core:NetGoodwill2022-10-012023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3005464047core:ListedExchangeTraded2022-10-012023-09-3005464047core:UnlistedNon-exchangeTraded2022-10-012023-09-3005464047core:MoreThanFiveYears2022-10-012023-09-3005464047core:Non-currentFinancialInstruments2023-09-3005464047core:Non-currentFinancialInstruments2022-09-3005464047dpl:CostSales2022-10-012023-09-3005464047dpl:DistributionCosts2022-10-012023-09-3005464047dpl:AdministrativeExpenses2022-10-012023-09-3005464047core:LandBuildings2022-10-012023-09-3005464047core:PlantMachinery2022-10-012023-09-3005464047core:Vehicles2022-10-012023-09-3005464047core:FurnitureFittings2022-10-012023-09-3005464047core:OfficeEquipment2022-10-012023-09-3005464047core:NetGoodwill2022-10-012023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3005464047dpl:GroupUndertakings2022-10-012023-09-3005464047dpl:ParticipatingInterests2022-10-012023-09-3005464047dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3005464047core:ListedExchangeTraded2022-10-012023-09-3005464047dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3005464047core:UnlistedNon-exchangeTraded2022-10-012023-09-3005464047dpl:CostSales2021-10-012022-09-3005464047dpl:DistributionCosts2021-10-012022-09-3005464047dpl:AdministrativeExpenses2021-10-012022-09-3005464047core:LandBuildings2021-10-012022-09-3005464047core:PlantMachinery2021-10-012022-09-3005464047core:Vehicles2021-10-012022-09-3005464047core:FurnitureFittings2021-10-012022-09-3005464047core:OfficeEquipment2021-10-012022-09-3005464047core:NetGoodwill2021-10-012022-09-3005464047core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3005464047dpl:GroupUndertakings2021-10-012022-09-3005464047dpl:ParticipatingInterests2021-10-012022-09-3005464047dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3005464047core:ListedExchangeTraded2021-10-012022-09-3005464047dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3005464047core:UnlistedNon-exchangeTraded2021-10-012022-09-3005464047core:NetGoodwill2023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-09-3005464047core:LandBuildings2023-09-3005464047core:PlantMachinery2023-09-3005464047core:Vehicles2023-09-3005464047core:FurnitureFittings2023-09-3005464047core:OfficeEquipment2023-09-3005464047core:AfterOneYear2023-09-3005464047core:WithinOneYear2023-09-3005464047core:ListedExchangeTraded2023-09-3005464047core:UnlistedNon-exchangeTraded2023-09-3005464047core:ShareCapital2023-09-3005464047core:SharePremium2023-09-3005464047core:RevaluationReserve2023-09-3005464047core:OtherReservesSubtotal2023-09-3005464047core:RetainedEarningsAccumulatedLosses2023-09-3005464047core:NetGoodwill2022-09-3005464047core:IntangibleAssetsOtherThanGoodwill2022-09-3005464047core:LandBuildings2022-09-3005464047core:PlantMachinery2022-09-3005464047core:Vehicles2022-09-3005464047core:FurnitureFittings2022-09-3005464047core:OfficeEquipment2022-09-3005464047core:AfterOneYear2022-09-3005464047core:WithinOneYear2022-09-3005464047core:ListedExchange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BOSTON DIRECT MANAGEMENT UK LTD

Registered Number
05464047
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

BOSTON DIRECT MANAGEMENT UK LTD
Company Information
for the year from 1 October 2022 to 30 September 2023

Director

Mr J M Vincent

Registered Address

Yew Tree Farm
Eagle Barnsdale
Lincoln
LN6 9EA

Registered Number

05464047 (England and Wales)
BOSTON DIRECT MANAGEMENT UK LTD
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets78811,101
8811,101
Current assets
Debtors918,39033,626
Cash at bank and on hand58,76721,000
77,15754,626
Creditors amounts falling due within one year10(26,801)(17,188)
Net current assets (liabilities)50,35637,438
Total assets less current liabilities51,23738,539
Provisions for liabilities11(173)(209)
Net assets51,06438,330
Capital and reserves
Called up share capital102102
Profit and loss account50,96238,228
Shareholders' funds51,06438,330
The financial statements were approved and authorised for issue by the Director on 26 October 2023, and are signed on its behalf by:
Mr J M Vincent
Director
Registered Company No. 05464047
BOSTON DIRECT MANAGEMENT UK LTD
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the year under review was that of financial advisor.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment20
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year33
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 October 227,0987,098
At 30 September 237,0987,098
Depreciation and impairment
At 01 October 225,9975,997
Charge for year220220
At 30 September 236,2176,217
Net book value
At 30 September 23881881
At 30 September 221,1011,101
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Mr J M Vincent25,62122,90034,77213,749
Overdrawn directors loan account
25,62122,90034,77213,749
The comparative data for Mr J M Vincent overdrawn directors loan account was Brought forward at 1st October 2021 (£2,553) Amounts advanced £39,918 Amounts repaid (£11,744) Balance carried forward at 30th September 2022 £25,621 This loan is unsecured and repayable on demand, with interest charged at the official rate.
9.Debtors

2023

2022

££
Trade debtors / trade receivables-3,450
Other debtors13,74825,622
Prepayments and accrued income4,6424,554
Total18,39033,626
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables14,71714,487
Taxation and social security10,336557
Accrued liabilities and deferred income1,7482,144
Total26,80117,188
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
11.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)173209
Total173209