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REGISTERED NUMBER: 05062612 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Boundarypoint Limited

Boundarypoint Limited (Registered number: 05062612)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Boundarypoint Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: N L Gaskell
S Gaskell



SECRETARY: S Gaskell



REGISTERED OFFICE: Avaland House
110 London Road
Apsley
Hemel Hempstead
Hertfordshire
HP3 9SD



REGISTERED NUMBER: 05062612 (England and Wales)



ACCOUNTANTS: David Lindon & Co
Chartered Accountants
Avaland House
110 London Road
Hemel Hempstead
Hertfordshire
HP3 9SD



BANKERS: National Westminster Bank Plc
PO Box 4115
Hornchurch
Essex
RM12 4DF

Boundarypoint Limited (Registered number: 05062612)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 935 3,819

CURRENT ASSETS
Debtors 5 72,078 83,794
Cash at bank 78,126 73,409
150,204 157,203
CREDITORS
Amounts falling due within one year 6 72,363 94,639
NET CURRENT ASSETS 77,841 62,564
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,776

66,383

PROVISIONS FOR LIABILITIES 178 726
NET ASSETS 78,598 65,657

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 78,596 65,655
SHAREHOLDERS' FUNDS 78,598 65,657

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 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.

Boundarypoint Limited (Registered number: 05062612)

Balance Sheet - continued
28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:





N L Gaskell - Director


Boundarypoint Limited (Registered number: 05062612)

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


1. STATUTORY INFORMATION

Boundarypoint 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.
Plant and machinery - 33% on cost
Office equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Boundarypoint Limited (Registered number: 05062612)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 13,982 3,862 17,844
DEPRECIATION
At 1 March 2022 10,376 3,649 14,025
Charge for year 2,671 213 2,884
At 28 February 2023 13,047 3,862 16,909
NET BOOK VALUE
At 28 February 2023 935 - 935
At 28 February 2022 3,606 213 3,819

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 69,502 82,264
Prepayments 2,576 1,530
72,078 83,794

Boundarypoint Limited (Registered number: 05062612)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,040 15,018
Tax 8,275 5,376
Social security and other taxes 2,804 1,659
VAT 16,596 29,206
Other creditors 1,827 1,663
Director's current account 27,139 27,790
Accrued expenses 3,682 13,927
72,363 94,639

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2