REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Boundary Plant Refurbishment Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Boundary Plant Refurbishment Limited |
Boundary Plant Refurbishment Limited (Registered number: 10715545) |
Contents of the Financial Statements |
for the Year Ended 30 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Boundary Plant Refurbishment Limited |
Company Information |
for the Year Ended 30 September 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3rd Floor Pacific Chambers |
11-13 Victoria Street |
Liverpool |
Merseyside |
L2 5QQ |
Boundary Plant Refurbishment Limited (Registered number: 10715545) |
Balance Sheet |
30 September 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 |
Boundary Plant Refurbishment Limited (Registered number: 10715545) |
Notes to the Financial Statements |
for the Year Ended 30 September 2023 |
1. | STATUTORY INFORMATION |
Boundary Plant Refurbishment Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company is dependent on the continuing support of its fixed asset investments in order that it can meet its liabilities as they fall due. The directors expect to continue to support the company for the foreseeable future, being a period of not less than 12 months from the date of approval of these financial statements and have therefore prepared the financial statements on the going concern basis. |
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 |
Plant and machinery etc | - |
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. |
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 |
Boundary Plant Refurbishment Limited (Registered number: 10715545) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2022 |
Additions |
At 30 September 2023 |
DEPRECIATION |
At 1 October 2022 |
Charge for year |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 30 September 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
Boundary Plant Refurbishment Limited (Registered number: 10715545) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
7. | FINANCIAL INSTRUMENTS |
NPIF NW Debt LP and The North West Fund for Business Loans LP holds a fixed and floating charge over the freehold and leasehold properest belonging to the company, both now and in the future. |
These charges include buildings, trade and other fixtures, fixed plant and machinery and all patents, copyrights, marks, service marks, designs and other intellectual property rights (including without limitation business names, know-how, formulae, inventions, confidential information, trade secrets, computer software, programs and systems), claims and all fees, royalties and other rights of every kind deriving from such intellectual property now or in the future belonging to the company. |
Svenska Handelsbanken Ab (Publ) holds a fixed and floating charge, which covers all the property or undertaking of the company. |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.23 | 30.9.22 |
value: | £ | £ |
Ordinary | 1 | 100 | 100 |
9. | RELATED PARTY DISCLOSURES |
At the year ended 30 September 2023 the following amounts were outstanding to companies within the same group: |
30.09.23 | 30.09.22 |
Debtors |
Boundary Plant Sales Limited - Trade debtor | - | 53,071 |
Boundary Plant Hire Limited - Trade debtor | - | 24,028 |
Boundary Group Limited - Trade debtor | - | 2,220 |
Boundary Plant Sales Limited - Loan | 158,624 | 25,293 |
Boundary Plant Hire Limited - Loan | 82,190 | 18,991 |
Boundary Group Properties Limited - Loan | - | 443 |
Creditors |
Boundary Plant Sales Limited - Trade creditor | - | 2,067 |
Boundary Plant Hire Limited - Trade creditor | - | 7,198 |
Boundary Group Limited - Trade creditor | 10,466 | 43,766 |
Boundary Group Holdings Limited - Trade creditor | (494 | ) | (494 | ) |
Boundary Group Limited - Loan | 274,297 | 102,572 |
Boundary Group Holdings - Loan | 137,937 | 173,547 |
The company traded with Boundary Plant Sales Limited and Boundary Plant Hire Limited during the year, including sales of £75,650 and £30,656 respectively, and purchases of £2,180 (Boundary Plant Sales Limited). |
Rents of £9,600 were paid to Boundary Group (Holdings) Limited during the year. |
10. | ULTIMATE CONTROLLING PARTY |
The company is controlled by the directors, Simon and Jonathan Rimmer, by virtue of their 100% shareholding. |