REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Boundary Group (Properties) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 September 2023 |
for |
Boundary Group (Properties) Limited |
Boundary Group (Properties) Limited (Registered number: 03998171) |
Contents of the Financial Statements |
for the Year Ended 30 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Boundary Group (Properties) Limited |
Company Information |
for the Year Ended 30 September 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3rd Floor Pacific Chambers |
11-13 Victoria Street |
Liverpool |
Merseyside |
L2 5QQ |
Boundary Group (Properties) Limited (Registered number: 03998171) |
Balance Sheet |
30 September 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
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. |
Boundary Group (Properties) Limited (Registered number: 03998171) |
Balance Sheet - continued |
30 September 2023 |
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 Group (Properties) Limited (Registered number: 03998171) |
Notes to the Financial Statements |
for the Year Ended 30 September 2023 |
1. | STATUTORY INFORMATION |
Boundary Group (Properties) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Depreciation has not been provided on short leasehold property, in line with previous years. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 October 2022 |
Additions |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 30 September 2022 |
Boundary Group (Properties) Limited (Registered number: 03998171) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
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 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Other creditors |
Amounts falling due in more than five years: |
Repayable by instalments |
Other loans more 5yrs instal | 279,538 | 208,575 |
8. | SECURED DEBTS |
Roger Francis Rimmer and Angela Marie Rimmer hold a charge over Bradman House, together with the machinery implements, building materials, furniture and equipment used in or about the mortgaged premises. |
The Grosvenor and Company of the Bank of Scotland holds fixed and floating charges over the undertaking and all property and assets present and future, including goodwill bookdebts, uncalled capital, buildings, fixtures and fixed plant and machinery. |
The North West Fund for Business Loans LP holds a fixed and floating charge over the debenture, including a negative pledge. |
Paratus Amc Limited holds a fixed a floating charge, containing a negative pledge, as a continuing security for the payment and discharge of the secured liabilities held over the land at 1 Greenham Avenue. |
Aldermore Bank PLC holds a charge over the property 3 Anders Drive, Liverpool. |
National Westminster Bank PLC holds a fixed charge, containing a negative pledge, over the property at 6 Bradman Road, Liverpool. |
Boundary Group (Properties) Limited (Registered number: 03998171) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2023 |
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 | - | 48,000 |
Boundary Group Holdings Limited - Loan | - | - |
Boundary Group Limited - Loan | 82,527 | 56,427 |
Creditors |
Boundary Group Holdings Limited - Trade creditor | 25 | 25 |
Boundary Group Limited - Trade creditor | 77 | 80 |
Boundary Plant Sales Limited - Loan | 11,993 | 11,993 |
RW Barton Limited - Loan | - | 5,335 |
Boundary Plant Refurbishment Limited - Loan | 442 | 442 |
Boundary Group Holdings Limited- Loan | 5,874 | - |
Rents of £10,362 were paid to Boundary Group (Holdings) Limited during the year. |
10. | ULTIMATE CONTROLLING PARTY |
The company is controlled by the directors. |