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REGISTERED NUMBER: 14422481 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023

FOR

BOXBAR TECH LTD

BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOXBAR TECH LTD

COMPANY INFORMATION
FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023







DIRECTORS: Mr Reshad Sulleman Haroon Hossenally
Mr Andrew John Thubron





REGISTERED OFFICE: 9 Kerry Street
Horsforth
Leeds
LS18 4AW





REGISTERED NUMBER: 14422481 (England and Wales)





ACCOUNTANTS: Syers McGill
9 Kerry Street
Horsforth
Leeds
West Yorkshire
LS18 4AW

BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

BALANCE SHEET
31 OCTOBER 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 113,034

CURRENT ASSETS
Debtors 5 33,692
Cash at bank 112,283
145,975
CREDITORS
Amounts falling due within one year 6 54,435
NET CURRENT ASSETS 91,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,574

CAPITAL AND RESERVES
Called up share capital 7 110
Share premium 8 251,240
Retained earnings 8 (46,776 )
SHAREHOLDERS' FUNDS 204,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by:




Mr Reshad Sulleman Haroon Hossenally - Director



Mr Andrew John Thubron - Director


BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Boxbar Tech Ltd 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 - 20% on cost

Taxation
Taxation for the period 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 period 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 141,292
At 31 October 2023 141,292
DEPRECIATION
Charge for period 28,258
At 31 October 2023 28,258
NET BOOK VALUE
At 31 October 2023 113,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 11,014
VAT 22,678
33,692

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 47,914
Accrued expenses 6,521
54,435

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
110,050 Ordinary £0.00 1 110

110,050 Ordinary shares of £0.001 each were allotted as fully paid at a premium of £2.28296 per share during the period.

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

Deficit for the period (46,776 ) (46,776 )
Share issue - 251,240 251,240
At 31 October 2023 (46,776 ) 251,240 204,464

BOXBAR TECH LTD (REGISTERED NUMBER: 14422481)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 OCTOBER 2022 TO 31 OCTOBER 2023


9. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.