Company registration number 12680880 (England and Wales)
BOSS CONTROLS GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
BOSS CONTROLS GROUP LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
BOSS CONTROLS GROUP LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BOSS CONTROLS GROUP LIMITED FOR THE YEAR ENDED 31 OCTOBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boss Controls Group Limited for the year ended 31 October 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Boss Controls Group Limited, as a body, in accordance with the terms of our engagement letter dated 20 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Boss Controls Group Limited and state those matters that we have agreed to state to the board of directors of Boss Controls Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boss Controls Group Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Boss Controls Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Boss Controls Group Limited. You consider that Boss Controls Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Boss Controls Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box
29 May 2024
2024-05-29
Chartered Accountants
5 Peveril Court
6-8 London Road
Crawley
West Sussex
RH10 8JE
BOSS CONTROLS GROUP LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2023
31 October 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
396
396
Current assets
Debtors
4
296
296
Creditors: amounts falling due within one year
5
(100)
(100)
Net current assets
196
196
Net assets
592
592
Capital and reserves
-
-
Called up share capital
6
592
592

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 29 May 2024 and are signed on its behalf by:
Mr M R Berwick
Director
Company registration number 12680880 (England and Wales)
BOSS CONTROLS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
- 3 -
1
Accounting policies
Company information

Boss Controls Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Barclays House, 51 Bishopric, Horsham, West Sussex, RH12 1QJ.

1.1
Reporting period

The company was incorporated on 18 June 2020 and these financial statements represent the period to 31 October 2021.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.3
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

BOSS CONTROLS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
1
Accounting policies
(Continued)
- 4 -
1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 0 (2022 - 0).

3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
396
396
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
296
296
5
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
100
100
BOSS CONTROLS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
- 5 -
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
580
580
580
580
A Ordinary shares of £1 each
8
8
8
8
C Ordinary shares of £1 each
4
4
4
4
592
592
592
592
2023-10-312022-11-01false29 May 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr M R BerwickMr R L Woodfalsefalse126808802022-11-012023-10-31126808802023-10-31126808802022-10-3112680880core:CurrentFinancialInstrumentscore:WithinOneYear2023-10-3112680880core:CurrentFinancialInstrumentscore:WithinOneYear2022-10-3112680880core:ShareCapital2023-10-3112680880core:ShareCapital2022-10-3112680880core:ShareCapitalOrdinaryShares2023-10-3112680880core:ShareCapitalOrdinaryShares2022-10-3112680880bus:Director12022-11-012023-10-31126808802021-11-012022-10-3112680880core:WithinOneYear2023-10-3112680880core:WithinOneYear2022-10-3112680880core:CurrentFinancialInstruments2023-10-3112680880core:CurrentFinancialInstruments2022-10-3112680880bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112680880bus:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112680880bus:FRS1022022-11-012023-10-3112680880bus:AuditExemptWithAccountantsReport2022-11-012023-10-3112680880bus:Director22022-11-012023-10-3112680880bus:FullAccounts2022-11-012023-10-31xbrli:purexbrli:sharesiso4217:GBP