Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 29 October 2021 true No description of principal activity 1 November 2022 31 October 2023 31 October 2023 13712155 Dr M Boulis Dr Afaf Boulis Dr Zoser Boulis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13712155 2022-10-31 13712155 2023-10-31 13712155 2022-11-01 2023-10-31 13712155 frs-core:CurrentFinancialInstruments 2023-10-31 13712155 frs-core:FurnitureFittings 2023-10-31 13712155 frs-core:FurnitureFittings 2022-11-01 2023-10-31 13712155 frs-core:FurnitureFittings 2022-10-31 13712155 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 13712155 frs-core:InvestmentPropertyIncludedWithinPPE 2022-10-31 13712155 frs-core:ShareCapital 2023-10-31 13712155 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-10-31 13712155 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 13712155 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13712155 frs-bus:FullAccounts 2022-11-01 2023-10-31 13712155 frs-bus:SmallEntities 2022-11-01 2023-10-31 13712155 frs-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 13712155 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 13712155 frs-bus:SmallCompaniesRegimeForDirectorsReport 2022-11-01 2023-10-31 13712155 frs-bus:Director1 2022-11-01 2023-10-31 13712155 frs-bus:Director2 2022-11-01 2023-10-31 13712155 frs-bus:Director3 2022-11-01 2023-10-31 13712155 frs-countries:EnglandWales 2022-11-01 2023-10-31 13712155 2021-10-28 13712155 2022-10-31 13712155 2021-10-29 2022-10-31 13712155 frs-core:CurrentFinancialInstruments 2022-10-31 13712155 frs-core:ShareCapital 2022-10-31 13712155 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-10-28 13712155 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 13712155
Boulis Properties Ltd
Directors' Report and
Financial Statements
For The Year Ended 31 October 2023
Samera Ltd
Chartered Accountants
136 High Street
Esher
Surrey
KT10 9QJ
Directors' Report and Financial Statements
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Statement of Income and Retained Earnings 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Company Information
Directors Dr M Boulis
Dr Afaf Boulis
Dr Zoser Boulis
Company Number 13712155
Registered Office 24 Hayes Road
Bromley
BR2 9AA
Accountants Samera Ltd
Chartered Accountants
136 High Street
Esher
Surrey
KT10 9QJ
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 October 2023.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Dr M Boulis
Dr Afaf Boulis
Dr Zoser Boulis
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Dr M Boulis
Director
29 July 2024
Page 2
Page 3
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Boulis Properties Ltd for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Boulis Properties Ltd for the year ended 31 October 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member 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 http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Boulis Properties Ltd , as a body, in accordance with the terms of our engagement letter dated 5 July 2024. Our work has been undertaken solely to prepare for your approval the accounts of Boulis Properties Ltd and state those matters that we have agreed to state to the directors of Boulis Properties Ltd , 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 Boulis Properties Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Boulis Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Boulis Properties Ltd . You consider that Boulis Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Boulis Properties Ltd . 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 financial statements.
Signed
Samera Limited
29 July 2024
Samera Ltd
Chartered Accountants
136 High Street
Esher
Surrey
KT10 9QJ
Page 3
Page 4
Statement of Income and Retained Earnings
2023 2022
Notes £ £
Administrative expenses (30,463 ) (33,134 )
OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR (30,463 ) (33,134 )
RETAINED EARNINGS
As at 1 November 2022 (33,134 ) -
As at 31 October 2023 (63,597 ) (33,134 )
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 677,074 706,037
677,074 706,037
Creditors: Amounts Falling Due Within One Year 4 (740,571 ) (739,071 )
NET CURRENT ASSETS (LIABILITIES) (740,571 ) (739,071 )
TOTAL ASSETS LESS CURRENT LIABILITIES (63,497 ) (33,034 )
NET LIABILITIES (63,497 ) (33,034 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (63,597 ) (33,134 )
SHAREHOLDERS' FUNDS (63,497) (33,034)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Dr M Boulis
Director
29 July 2024
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line Method
1.3. Investment Properties
All investment properties have been accounted for at book value. No revaluation of properties has been conducted in the current year, and no revaluation reserve has been created.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2022: 1)
3 1
3. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2022 601,182 133,818 735,000
As at 31 October 2023 601,182 133,818 735,000
Depreciation
As at 1 November 2022 - 28,963 28,963
Provided during the period - 28,963 28,963
As at 31 October 2023 - 57,926 57,926
Net Book Value
As at 31 October 2023 601,182 75,892 677,074
As at 1 November 2022 601,182 104,855 706,037
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 3,671
Accruals and deferred income 1,500 -
Directors' loan accounts 739,071 735,400
740,571 739,071
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 6
Page 7
6. General Information
Boulis Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13712155 . The registered office is 24 Hayes Road, Bromley, BR2 9AA.
Page 7