REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2022 to 31 December 2023 |
for |
R & D Boyles and Sons Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2022 to 31 December 2023 |
for |
R & D Boyles and Sons Limited |
R & D Boyles and Sons Limited (Registered number: 14519062) |
Contents of the Financial Statements |
for the Period 1 December 2022 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
R & D Boyles and Sons Limited |
Company Information |
for the Period 1 December 2022 to 31 December 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Mills |
Canal Street |
Derby |
DE1 2RJ |
R & D Boyles and Sons Limited (Registered number: 14519062) |
Balance Sheet |
31 December 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
R & D Boyles and Sons Limited (Registered number: 14519062) |
Notes to the Financial Statements |
for the Period 1 December 2022 to 31 December 2023 |
1. | STATUTORY INFORMATION |
R & D Boyles and Sons Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the rental income receivable during the year. Rental income receivable is accounted for in the year in which the property is rented. |
Investment property |
Investment property is not depreciated but revalued annually at it's fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and is transferred to a fair value reserve. |
Deferred tax is provided on gains at the rate expected to apply when the properties are sold. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
Fair value at 31 December 2023 is represented by: |
£ |
Valuation in 2023 | 279,367 |
R & D Boyles and Sons Limited (Registered number: 14519062) |
Notes to the Financial Statements - continued |
for the Period 1 December 2022 to 31 December 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Tax |
Directors' current accounts | 272,055 |
Accrued expenses |