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REGISTERED NUMBER: 14519062 (England and Wales)



















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: A G Boyles
R J Boyles
J P Boyles





REGISTERED OFFICE: The Mills
Canal Street
Derby
Derbyshire
DE1 2RJ





REGISTERED NUMBER: 14519062 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
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 4 279,367

CURRENT ASSETS
Cash at bank 11,512

CREDITORS
Amounts falling due within one year 5 276,547
NET CURRENT LIABILITIES (265,035 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,332

CAPITAL AND RESERVES
Called up share capital 300
Retained earnings 14,032
14,332

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:





R J Boyles - Director


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 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.

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 as modified by the revaluation of certain assets.

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 3 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 279,367
At 31 December 2023 279,367
NET BOOK VALUE
At 31 December 2023 279,367

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 3,292
Directors' current accounts 272,055
Accrued expenses 1,200
276,547