Company Registration No. 14123856 (England and Wales)
BOYLES PLUMBING AND HEATING LTD
Unaudited accounts
for the year ended 31 May 2024
BOYLES PLUMBING AND HEATING LTD
Unaudited accounts
Contents
BOYLES PLUMBING AND HEATING LTD
Company Information
for the year ended 31 May 2024
Director
James Robert Ronald Boyles
Company Number
14123856 (England and Wales)
Registered Office
15 Loundyes Close
Thatcham
RG18 3EA
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
BOYLES PLUMBING AND HEATING LTD
Accountants' report
Accountants' report to the director of BOYLES PLUMBING AND HEATING LTD on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
BOYLES PLUMBING AND HEATING LTD for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of BOYLES PLUMBING AND HEATING LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of BOYLES PLUMBING AND HEATING LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BOYLES PLUMBING AND HEATING LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BOYLES PLUMBING AND HEATING 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 loss of BOYLES PLUMBING AND HEATING LTD. You consider that BOYLES PLUMBING AND HEATING LTD 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 accounts of BOYLES PLUMBING AND HEATING 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 statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
10 June 2024
BOYLES PLUMBING AND HEATING LTD
Statement of financial position
as at 31 May 2024
Tangible assets
9,757
12,711
Cash at bank and in hand
26,667
18,716
Creditors: amounts falling due within one year
(50,362)
(34,860)
Net current (liabilities)/assets
(3,249)
8,340
Called up share capital
1
1
Profit and loss account
6,507
21,050
Shareholders' funds
6,508
21,051
For the year ending 31 May 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2024 and were signed on its behalf by
James Robert Ronald Boyles
Director
Company Registration No. 14123856
BOYLES PLUMBING AND HEATING LTD
Notes to the Accounts
for the year ended 31 May 2024
BOYLES PLUMBING AND HEATING LTD is a private company, limited by shares, registered in England and Wales, registration number 14123856. The registered office is 15 Loundyes Close, Thatcham, RG18 3EA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25 % reducing balance method
Computer equipment
25 % reducing balance method
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
16,948
-
16,948
At 31 May 2024
16,948
291
17,239
At 1 June 2023
4,237
-
4,237
Charge for the year
3,178
67
3,245
At 31 May 2024
7,415
67
7,482
At 31 May 2024
9,533
224
9,757
At 31 May 2023
12,711
-
12,711
BOYLES PLUMBING AND HEATING LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,504
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
683
2,130
Loans from directors
49,341
32,650
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
James Robert Ronald Boyles
Direcctor Loan Account
(32,650)
(28,180)
(11,489)
(49,341)
(32,650)
(28,180)
(11,489)
(49,341)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).