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REGISTERED NUMBER: SC429798 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Boisdale Build Limited

Boisdale Build Limited (Registered number: SC429798)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Boisdale Build Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Roderick G MacInnes





REGISTERED OFFICE: 364 South Boisdale
Lochboisdale
South Uist
HS8 5TE





REGISTERED NUMBER: SC429798 (Scotland)





ACCOUNTANTS: Stevenson & Kyles
Chartered Accountants
25 Sandyford Place
Glasgow
G3 7NG

Boisdale Build Limited (Registered number: SC429798)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,844 58,248

CURRENT ASSETS
Debtors 5 4,600 4,600
Cash at bank 875 5,965
5,475 10,565
CREDITORS
Amounts falling due within one year 6 49,021 47,384
NET CURRENT LIABILITIES (43,546 ) (36,819 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,298

21,429

CREDITORS
Amounts falling due after more than one
year

7

(16,849

)

(31,098

)

PROVISIONS FOR LIABILITIES 9 - (7,382 )
NET LIABILITIES (12,551 ) (17,051 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (12,651 ) (17,151 )
SHAREHOLDERS' FUNDS (12,551 ) (17,051 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Boisdale Build Limited (Registered number: SC429798)

Balance Sheet - continued
31 August 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2024 and were signed by:





Roderick G MacInnes - Director


Boisdale Build Limited (Registered number: SC429798)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Boisdale Build Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Shed - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Boisdale Build Limited (Registered number: SC429798)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Grant income
Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
Shed machinery vehicles Totals
£    £    £    £   
COST
At 1 September 2022
and 31 August 2023 17,678 46,584 29,135 93,397
DEPRECIATION
At 1 September 2022 1,494 15,274 18,381 35,149
Charge for year 354 7,362 2,688 10,404
At 31 August 2023 1,848 22,636 21,069 45,553
NET BOOK VALUE
At 31 August 2023 15,830 23,948 8,066 47,844
At 31 August 2022 16,184 31,310 10,754 58,248

Boisdale Build Limited (Registered number: SC429798)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2022
and 31 August 2023 23,750 23,915 47,665
DEPRECIATION
At 1 September 2022 2,800 13,826 16,626
Charge for year 5,238 2,522 7,760
At 31 August 2023 8,038 16,348 24,386
NET BOOK VALUE
At 31 August 2023 15,712 7,567 23,279
At 31 August 2022 20,950 10,089 31,039

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,600 4,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,900 8,280
Hire purchase contracts 6,454 8,420
Taxation and social security 200 472
Other creditors 39,467 30,212
49,021 47,384

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 6,676 14,471
Hire purchase contracts 10,173 16,627
16,849 31,098

Boisdale Build Limited (Registered number: SC429798)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 9,576 22,751
Hire purchase contracts 16,627 25,047
26,203 47,798

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 7,382

Deferred
tax
£   
Balance at 1 September 2022 7,382
Credit to Statement of Income and Retained Earnings during year (7,382 )
Balance at 31 August 2023 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100