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REGISTERED NUMBER: 03276765 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

BOE INFORMATION SYSTEMS LIMITED

BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOE INFORMATION SYSTEMS LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: A C Harrison
P Calver
S Hill
O Smart





REGISTERED OFFICE: 2 Chalkhill House
19 Rosary Road
Norwich
NR1 1SZ





REGISTERED NUMBER: 03276765 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,904 10,080

CURRENT ASSETS
Debtors 5 44,670 40,763
Cash at bank 253,128 286,585
297,798 327,348
CREDITORS
Amounts falling due within one year 6 261,644 237,676
NET CURRENT ASSETS 36,154 89,672
TOTAL ASSETS LESS CURRENT LIABILITIES 43,058 99,752

PROVISIONS FOR LIABILITIES 1,726 -
NET ASSETS 41,332 99,752

CAPITAL AND RESERVES
Called up share capital 7 120 120
Retained earnings 41,212 99,632
SHAREHOLDERS' FUNDS 41,332 99,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Balance Sheet - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





S Hill - Director


BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

BOE Information Systems 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.

The directors have concluded that the company is and remains a going concern based on current and perspective performance.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 60,121
Additions 553
At 31 March 2024 60,674
DEPRECIATION
At 1 April 2023 50,041
Charge for year 3,729
At 31 March 2024 53,770
NET BOOK VALUE
At 31 March 2024 6,904
At 31 March 2023 10,080

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,220 37,484
Other debtors 8,450 3,279
44,670 40,763

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 499
Amounts owed to group undertakings 35,801 39,838
Taxation and social security 56,106 71,625
Other creditors 169,737 125,714
261,644 237,676

BOE INFORMATION SYSTEMS LIMITED (REGISTERED NUMBER: 03276765)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
12,000 Ordinary £0.01 120 120

8. ULTIMATE CONTROLLING PARTY

The company is 80% owned by LOOPD Software Ltd, which is equally owned by the four directors.