Company Registration No. 06025093 (England and Wales)
Boulton Property Investment Limited
Unaudited accounts
for the year ended 31 December 2023
Boulton Property Investment Limited
Unaudited accounts
Contents
Boulton Property Investment Limited
Company Information
for the year ended 31 December 2023
Directors
David Boulton
Charlotte Boulton
Company Number
06025093 (England and Wales)
Registered Office
Unit A Ripley Drive
Ripley Drive
Normanton
Wakefield
West Yorkshire
WF6 1QT
United Kingdom
Boulton Property Investment Limited
Statement of financial position
as at 31 December 2023
Investment property
3,470,474
3,470,474
Cash at bank and in hand
(48,092)
8,703
Creditors: amounts falling due within one year
(2,146,883)
(905,529)
Net current liabilities
(1,792,884)
(469,227)
Total assets less current liabilities
1,677,590
3,001,247
Creditors: amounts falling due after more than one year
(488,785)
(1,848,661)
Provisions for liabilities
Deferred tax
(232,127)
(232,127)
Net assets
956,678
920,459
Called up share capital
1
1
Revaluation reserve
810,063
810,063
Profit and loss account
146,614
110,395
Shareholders' funds
956,678
920,459
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by
David Boulton
Director
Company Registration No. 06025093
Boulton Property Investment Limited
Notes to the Accounts
for the year ended 31 December 2023
Boulton Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 06025093. The registered office is Unit A Ripley Drive, Ripley Drive, Normanton, Wakefield, West Yorkshire, WF6 1QT, United Kingdom.
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Fair value at 1 January 2023
3,470,474
At 31 December 2023
3,470,474
Boulton Property Investment Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
402,531
428,039
Accrued income and prepayments
(440)
(440)
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,082
38,522
Amounts owed to group undertakings and other participating interests
2,077,391
951,875
Taxes and social security
5,835
14,817
Loans from directors
15,269
(146,694)
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
488,785
1,848,661
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).