IRIS Accounts Production v24.2.0.383 04541459 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045414592022-12-31045414592023-12-31045414592023-01-012023-12-31045414592021-12-31045414592022-01-012022-12-31045414592022-12-3104541459ns15:EnglandWales2023-01-012023-12-3104541459ns14:PoundSterling2023-01-012023-12-3104541459ns10:Director12023-01-012023-12-3104541459ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104541459ns10:SmallEntities2023-01-012023-12-3104541459ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104541459ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104541459ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104541459ns10:FullAccounts2023-01-012023-12-3104541459ns10:Director22023-01-012023-12-3104541459ns10:RegisteredOffice2023-01-012023-12-3104541459ns5:CurrentFinancialInstruments2023-12-3104541459ns5:CurrentFinancialInstruments2022-12-3104541459ns5:Non-currentFinancialInstruments2023-12-3104541459ns5:Non-currentFinancialInstruments2022-12-3104541459ns5:ShareCapital2023-12-3104541459ns5:ShareCapital2022-12-3104541459ns5:RetainedEarningsAccumulatedLosses2023-12-3104541459ns5:RetainedEarningsAccumulatedLosses2022-12-3104541459ns5:PlantMachinery2023-01-012023-12-3104541459ns5:PlantMachinery2022-12-3104541459ns5:PlantMachinery2023-12-3104541459ns5:PlantMachinery2022-12-3104541459ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3104541459ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3104541459ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3104541459ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-3104541459ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104541459ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 04541459 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

DRAYTON BOILER SERVICES LIMITED

DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DRAYTON BOILER SERVICES LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A J Drayton
S M Drayton





REGISTERED OFFICE: London Road
Binfield
Bracknell
Berkshire
RG42 4AA





REGISTERED NUMBER: 04541459 (England and Wales)





ACCOUNTANTS: B20 Limited
Chartered Certified Accountants
Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP

DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 122,369 72,694

CURRENT ASSETS
Stocks 11,125 19,925
Debtors 5 24,339 30,001
Cash at bank 80,753 172,383
116,217 222,309
CREDITORS
Amounts falling due within one year 6 (125,425 ) (193,177 )
NET CURRENT (LIABILITIES)/ASSETS (9,208 ) 29,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,161

101,826

CREDITORS
Amounts falling due after more than one year 7 (94,213 ) (73,964 )
NET ASSETS 18,948 27,862

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,848 27,762
SHAREHOLDERS' FUNDS 18,948 27,862

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

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

DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





A J Drayton - Director


DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)

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

1. STATUTORY INFORMATION

DRAYTON BOILER SERVICES 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.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities, stated net of discount and sales taxes.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

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.
Plant and machinery etc - 25% on reducing balance

Tangible assets are stated in the balance sheet at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

At each reporting date stocks are assessed for impairment.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans from banks and to and from related parties

Financial assets are assessed at the end of each reporting period for objective evidence of impairment. If evidence of impairment is found an impairment loss is recognised in the profit and loss account.

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.

DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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.

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

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases.

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 14 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 220,328
Additions 67,847
At 31 December 2023 288,175
DEPRECIATION
At 1 January 2023 147,634
Charge for year 18,172
At 31 December 2023 165,806
NET BOOK VALUE
At 31 December 2023 122,369
At 31 December 2022 72,694

DRAYTON BOILER SERVICES LIMITED (REGISTERED NUMBER: 04541459)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 71,070
Additions 67,847
At 31 December 2023 138,917
DEPRECIATION
At 1 January 2023 17,768
Charge for year 13,325
At 31 December 2023 31,093
NET BOOK VALUE
At 31 December 2023 107,824
At 31 December 2022 53,302

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 23,839 29,501
Other debtors 500 500
24,339 30,001

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 20,034 10,000
Trade creditors 49,860 132,044
Taxation and social security 53,796 50,737
Other creditors 1,735 396
125,425 193,177

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 24,913 34,798
Hire purchase contracts 69,300 39,166
94,213 73,964