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REGISTERED NUMBER: 07125972 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

BOLE CONSTRUCTION LIMITED

BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOLE CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: P Bole





REGISTERED OFFICE: White Hart House
Silwood Road
Ascot
Berkshire
SL5 0PY





REGISTERED NUMBER: 07125972 (England and Wales)





ACCOUNTANTS: Wentworths & Associates Limited
White Hart House
Silwood Road
Ascot
Berkshire
SL5 0PY

BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,800 55,655

CURRENT ASSETS
Stocks 5 148,010 59,810
Debtors 6 33,953 76,707
Cash at bank 258,953 57,044
440,916 193,561
CREDITORS
Amounts falling due within one year 7 298,995 144,959
NET CURRENT ASSETS 141,921 48,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,721

104,257

CREDITORS
Amounts falling due after more than one
year

8

57,664

33,481
NET ASSETS 157,057 70,776

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 157,055 70,774
SHAREHOLDERS' FUNDS 157,057 70,776

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

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

BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)

BALANCE SHEET - continued
31 JANUARY 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 director and authorised for issue on 16 September 2024 and were signed by:





P Bole - Director


BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Bole Construction 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 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.
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 95,709 3,250 98,959
Additions 39,995 1,415 41,410
At 31 January 2024 135,704 4,665 140,369
DEPRECIATION
At 1 February 2023 42,491 813 43,304
Charge for year 23,303 962 24,265
At 31 January 2024 65,794 1,775 67,569
NET BOOK VALUE
At 31 January 2024 69,910 2,890 72,800
At 31 January 2023 53,218 2,437 55,655

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 February 2023 48,049
Additions 39,995
At 31 January 2024 88,044
DEPRECIATION
Charge for year 12,012
At 31 January 2024 12,012
NET BOOK VALUE
At 31 January 2024 76,032
At 31 January 2023 48,049

5. STOCKS
2024 2023
£    £   
Work-in-progress 148,010 59,810

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 74,575
Other debtors 33,953 2,132
33,953 76,707

BOLE CONSTRUCTION LIMITED (REGISTERED NUMBER: 07125972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,161 6,397
Hire purchase contracts 6,796 3,800
Trade creditors 205,909 83,124
Taxation and social security 64,866 38,388
Other creditors 15,263 13,250
298,995 144,959

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,175 13,603
Hire purchase contracts 49,489 19,878
57,664 33,481