Registered number
03995800
BOA Style Limited
Filleted Accounts
31 January 2024
BOA Style Limited
Registered number: 03995800
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 4 - -
Tangible assets 3 1,497 1,761
Investments 6 - -
1,497 1,761
Current assets
Stocks - 744
Debtors 4 16,500 19,730
Investments held as current assets 8 - -
Cash at bank and in hand 19 3
16,519 20,477
Creditors: amounts falling due within one year 5 (32,050) (31,269)
Net current liabilities (15,531) (10,792)
Total assets less current liabilities (14,034) (9,031)
Creditors: amounts falling due after more than one year 6 (1,616,485) (1,622,362)
Provisions for liabilities - -
Net liabilities (1,630,519) (1,631,393)
Capital and reserves
Called up share capital 500 500
Share premium - -
Revaluation reserve 12 - -
Profit and loss account (1,631,019) (1,631,893)
Shareholders' funds (1,630,519) (1,631,393)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Brian Michael Alexander
Director
Approved by the board on 27 October 2024
BOA Style Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the fair value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings 10% Reducing Balance
Plant and machinery 15% Reducing Balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 February 2023 - 191,603 - 191,603
Additions - - - -
Surplus on revaluation - - - -
Disposals - - - -
At 31 January 2024 - 191,603 - 191,603
Depreciation
At 1 February 2023 - 189,842 - 189,842
Charge for the year - 264 - 264
Surplus on revaluation - - - -
On disposals - - - -
At 31 January 2024 - 190,106 - 190,106
Net book value
At 31 January 2024 - 1,497 - 1,497
At 31 January 2023 - 1,761 - 1,761
Freehold land and buildings: 2024 2023
£ £
Historical cost - -
Cumulative depreciation based on historical cost - -
- -
4 Debtors 2024 2023
£ £
Trade debtors - 3,226
Amounts owed by group undertakings and undertakings in which the company has a participating interest - -
Deferred tax asset - -
Other debtors 16,500 16,504
16,500 19,730
Amounts due after more than one year included above - -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Non-equity preference shares - -
Bank loans and overdrafts - -
Obligations under finance lease and hire purchase contracts - -
Trade creditors - 1,577
Amounts owed to group undertakings and undertakings in which the company has a participating interest 32,050 29,692
Taxation and social security costs - -
Other creditors - -
32,050 31,269
6 Creditors: amounts falling due after one year 2024 2023
£ £
Non-equity preference shares - -
Bank loans - -
Obligations under finance lease and hire purchase contracts - -
Trade creditors - -
Amounts owed to group undertakings and undertakings in which the company has a participating interest - -
Other creditors 1,616,485 1,622,362
1,616,485 1,622,362
7 Events after the reporting date
There have been no significant events for the company since the balance sheet date.
8 Contingent liabilities
There are no contingent liabilities at the date of the balance sheet
9 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
There were no loans to the director at any time during the year
10 Guarantees made by the company on behalf of directors
Main terms Maximum Amount paid
liability and incurred
£ £
No Guarantees were given on behalf of the director during the year
11 Related party transactions
BOA UK Ltd
Deemed related for Corporation Tax purposes only
At the balance sheet date, the listed amount was due from/(to) BOA (UK) Ltd (32,050) (29,692)
12 Controlling party
The company is controlled by the director who owns 100% of the called up share capital
13 Other information
BOA Style Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 33
Branbridges Industrial Estate
East Peckham
Tonbridge Kent
TN12 5HF
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