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REGISTERED NUMBER: 08538270 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Boothe Investments Limited

Boothe Investments Limited (Registered number: 08538270)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Boothe Investments Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr C L Boothe
Mrs J L Boothe
Mr A L Boothe





REGISTERED OFFICE: 157 Redland Road
Redland
Bristol
BS6 6YE





REGISTERED NUMBER: 08538270 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Brunel House
11 The Promenade
Clifton Down
Bristol
BS8 3NG

Boothe Investments Limited (Registered number: 08538270)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,719 2,513
Investment property 5 367,784 367,784
369,503 370,297

CURRENT ASSETS
Debtors 6 338 338
Cash at bank 306 781
644 1,119
CREDITORS
Amounts falling due within one year 7 368,656 371,163
NET CURRENT LIABILITIES (368,012 ) (370,044 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,491

253

PROVISIONS FOR LIABILITIES 327 503
NET ASSETS/(LIABILITIES) 1,164 (250 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,064 (350 )
SHAREHOLDERS' FUNDS 1,164 (250 )

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

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

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 6 November 2024 and were signed on its behalf by:



Mr C L Boothe - Director


Boothe Investments Limited (Registered number: 08538270)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Boothe Investments 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.

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 - 15% on reducing balance basis
Computer equipment - 33.33% on reducing balance basis

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

Boothe Investments Limited (Registered number: 08538270)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 864 6,294 7,158
DEPRECIATION
At 1 June 2023 621 4,024 4,645
Charge for year 37 757 794
At 31 May 2024 658 4,781 5,439
NET BOOK VALUE
At 31 May 2024 206 1,513 1,719
At 31 May 2023 243 2,270 2,513

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 367,784
NET BOOK VALUE
At 31 May 2024 367,784
At 31 May 2023 367,784

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 338 338

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 1,158 713
Directors' loan accounts 366,453 369,493
Accrued expenses 1,045 957
368,656 371,163