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REGISTERED NUMBER: 03667448 (England and Wales)














Boston Van Hire Limited

Unaudited Financial Statements

for the Year Ended 30 April 2024






Boston Van Hire Limited (Registered number: 03667448)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Boston Van Hire Limited

Company Information
for the Year Ended 30 April 2024







Directors: V Dent
Mrs R Dent





Registered office: 115 High Street
Boston
Lincolnshire
PE21 8TG





Registered number: 03667448 (England and Wales)





Accountants: Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Boston Van Hire Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boston Van Hire Limited for the year ended 30 April 2024 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Boston Van Hire Limited, as a body, in accordance with the terms of our engagement letter dated 22 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Boston Van Hire Limited and state those matters that we have agreed to state to the Board of Directors of Boston Van Hire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boston Van Hire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Boston Van Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Boston Van Hire Limited. You consider that Boston Van Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Boston Van Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA


18 November 2024

Boston Van Hire Limited (Registered number: 03667448)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 125,802 8,185

Current assets
Stocks 350,450 463,250
Debtors 6 286,862 244,712
Cash at bank 80,506 128,541
717,818 836,503
Creditors
Amounts falling due within one year 7 84,320 120,818
Net current assets 633,498 715,685
Total assets less current liabilities 759,300 723,870

Creditors
Amounts falling due after more than one
year

8

(11,667

)

(22,435

)

Provisions for liabilities (31,450 ) (2,046 )
Net assets 716,183 699,389

Capital and reserves
Called up share capital 10 100 100
Retained earnings 716,083 699,289
Shareholders' funds 716,183 699,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Boston Van Hire Limited (Registered number: 03667448)

Statement of Financial Position - continued
30 April 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 Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by:





V Dent - Director


Boston Van Hire Limited (Registered number: 03667448)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. Statutory information

Boston Van Hire 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.
Plant and machinery - 15% reducing balance
Office equipment - 15% reducing balance

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Boston Van Hire Limited (Registered number: 03667448)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 11 (2023 - 12 ) .

5. Tangible fixed assets
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 May 2023 34,885 - 3,312 38,197
Additions 39,681 105,737 604 146,022
At 30 April 2024 74,566 105,737 3,916 184,219
Depreciation
At 1 May 2023 27,347 - 2,665 30,012
Charge for year 7,071 21,147 187 28,405
At 30 April 2024 34,418 21,147 2,852 58,417
Net book value
At 30 April 2024 40,148 84,590 1,064 125,802
At 30 April 2023 7,538 - 647 8,185

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 130,749 132,382
Amounts owed by group undertakings 117,772 56,772
Other debtors 38,341 55,558
286,862 244,712

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 10,000 9,952
Trade creditors 14,957 23,124
Taxation and social security 44,206 63,441
Other creditors 15,157 24,301
84,320 120,818

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 11,667 22,435

Boston Van Hire Limited (Registered number: 03667448)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


9. Secured debts

The bank overdraft is secured by a charge in favour of HSBC Bank plc on the company's tangible fixed assets and book debts.

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

11. Related party disclosures

During the year the company was owed £117,772 (2023: £56,772) from Vaughan Dent Developments Ltd, on interest free terms.

The company and Vaughan Dent Developments Ltd are controlled by the same individuals.