2023-10-012024-09-302024-09-30false05464047BOSTON DIRECT MANAGEMENT UK LTD2024-11-25iso4217:GBPxbrli:pure054640472023-10-01054640472024-09-30054640472023-10-012024-09-30054640472022-10-01054640472023-09-30054640472022-10-012023-09-3005464047bus:SmallEntities2023-10-012024-09-3005464047bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3005464047bus:FullAccounts2023-10-012024-09-3005464047bus:PrivateLimitedCompanyLtd2023-10-012024-09-3005464047core:WithinOneYear2024-09-3005464047core:AfterOneYear2024-09-3005464047core:WithinOneYear2023-09-3005464047core:AfterOneYear2023-09-3005464047core:ShareCapital2024-09-3005464047core:SharePremium2024-09-3005464047core:RevaluationReserve2024-09-3005464047core:OtherReservesSubtotal2024-09-3005464047core:RetainedEarningsAccumulatedLosses2024-09-3005464047core:ShareCapital2023-09-3005464047core:SharePremium2023-09-3005464047core:RevaluationReserve2023-09-3005464047core:OtherReservesSubtotal2023-09-3005464047core:RetainedEarningsAccumulatedLosses2023-09-3005464047core:LandBuildings2024-09-3005464047core:PlantMachinery2024-09-3005464047core:Vehicles2024-09-3005464047core:FurnitureFittings2024-09-3005464047core:OfficeEquipment2024-09-3005464047core:NetGoodwill2024-09-3005464047core:IntangibleAssetsOtherThanGoodwill2024-09-3005464047core:ListedExchangeTraded2024-09-3005464047core:UnlistedNon-exchangeTraded2024-09-3005464047core:LandBuildings2023-09-3005464047core:PlantMachinery2023-09-3005464047core:Vehicles2023-09-3005464047core:FurnitureFittings2023-09-3005464047core:OfficeEquipment2023-09-3005464047core:NetGoodwill2023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-09-3005464047core:ListedExchangeTraded2023-09-3005464047core:UnlistedNon-exchangeTraded2023-09-3005464047core:LandBuildings2023-10-012024-09-3005464047core:PlantMachinery2023-10-012024-09-3005464047core:Vehicles2023-10-012024-09-3005464047core:FurnitureFittings2023-10-012024-09-3005464047core:OfficeEquipment2023-10-012024-09-3005464047core:NetGoodwill2023-10-012024-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3005464047core:ListedExchangeTraded2023-10-012024-09-3005464047core:UnlistedNon-exchangeTraded2023-10-012024-09-3005464047core:MoreThanFiveYears2023-10-012024-09-3005464047core:Non-currentFinancialInstruments2024-09-3005464047core:Non-currentFinancialInstruments2023-09-3005464047dpl:CostSales2023-10-012024-09-3005464047dpl:DistributionCosts2023-10-012024-09-3005464047core:LandBuildings2023-10-012024-09-3005464047core:PlantMachinery2023-10-012024-09-3005464047core:Vehicles2023-10-012024-09-3005464047core:FurnitureFittings2023-10-012024-09-3005464047core:OfficeEquipment2023-10-012024-09-3005464047dpl:AdministrativeExpenses2023-10-012024-09-3005464047core:NetGoodwill2023-10-012024-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3005464047dpl:GroupUndertakings2023-10-012024-09-3005464047dpl:ParticipatingInterests2023-10-012024-09-3005464047dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3005464047core:ListedExchangeTraded2023-10-012024-09-3005464047dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3005464047core:UnlistedNon-exchangeTraded2023-10-012024-09-3005464047dpl:CostSales2022-10-012023-09-3005464047dpl:DistributionCosts2022-10-012023-09-3005464047core:LandBuildings2022-10-012023-09-3005464047core:PlantMachinery2022-10-012023-09-3005464047core:Vehicles2022-10-012023-09-3005464047core:FurnitureFittings2022-10-012023-09-3005464047core:OfficeEquipment2022-10-012023-09-3005464047dpl:AdministrativeExpenses2022-10-012023-09-3005464047core:NetGoodwill2022-10-012023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3005464047dpl:GroupUndertakings2022-10-012023-09-3005464047dpl:ParticipatingInterests2022-10-012023-09-3005464047dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3005464047core:ListedExchangeTraded2022-10-012023-09-3005464047dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3005464047core:UnlistedNon-exchangeTraded2022-10-012023-09-3005464047core:NetGoodwill2024-09-3005464047core:IntangibleAssetsOtherThanGoodwill2024-09-3005464047core:LandBuildings2024-09-3005464047core:PlantMachinery2024-09-3005464047core:Vehicles2024-09-3005464047core:FurnitureFittings2024-09-3005464047core:OfficeEquipment2024-09-3005464047core:AfterOneYear2024-09-3005464047core:WithinOneYear2024-09-3005464047core:ListedExchangeTraded2024-09-3005464047core:UnlistedNon-exchangeTraded2024-09-3005464047core:ShareCapital2024-09-3005464047core:SharePremium2024-09-3005464047core:RevaluationReserve2024-09-3005464047core:OtherReservesSubtotal2024-09-3005464047core:RetainedEarningsAccumulatedLosses2024-09-3005464047core:NetGoodwill2023-09-3005464047core:IntangibleAssetsOtherThanGoodwill2023-09-3005464047core:LandBuildings2023-09-3005464047core:PlantMachinery2023-09-3005464047core:Vehicles2023-09-3005464047core:FurnitureFittings2023-09-3005464047core:OfficeEquipment2023-09-3005464047core:AfterOneYear2023-09-3005464047core:WithinOneYear2023-09-3005464047core:ListedExchange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BOSTON DIRECT MANAGEMENT UK LTD

Registered Number
05464047
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

BOSTON DIRECT MANAGEMENT UK LTD
Company Information
for the year from 1 October 2023 to 30 September 2024

Director

Mr J M Vincent

Registered Address

Yew Tree Farm
Eagle Barnsdale
Lincoln
LN6 9EA

Registered Number

05464047 (England and Wales)
BOSTON DIRECT MANAGEMENT UK LTD
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3705881
Investments41-
706881
Current assets
Debtors512,10018,390
Cash at bank and on hand60,29558,767
72,39577,157
Creditors amounts falling due within one year6(10,958)(26,801)
Net current assets (liabilities)61,43750,356
Total assets less current liabilities62,14351,237
Provisions for liabilities7(134)(173)
Net assets62,00951,064
Capital and reserves
Called up share capital102102
Profit and loss account61,90750,962
Shareholders' funds62,00951,064
The financial statements were approved and authorised for issue by the Director on 25 November 2024, and are signed on its behalf by:
Mr J M Vincent
Director
Registered Company No. 05464047
BOSTON DIRECT MANAGEMENT UK LTD
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
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).
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment20
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Trade and other 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.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other 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.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 October 237,0987,098
At 30 September 247,0987,098
Depreciation and impairment
At 01 October 236,2176,217
Charge for year176176
At 30 September 246,3936,393
Net book value
At 30 September 24705705
At 30 September 23881881
4.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
Additions11
At 30 September 2411
Net book value
At 30 September 2411
At 30 September 23--

Notes

1Investments in group undertakings and participating interests
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables53-
Other debtors5,55613,748
Prepayments and accrued income6,4914,642
Total12,10018,390
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2514,717
Taxation and social security9,06510,336
Accrued liabilities and deferred income1,8681,748
Total10,95826,801
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)134173
Total134173
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Mr J M Vincent13,74918,66426,8575,556
13,74918,66426,8575,556
The comparative data for Mr J M Vincent overdrawn directors loan account was Brought forward at 1st October 2022 £25621 Amounts advanced £22900 Amounts repaid £34772 Balance carried forward at 30th September 2023 £13749 This loan is unsecured and repayable on demand with interest charged at the official rate.