Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00211710 2023-04-01 2024-03-31 00211710 2022-04-01 2023-03-31 00211710 2024-03-31 00211710 2023-03-31 00211710 c:Director2 2023-04-01 2024-03-31 00211710 c:Director3 2023-04-01 2024-03-31 00211710 c:RegisteredOffice 2023-04-01 2024-03-31 00211710 c:Agent1 2023-04-01 2024-03-31 00211710 d:Buildings 2023-04-01 2024-03-31 00211710 d:Buildings 2024-03-31 00211710 d:Buildings 2023-03-31 00211710 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00211710 d:PlantMachinery 2023-04-01 2024-03-31 00211710 d:PlantMachinery 2024-03-31 00211710 d:PlantMachinery 2023-03-31 00211710 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00211710 d:MotorVehicles 2023-04-01 2024-03-31 00211710 d:MotorVehicles 2024-03-31 00211710 d:MotorVehicles 2023-03-31 00211710 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00211710 d:FurnitureFittings 2023-04-01 2024-03-31 00211710 d:OfficeEquipment 2023-04-01 2024-03-31 00211710 d:OfficeEquipment 2024-03-31 00211710 d:OfficeEquipment 2023-03-31 00211710 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00211710 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 00211710 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00211710 d:CurrentFinancialInstruments 2024-03-31 00211710 d:CurrentFinancialInstruments 2023-03-31 00211710 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00211710 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00211710 d:ShareCapital 2024-03-31 00211710 d:ShareCapital 2023-03-31 00211710 d:CapitalRedemptionReserve 2024-03-31 00211710 d:CapitalRedemptionReserve 2023-03-31 00211710 d:OtherMiscellaneousReserve 2024-03-31 00211710 d:OtherMiscellaneousReserve 2023-03-31 00211710 d:RetainedEarningsAccumulatedLosses 2024-03-31 00211710 d:RetainedEarningsAccumulatedLosses 2023-03-31 00211710 c:FRS102 2023-04-01 2024-03-31 00211710 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00211710 c:FullAccounts 2023-04-01 2024-03-31 00211710 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00211710 6 2023-04-01 2024-03-31 00211710 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 00211710







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


WILLIAM BOYER & SONS LIMITED






































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WILLIAM BOYER & SONS LIMITED
 


 
COMPANY INFORMATION


Directors
Mrs P J Boyer 
Mrs M J Taylor 




Registered number
00211710



Registered office
William Boyer & Sons Limited
Trout Road

West Drayton

Middlesex

UB7 7SN




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP




Bankers
Barclays Bank Plc
2 High Street

Yiewsley

West Drayton

Middlesex

UB7 7DH





 


WILLIAM BOYER & SONS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 8


 


WILLIAM BOYER & SONS LIMITED
REGISTERED NUMBER:00211710



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
456,240
409,350

Investments
 5 
10,935,541
10,955,697

  
11,391,781
11,365,047

Current assets
  

Debtors: amounts falling due within one year
 6 
432,299
330,666

Cash at bank and in hand
  
3,002,850
3,351,323

  
3,435,149
3,681,989

Creditors: amounts falling due within one year
 7 
(112,182)
(59,914)

Net current assets
  
 
 
3,322,967
 
 
3,622,075

Total assets less current liabilities
  
14,714,748
14,987,122

Provisions for liabilities
  

Deferred tax
  
(2,042,995)
(2,042,995)

  
 
 
(2,042,995)
 
 
(2,042,995)

Net assets
  
12,671,753
12,944,127


Capital and reserves
  

Called up share capital 
  
8,100
8,100

Capital redemption reserve
  
900
900

Other reserves
  
120,000
120,000

Profit and loss account
  
12,542,753
12,815,127

  
12,671,753
12,944,127


Page 1

 


WILLIAM BOYER & SONS LIMITED
REGISTERED NUMBER:00211710


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mrs M J Taylor
Director
Date: 27 November 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 


WILLIAM BOYER & SONS LIMITED
 


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

1.


General information

William Boyer & Sons Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to
the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Turnover

The turnover shown in the statement of income and retained earnings represents amounts receivable for the sale of development land and properties which were contractually completed during the year in the normal course of business, net of VAT and other sales related taxes.
Other income relates to rent and listed investment income receivable. Rental income is recognised when the company is entitled to receive income based on the contractual agreement in force,

 
2.3

Exemption from preparing consolidated financial statements

The company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.4

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Page 3

 


WILLIAM BOYER & SONS LIMITED
 


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

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 


WILLIAM BOYER & SONS LIMITED
 


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

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Nil
Plant and machinery
-
10% Reducing Balance and 15 Years Straight Line
Motor vehicles
-
25% Reducing Balance
Fixtures and fittings
-
10% Reducing Balance
Caravans
-
10% Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

The depreciable value of the freehold property is £nil because the estimated amount that the entity would expect to obtain from the disposal of the assets, if the properties were already of the age and in the condition expected at the end of its useful economic life, is in excess of the current carrying value. As such no depreciation charge is included within the financial statements.
No depreciation is charged on the Fish stock as the future residual value is expected to be at least the current cost, as shown in the accounts.

 
2.8

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.9

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 5

 


WILLIAM BOYER & SONS LIMITED
 


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

2.Accounting policies (continued)

 
2.10

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.11

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all
of its financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 6

 


WILLIAM BOYER & SONS LIMITED
 


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

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fish stock
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
191,081
260,525
35,888
125,000
612,494


Additions
-
66,944
-
-
66,944


Disposals
-
(14,085)
-
-
(14,085)



At 31 March 2024

191,081
313,384
35,888
125,000
665,353



Depreciation


At 1 April 2023
-
168,759
34,385
-
203,144


Charge for the year on owned assets
-
12,942
376
-
13,318


Disposals
-
(7,349)
-
-
(7,349)



At 31 March 2024

-
174,352
34,761
-
209,113



Net book value



At 31 March 2024
191,081
139,032
1,127
125,000
456,240



At 31 March 2023
191,081
91,766
1,503
125,000
409,350


5.


Fixed asset investments





Listed investments
Unlisted investments
Investment Properties
Total

£
£
£
£



Cost or valuation


At 1 April 2023
404,346
1
10,551,350
10,955,697


Additions
334
-
-
334


Disposals
(28,005)
-
-
(28,005)


Revaluations
7,515
-
-
7,515



At 31 March 2024
384,190
1
10,551,350
10,935,541




Page 7

 


WILLIAM BOYER & SONS LIMITED
 


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

6.


Debtors

2024
2023
£
£


Trade debtors
84,413
43,803

Other debtors
288,412
209,061

Prepayments and accrued income
59,474
77,802

432,299
330,666



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
34,755
33,492

Other taxation and social security
2,803
4,968

Other creditors
10,516
10,549

Accruals and deferred income
64,108
10,905

112,182
59,914


 
Page 8