Company Registration No. 13703108 (England and Wales)
BOXWOOD KITCHENS LTD
Unaudited accounts
for the year ended 31 March 2024
BOXWOOD KITCHENS LTD
Unaudited accounts
Contents
BOXWOOD KITCHENS LTD
Company Information
for the year ended 31 March 2024
Directors
WANN, Samantha
WANN, Timothy Edward
Company Number
13703108 (England and Wales)
Registered Office
64 BRIZE NORTON ROAD
MINSTER LOVELL
WITNEY
OX29 0RY
ENGLAND
BOXWOOD KITCHENS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
83,912
102,110
Cash at bank and in hand
2,203
6,979
Creditors: amounts falling due within one year
(48,654)
(95,517)
Net current assets/(liabilities)
1,656
(19,721)
Total assets less current liabilities
85,568
82,389
Creditors: amounts falling due after more than one year
(102,130)
(75,743)
Net (liabilities)/assets
(16,562)
6,646
Called up share capital
1
1
Profit and loss account
(16,563)
6,645
Shareholders' funds
(16,562)
6,646
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2024 and were signed on its behalf by
WANN, Timothy Edward
Director
Company Registration No. 13703108
BOXWOOD KITCHENS LTD
Notes to the Accounts
for the year ended 31 March 2024
BOXWOOD KITCHENS LTD is a private company, limited by shares, registered in England and Wales, registration number 13703108. The registered office is 64 BRIZE NORTON ROAD, MINSTER LOVELL, WITNEY, OX29 0RY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Reducing Balance
BOXWOOD KITCHENS LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
6,835
15,208
83,621
1,808
107,472
Additions
602
-
7,064
-
7,666
At 31 March 2024
7,437
15,208
90,685
1,808
115,138
At 1 April 2023
946
3,802
-
614
5,362
Charge for the year
1,509
2,852
21,109
394
25,864
At 31 March 2024
2,455
6,654
21,109
1,008
31,226
At 31 March 2024
4,982
8,554
69,576
800
83,912
At 31 March 2023
5,889
11,406
83,621
1,194
102,110
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,287
21,562
Deferred income
40,028
66,538
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
89,976
65,743
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).