Company registration number 06618605 (England and Wales)
Boarshaw Woods Ltd
Annual Report and
Unaudited Financial Statements
for the year ended 31 March 2024
PAGES FOR FILING WITH REGISTRAR
Boarshaw Woods Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Boarshaw Woods Ltd
Statement of financial position
as at 31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
24,742
26,073
Current assets
Debtors
62,451
69,762
Cash at bank and in hand
595
595
63,046
70,357
Creditors: amounts falling due within one year
(34,008)
(25,108)
Net current assets
29,038
45,249
Total assets less current liabilities
53,780
71,322
Creditors: amounts falling due after more than one year
(28,798)
(35,483)
Net assets
24,982
35,839
Capital and reserves
Called up share capital
4
900
900
Revaluation reserve
5
20,653
20,653
Profit and loss reserves
3,429
14,286
Total equity
24,982
35,839
Boarshaw Woods Ltd
Statement of financial position (continued)
as at 31 March 2024
- 2 -
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 December 2024 and are signed on its behalf by:
T A Chambers
Director
Company Registration No. 06618605
Boarshaw Woods Ltd
Notes to the financial statements
for the year ended 31 March 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities. Turnover is recognised at the point of sale when the goods are provided to the customer.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Furniture for hire
6-12% straight line
Plant and machinery
5-10% straight line
China cutlery and glassware
12% straight line
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
Boarshaw Woods Ltd
Notes to the financial statements (continued)
for the year ended 31 March 2024
- 4 -
3
Tangible fixed assets
Furniture for hire
Plant and machinery
China cutlery and glassware
Total
£
£
£
£
Cost
At 1 April 2023
21,508
44,770
49,539
115,817
Additions
918
918
At 31 March 2024
21,508
45,688
49,539
116,735
Depreciation and impairment
At 1 April 2023
12,389
32,819
44,536
89,744
Depreciation charged in the year
763
1,066
420
2,249
At 31 March 2024
13,152
33,885
44,956
91,993
Carrying amount
At 31 March 2024
8,356
11,803
4,583
24,742
At 31 March 2023
9,119
11,951
5,003
26,073
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £10 each
90
90
900
900
5
Revaluation reserve
2024
2023
£
£
At the beginning and end of the year
20,653
20,653
6
Company information
Boarshaw Woods Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 8, St Modwen Road, Stretford, Manchester, Lancashire, M32 0ZF.