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REGISTERED NUMBER: 00998730 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Boundary Group Limited

Boundary Group Limited (Registered number: 00998730)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Boundary Group Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J Rimmer
R Rimmer
S Rimmer





SECRETARY: R F Rimmer





REGISTERED OFFICE: Hammond Road
Knowsley Industrial Estate North
Liverpool
Merseyside
L33 7UL





REGISTERED NUMBER: 00998730 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Boundary Group Limited (Registered number: 00998730)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,631,592 3,579,218

CURRENT ASSETS
Debtors 5 1,874,884 1,280,953
Cash at bank 11,105 -
1,885,989 1,280,953
CREDITORS
Amounts falling due within one year 6 3,104,818 2,705,477
NET CURRENT LIABILITIES (1,218,829 ) (1,424,524 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,412,763

2,154,694

CREDITORS
Amounts falling due after more than one
year

7

(1,429,337

)

(1,369,346

)

PROVISIONS FOR LIABILITIES (15,997 ) (15,997 )
NET ASSETS 967,429 769,351

CAPITAL AND RESERVES
Called up share capital 22,504 22,504
Share premium 11,082 11,082
Capital redemption reserve 7,500 7,500
Retained earnings 926,343 728,265
967,429 769,351

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

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

Boundary Group Limited (Registered number: 00998730)

Balance Sheet - continued
30 September 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 12 March 2025 and were signed on its behalf by:





J Rimmer - Director


Boundary Group Limited (Registered number: 00998730)

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

1. STATUTORY INFORMATION

Boundary Group 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 etc - 25% on cost, 20% on cost, 15% on cost and at varying rates on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

The Directors are however mindful of current forecasts for capital expenditure and in determining the level of any deferred tax provision, have taken account of any expected timing difference reversals.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 27 ) .

Boundary Group Limited (Registered number: 00998730)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 October 2023 5,539,662
Additions 677,635
Disposals (525,048 )
At 30 September 2024 5,692,249
DEPRECIATION
At 1 October 2023 1,960,444
Charge for year 372,123
Eliminated on disposal (271,910 )
At 30 September 2024 2,060,657
NET BOOK VALUE
At 30 September 2024 3,631,592
At 30 September 2023 3,579,218

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade debtors 57,111 40,543
Amounts owed by group undertakings 1,604,113 1,119,234
Other debtors 213,660 121,176
1,874,884 1,280,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Bank loans and overdrafts 80,888 59,678
Hire purchase contracts 1,676,693 1,676,693
Trade creditors 515,955 55,246
Amounts owed to group undertakings 725,233 830,547
Taxation and social security 95,126 63,814
Other creditors 10,923 19,499
3,104,818 2,705,477

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£ £
Hire purchase contracts 1,429,337 1,369,346

Boundary Group Limited (Registered number: 00998730)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£ £
Hire purchase contracts 3,106,030 3,046,039

Amounts due under hire purchase contracts are secured over the asset to which they relate.

9. RELATED PARTY DISCLOSURES


At the year ended 30 September 2024 the following amounts were outstanding to companies within the same group:

30.09.24 30.09.23
Debtors
Boundary Plant Hire Limited - Trade debtor - 30,000
Boundary Group Properties Limited - Trade debtor 91 -
Boundary Plant Refurbishment Limited - Trade debtor - -
Boundary Plant Sales Limited - Trade debtor 61,062 -
Boundary Plant Hire Limited- Trade debtor (916 ) -
Boundary Plant Refurbishment- Trade Debtor (3,127 ) 10,466
Boundary Group Holdings - Loan 839,451 843,239
Boundary Plant Refurbishments Limited - Loan 367,221 274,297
Boundary Plant Sales Limited - Loan 397,440 1,698
Creditors
Boundary Plant Refurbishment Limited - Trade creditor - -
Boundary Plant Sales Limited - Trade creditor 494,690 -
Boundary Group Holdings Limited - Trade creditor 7,762 4,328
Boundary Plant Hire Limited- Trade debtors credit balance 916 -
Boundary Plant Hire Limited- Trade creditors 4,251 -
Boundary Group Properties Limited - Loan 92,526 82,527
Boundary Plant Hire Limited - Loan 632,706 748,020



The company traded with Boundary Plant Hire Limited, including sales of £770,362.

Rents of £10,362 were paid to Boundary Group (Holdings) Limited during the year.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors