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REGISTERED NUMBER: 03998171 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Boundary Group (Properties) Limited

Boundary Group (Properties) Limited (Registered number: 03998171)






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 (Properties) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: R F Rimmer
S Rimmer
J Rimmer





SECRETARY: R F Rimmer





REGISTERED OFFICE: Hammond Road
Knowsley Industrial Park
Liverpool
L33 7UL





REGISTERED NUMBER: 03998171 (England and Wales)





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

Boundary Group (Properties) Limited (Registered number: 03998171)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £ £ £
FIXED ASSETS
Investment property 4 586,116 586,116

CURRENT ASSETS
Debtors 5 93,670 84,475
Cash at bank 8,567 13,742
102,237 98,217
CREDITORS
Amounts falling due within one year 6 102,252 88,879
NET CURRENT (LIABILITIES)/ASSETS (15 ) 9,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

586,101

595,454

CREDITORS
Amounts falling due after more than one
year

7

306,105

315,142
NET ASSETS 279,996 280,312

CAPITAL AND RESERVES
Called up share capital 112 112
Share premium 55,908 55,908
Retained earnings 223,976 224,292
279,996 280,312

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 (Properties) Limited (Registered number: 03998171)

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 (Properties) Limited (Registered number: 03998171)

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

1. STATUTORY INFORMATION

Boundary Group (Properties) 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 October 2023
and 30 September 2024 586,116
NET BOOK VALUE
At 30 September 2024 586,116
At 30 September 2023 586,116

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Amounts owed by group undertakings 92,528 82,528
Other debtors 1,142 1,947
93,670 84,475

Boundary Group (Properties) Limited (Registered number: 03998171)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade creditors 91 102
Amounts owed to group undertakings 15,411 17,777
Taxation and social security 8,009 8,009
Other creditors 78,741 62,991
102,252 88,879

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£ £
Other creditors 306,105 315,142

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 270,501 279,538

8. SECURED DEBTS

Roger Francis Rimmer and Angela Marie Rimmer hold a charge over Bradman House, together with the machinery implements, building materials, furniture and equipment used in or about the mortgaged premises.

The Grosvenor and Company of the Bank of Scotland holds fixed and floating charges over the undertaking and all property and assets present and future, including goodwill bookdebts, uncalled capital, buildings, fixtures and fixed plant and machinery.

The North West Fund for Business Loans LP holds a fixed and floating charge over the debenture, including a negative pledge.

Paratus Amc Limited holds a fixed a floating charge, containing a negative pledge, as a continuing security for the payment and discharge of the secured liabilities held over the land at 1 Greenham Avenue.

Aldermore Bank PLC holds a charge over the property 3 Anders Drive, Liverpool.

National Westminster Bank PLC holds a fixed charge, containing a negative pledge, over the property at 6 Bradman Road, Liverpool.

Boundary Group (Properties) Limited (Registered number: 03998171)

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

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 Sales Limited - Trade debtor - -
Boundary Group Holdings Limited - Loan - -
Boundary Group Limited - Loan 92,527 82,527

Creditors
Boundary Group Holdings Limited - Trade creditor - 25
Boundary Group Limited - Trade creditor 91 77
Boundary Plant Sales Limited - Loan 11,993 11,993
RW Barton Limited - Loan - -
Boundary Plant Refurbishment Limited - Loan - -
Boundary Group Holdings Limited- Loan 3,418 5,874



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.