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REGISTERED NUMBER: 03578679 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BOOTSTOCK LTD

BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BOOTSTOCK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: J Fekete





SECRETARY: Mrs R Fekete





REGISTERED OFFICE: 115 Craven Park Road
South Tottenham
London
N15 6BL





REGISTERED NUMBER: 03578679 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 5 6,365 7,488
Investment property 6 6,270,000 6,270,000
6,276,365 6,277,488

CURRENT ASSETS
Debtors 7 2,495,006 2,190,631
Cash at bank 12,747 432,729
2,507,753 2,623,360
CREDITORS
Amounts falling due within one year 8 (384,483 ) (376,942 )
NET CURRENT ASSETS 2,123,270 2,246,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,399,635

8,523,906

CREDITORS
Amounts falling due after more than one
year

9

(5,046,798

)

(5,114,898

)

PROVISIONS FOR LIABILITIES (843,746 ) (843,746 )
NET ASSETS 2,509,091 2,565,262

CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 12 1,918,745 1,918,745
Retained earnings 12 590,344 646,515
SHAREHOLDERS' FUNDS 2,509,091 2,565,262

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 and authorized for issue by the director and authorised for issue on 11 March 2025 and were signed by:





J Fekete - Director


BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

BOOTSTOCK LTD 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net rent and service charges receivable, excluding value added tax.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment properties

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

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

BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 65,868
DEPRECIATION
At 1 July 2023 58,380
Charge for year 1,123
At 30 June 2024 59,503
NET BOOK VALUE
At 30 June 2024 6,365
At 30 June 2023 7,488

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 6,270,000
NET BOOK VALUE
At 30 June 2024 6,270,000
At 30 June 2023 6,270,000

The fair value of investment properties were assessed to be unchanged by the director. The fair value was assessed using open market valuation basis.

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2019 5,489,664
Cost 780,336
6,270,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by group undertakings 308,386 308,096
Other debtors 2,186,620 1,882,535
2,495,006 2,190,631

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 384,483 376,942

BOOTSTOCK LTD (REGISTERED NUMBER: 03578679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 5,013,928 5,076,472
Other creditors 32,870 38,426
5,046,798 5,114,898

Other creditors includes £32,870 [2023 - £38,426] received under Bounceback Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government.

10. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 5,013,928 5,076,472
Other loans 32,870 38,426
5,046,798 5,114,898

The bank loans and overdrafts are secured by a first charge over the company's investment properties and bear interest at variable rates.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 646,515 1,918,745 2,565,260
Deficit for the year (56,171 ) (56,171 )
At 30 June 2024 590,344 1,918,745 2,509,089