Boardman Developments Limited 10123123 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is groundworks services. Digita Accounts Production Advanced 6.30.9574.0 true true 10123123 2023-07-01 2024-06-30 10123123 2024-06-30 10123123 core:CurrentFinancialInstruments 2024-06-30 10123123 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10123123 core:Non-currentFinancialInstruments 2024-06-30 10123123 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 10123123 bus:SmallEntities 2023-07-01 2024-06-30 10123123 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10123123 bus:FilletedAccounts 2023-07-01 2024-06-30 10123123 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10123123 bus:RegisteredOffice 2023-07-01 2024-06-30 10123123 bus:Director1 2023-07-01 2024-06-30 10123123 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10123123 countries:EnglandWales 2023-07-01 2024-06-30 10123123 2022-07-01 2023-06-30 10123123 2023-06-30 10123123 core:CurrentFinancialInstruments 2023-06-30 10123123 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 10123123 core:Non-currentFinancialInstruments 2023-06-30 10123123 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 10123123

Boardman Developments Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Boardman Developments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Boardman Developments Limited

(Registration number: 10123123)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

10,901

7,527

Cash at bank and in hand

 

2,568

26

 

13,469

7,553

Creditors: Amounts falling due within one year

5

(10,719)

(3,019)

Total assets less current liabilities

 

2,750

4,534

Creditors: Amounts falling due after more than one year

5

(2,587)

(4,061)

Net assets

 

163

473

Capital and reserves

 

Called up share capital

20

20

Retained earnings

143

453

Shareholders' funds

 

163

473

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 February 2025
 

.........................................
Mr P Boardman
Director

 

Boardman Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31a Charnham Street
Hungerford
Berkshire
RG17 0EJ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

 

Boardman Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

2024
£

2023
£

Trade debtors

547

-

Other debtors

10,354

7,527

 

10,901

7,527

 

Boardman Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

1,525

1,525

Trade creditors

 

1,140

-

Taxation and social security

 

6,800

339

Other creditors

 

1,254

1,155

 

10,719

3,019

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

2,587

4,061

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

1,525

1,525

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

2,587

4,061

7

Related party transactions

Other transactions with directors

Included in other creditors at the balance sheet date is a balance due to the directors of £44 (2023 - balance due from director £6,698).