Company Registration No. 13272329 (England and Wales)
BOA Residential Limited
Unaudited accounts
for the year ended 31 March 2025
BOA Residential Limited
Unaudited accounts
Contents
BOA Residential Limited
Company Information
for the year ended 31 March 2025
Company Number
13272329 (England and Wales)
Registered Office
2 Denman Close
Retford
Nottinghamshire
DN22 7QG
England
Accountants
Baobab Accounting Limited
20-22 Wenlock Road
London
N1 7GU
BOA Residential Limited
Statement of financial position
as at 31 March 2025
Investment property
118,891
118,891
Cash at bank and in hand
14,412
9,747
Creditors: amounts falling due within one year
(2,099)
(1,929)
Net current assets
12,313
7,818
Total assets less current liabilities
131,204
126,709
Creditors: amounts falling due after more than one year
(123,125)
(123,113)
Called up share capital
1
1
Profit and loss account
8,078
3,595
Shareholders' funds
8,079
3,596
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2025 and were signed on its behalf by
J C Nel
Director
Company Registration No. 13272329
BOA Residential Limited
Notes to the Accounts
for the year ended 31 March 2025
BOA Residential Limited is a private company, limited by shares, registered in England and Wales, registration number 13272329. The registered office is 2 Denman Close, Retford, Nottinghamshire, DN22 7QG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2024
118,891
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,027
878
Loans from directors
538
538
BOA Residential Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
123,125
123,113
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
At the year end, the company owed to the shareholder BOA Construction Limited an amount of £123,125 (31 March 2024 : £123,113).
The company is controlled by the director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).