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Registration number: 14952147

Boundless Estates Ltd
Annual Report and Unaudited Financial Statements
for the Period from 22 June 2023 to 31 August 2024

Boundless Estates Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 4

Boundless Estates Ltd

Company Information

Directors | Mr Murtuza Noorali Pirani Mr Abbas Shariff

Registered office | 124-128 City Road London EC1V 2NX

Accountants | RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Boundless Estates Ltd

(Registration number: 14952147)
Balance Sheet as at 31 August 2024

| Note | 2024 £
Current assets |  |
Debtors | 4 | 68,727
Cash at bank and in hand |  | 77,178
|  | 145,905
Creditors: Amounts falling due within one year | 5 | (3,841)
Total assets less current liabilities |  | 142,064
Creditors: Amounts falling due after more than one year | 5 | (124,896)
Net assets |  | 17,168
Capital and reserves |  |
Called up share capital |  | 1,000
Retained earnings |  | 16,168
Shareholders' funds |  | 17,168

For the financial period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 19 June 2025 and signed on its behalf by:

......................................... Mr Murtuza Noorali Pirani Director
......................................... Mr Abbas Shariff Director

Boundless Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 22 June 2023 to 31 August 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:
124-128 City Road
London
EC1V 2NX

These financial statements were authorised for issue by the Board on 19 June 2025.

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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Boundless Estates Ltd

Notes to the Unaudited Financial Statements for the Period from 22 June 2023 to 31 August 2024 (continued)

2 | Accounting policies (continued)

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4 | Debtors

Current | 2024 £
Other debtors | 68,727
| 68,727

5 | Creditors

Creditors: amounts falling due within one year

| 2024 £
Due within one year |
Taxation and social security | 3,841

Creditors: amounts falling due after more than one year

| Note | 2024 £
Due after one year |  |
Loans and borrowings | 6 | 77,355
Other non-current financial liabilities |  | 47,541
|  | 124,896

6 | Loans and borrowings

Non-current loans and borrowings

| 2024 £
Other borrowings | 77,355