Box Hill Capital Limited 10527223 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is dealing in securities and related products. Digita Accounts Production Advanced 6.30.9574.0 true 10527223 2024-01-01 2024-12-31 10527223 2024-12-31 10527223 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-12-31 10527223 core:CurrentFinancialInstruments 2024-12-31 10527223 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10527223 bus:SmallEntities 2024-01-01 2024-12-31 10527223 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10527223 bus:FilletedAccounts 2024-01-01 2024-12-31 10527223 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10527223 bus:RegisteredOffice 2024-01-01 2024-12-31 10527223 bus:Director1 2024-01-01 2024-12-31 10527223 bus:Director2 2024-01-01 2024-12-31 10527223 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10527223 bus:Agent1 2024-01-01 2024-12-31 10527223 countries:EnglandWales 2024-01-01 2024-12-31 10527223 2023-01-01 2023-12-31 10527223 2023-12-31 10527223 core:CurrentFinancialInstruments 2023-12-31 10527223 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 10527223

Box Hill Capital Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Box Hill Capital Limited

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 7

 

Box Hill Capital Limited

Company Information

Directors

Mrs C Chapman

T J Chapman

Registered office

163 Herne Hill
London
SE24 9LR

Accountants

Innovi Advisors Ltd
Chartered Certified Accountants163 Herne Hill
London
SE24 9LR

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Box Hill Capital Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Box Hill Capital Limited for the year ended 31 December 2024 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Box Hill Capital Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Box Hill Capital Limited and state those matters that we have agreed to state to the Board of Directors of Box Hill Capital Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Box Hill Capital Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Box Hill Capital Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Box Hill Capital Limited. You consider that Box Hill Capital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Box Hill Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Innovi Advisors Ltd
Chartered Certified Accountants
163 Herne Hill
London
SE24 9LR

21 July 2025

 

Box Hill Capital Limited

(Registration number: 10527223)
Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

3,410,996

3,106,907

Current assets

 

Debtors

5

254,667

43,680

Cash at bank and in hand

 

2,842,200

2,848,280

 

3,096,867

2,891,960

Creditors: Amounts falling due within one year

6

(5,408,555)

(5,426,462)

Net current liabilities

 

(2,311,688)

(2,534,502)

Total assets less current liabilities

 

1,099,308

572,405

Provisions for liabilities

(59,005)

-

Net assets

 

1,040,303

572,405

Capital and reserves

 

Called up share capital

100

100

Other reserves

177,014

-

Retained earnings

863,189

572,305

Shareholders' funds

 

1,040,303

572,405

For the financial year ending 31 December 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 year 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 and 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 directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 21 July 2025 and signed on its behalf by:
 

T J Chapman
Director

   
     
 

Box Hill Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
163 Herne Hill
London
SE24 9LR
England

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.

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

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Box Hill Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2

Accounting policies (continued)

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Box Hill Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 January 2024

3,106,907

3,106,907

Fair value adjustments

236,018

236,018

Additions

472,113

472,113

Disposals

(404,042)

(404,042)

At 31 December 2024

3,410,996

3,410,996

Impairment

Carrying amount

At 31 December 2024

3,410,996

3,410,996

5

Debtors

Current

2024
£

2023
£

Other debtors

254,667

43,680

 

254,667

43,680

 

Box Hill Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

18,102

-

Accruals and deferred income

1,698

1,260

Other creditors

5,388,755

5,425,202

5,408,555

5,426,462