Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05062612 N L Gaskell S Gaskell S Gaskell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05062612 2024-02-29 05062612 2025-02-28 05062612 2024-03-01 2025-02-28 05062612 frs-core:CurrentFinancialInstruments 2025-02-28 05062612 frs-core:ComputerEquipment 2025-02-28 05062612 frs-core:ComputerEquipment 2024-03-01 2025-02-28 05062612 frs-core:ComputerEquipment 2024-02-29 05062612 frs-core:PlantMachinery 2025-02-28 05062612 frs-core:PlantMachinery 2024-03-01 2025-02-28 05062612 frs-core:PlantMachinery 2024-02-29 05062612 frs-core:ShareCapital 2025-02-28 05062612 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05062612 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05062612 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05062612 frs-bus:SmallEntities 2024-03-01 2025-02-28 05062612 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05062612 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05062612 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28 05062612 frs-bus:OrdinaryShareClass1 2025-02-28 05062612 frs-bus:Director1 2024-03-01 2025-02-28 05062612 frs-bus:Director2 2024-03-01 2025-02-28 05062612 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 05062612 frs-countries:EnglandWales 2024-03-01 2025-02-28 05062612 2023-02-28 05062612 2024-02-29 05062612 2023-03-01 2024-02-29 05062612 frs-core:CurrentFinancialInstruments 2024-02-29 05062612 frs-core:ShareCapital 2024-02-29 05062612 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 05062612 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29
Registered number: 05062612
Boundarypoint Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05062612
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 537 -
537 -
CURRENT ASSETS
Debtors 5 82,681 78,782
Cash at bank and in hand 92,590 105,869
175,271 184,651
Creditors: Amounts Falling Due Within One Year 6 (53,616 ) (81,295 )
NET CURRENT ASSETS (LIABILITIES) 121,655 103,356
TOTAL ASSETS LESS CURRENT LIABILITIES 122,192 103,356
NET ASSETS 122,192 103,356
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 122,190 103,354
SHAREHOLDERS' FUNDS 122,192 103,356
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For the year ending 28 February 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
N L Gaskell
Director
21 July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Boundarypoint Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05062612 . The registered office is Avaland House, 110 London Road Apsley, Hemel Hempstead, Hertfordshire, HP3 9SD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. 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:
Plant & Machinery 33% on cost
Computer Equipment 33% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 8,894 1,525 10,419
Additions - 665 665
As at 28 February 2025 8,894 2,190 11,084
Depreciation
As at 1 March 2024 8,894 1,525 10,419
Provided during the period - 128 128
As at 28 February 2025 8,894 1,653 10,547
Net Book Value
As at 28 February 2025 - 537 537
As at 1 March 2024 - - -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 78,184 76,225
Other debtors 4,497 2,557
82,681 78,782
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,655 20,056
Corporation tax 9,062 11,405
Other taxes and social security 1,276 -
VAT 19,458 26,946
Other creditors 1,816 2,090
Accruals and deferred income 4,604 4,978
Directors' loan accounts 10,745 15,820
53,616 81,295
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7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
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