Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2024-01-01falseHolding company11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08320047 2024-01-01 2024-12-31 08320047 2023-01-01 2023-12-31 08320047 2024-12-31 08320047 2023-12-31 08320047 c:Director1 2024-01-01 2024-12-31 08320047 d:CurrentFinancialInstruments 2024-12-31 08320047 d:CurrentFinancialInstruments 2023-12-31 08320047 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08320047 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08320047 d:ShareCapital 2024-12-31 08320047 d:ShareCapital 2023-12-31 08320047 d:RetainedEarningsAccumulatedLosses 2024-12-31 08320047 d:RetainedEarningsAccumulatedLosses 2023-12-31 08320047 c:OrdinaryShareClass1 2024-01-01 2024-12-31 08320047 c:OrdinaryShareClass1 2024-12-31 08320047 c:OrdinaryShareClass2 2024-01-01 2024-12-31 08320047 c:OrdinaryShareClass2 2024-12-31 08320047 c:OrdinaryShareClass3 2024-01-01 2024-12-31 08320047 c:OrdinaryShareClass3 2024-12-31 08320047 c:OrdinaryShareClass4 2024-01-01 2024-12-31 08320047 c:OrdinaryShareClass4 2024-12-31 08320047 c:OrdinaryShareClass5 2024-01-01 2024-12-31 08320047 c:OrdinaryShareClass5 2024-12-31 08320047 c:FRS102 2024-01-01 2024-12-31 08320047 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08320047 c:FullAccounts 2024-01-01 2024-12-31 08320047 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08320047 2 2024-01-01 2024-12-31 08320047 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08320047









BOON GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
BOON GROUP LIMITED
REGISTERED NUMBER: 08320047

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
502,287
890,015

Cash at bank and in hand
 6 
347,773
2,045

  
850,060
892,060

Creditors: amounts falling due within one year
 7 
(34)
(34)

Net current assets
  
 
 
850,026
 
 
892,026

  

Net assets
  
850,126
892,126


Capital and reserves
  

Called up share capital 
 8 
208
208

Profit and loss account
  
849,918
891,918

  
850,126
892,126


Page 1

 
BOON GROUP LIMITED
REGISTERED NUMBER: 08320047
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2025.



M E Boon
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BOON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Boon Group Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 13 New Road, Wonersh, Guildford, England, GU5 0SF.
The company is the parent company of a group which specialises in the provision of electrical and mechanical contract services and property development and investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

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

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.


  
2.5

Consolidated accounts

The company was a parent company and a member of a small group during the period. Therefore it is not required to prepare group accounts under the Companies Act 2006 and FRS 102.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
BOON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 January 2024
100



At 31 December 2024
100





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
165,648
794,306

Other debtors
336,639
95,709

502,287
890,015

Page 4

 
BOON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.Debtors (continued)



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
347,773
2,045

347,773
2,045



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
34
34

34
34


Page 5

 
BOON GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



200 Ordinary shares of £1 each
200
200
2 Ordinary B shares of £1 each
2
2
2 Ordinary C shares of £1 each
2
2
2 Ordinary D shares of £1 each
2
2
2 Ordinary E shares of £1 each
2
2

208

208

The Ordinary £1 shares have attached to them full voting and capital distribution (including on a winding-up) rights. The other classes of shares do not have such rights.
All classes of shares are treated as separate classes of shares for the payment of dividends and they do not confer any rights of redemption.


9.


Transactions with directors

Included within other debtors is an amount of £336,535 (2023 - £95,605) owed from the director. The loan is interest free and repayable on demand.


10.


Related party transactions

The company has taken advantage of the exemption in FRS102 from the requirement to disclose transactions with other wholly owned group companies.


11.


Controlling party

The ultimate controlling party is the director M E Boon by virtue of his majority shareholding.

 
Page 6