Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 14109334 Mr Jonathan Doyle Mrs Morgana Loze-Doyle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14109334 2023-12-31 14109334 2024-12-31 14109334 2024-01-01 2024-12-31 14109334 frs-core:CurrentFinancialInstruments 2024-12-31 14109334 frs-core:Non-currentFinancialInstruments 2024-12-31 14109334 frs-core:ShareCapital 2024-12-31 14109334 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14109334 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14109334 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14109334 frs-bus:SmallEntities 2024-01-01 2024-12-31 14109334 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14109334 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14109334 frs-core:CostValuation 2023-12-31 14109334 frs-core:AdditionsToInvestments 2024-12-31 14109334 frs-core:CostValuation 2024-12-31 14109334 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 14109334 frs-core:ImpairmentLossProvisionsForImpairmentInvestments 2024-12-31 14109334 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 14109334 frs-bus:Director1 2024-01-01 2024-12-31 14109334 frs-bus:Director2 2024-01-01 2024-12-31 14109334 frs-countries:EnglandWales 2024-01-01 2024-12-31 14109334 2022-12-31 14109334 2023-12-31 14109334 2023-01-01 2023-12-31 14109334 frs-core:CurrentFinancialInstruments 2023-12-31 14109334 frs-core:Non-currentFinancialInstruments 2023-12-31 14109334 frs-core:ShareCapital 2023-12-31 14109334 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14109334
The Boxwood Group Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14109334
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 654,133 8
654,133 8
CURRENT ASSETS
Debtors 5 63,059 1,000
Cash at bank and in hand 6,005 8
69,064 1,008
Creditors: Amounts Falling Due Within One Year 6 (189,156 ) -
NET CURRENT ASSETS (LIABILITIES) (120,092 ) 1,008
TOTAL ASSETS LESS CURRENT LIABILITIES 534,041 1,016
Creditors: Amounts Falling Due After More Than One Year 7 (498,859 ) -
NET ASSETS 35,182 1,016
CAPITAL AND RESERVES
Called up share capital 8 16 16
Profit and Loss Account 35,166 1,000
SHAREHOLDERS' FUNDS 35,182 1,016
Page 1
Page 2
For the 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.
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
Mr Jonathan Doyle
Director
24 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Boxwood Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14109334 . The registered office is The Old Dock House 90 Watery Lane, Ashton-On-Ribble, Preston, PR2 1AU.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements in section 398 of The Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Investments
Subsidiaries
£
Cost
As at 1 January 2024 8
Additions 752,910
As at 31 December 2024 752,918
...CONTINUED
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Page 4
Provision
As at 1 January 2024 -
Impairment losses 98,785
As at 31 December 2024 98,785
Net Book Value
As at 31 December 2024 654,133
As at 1 January 2024 8
Investments as at 31st December 2024 relate to the following:
- a 100% holding of the issued share capital in Juniper Wealth Management Limited, which were acquired on 18th July 2022.
At 31st December 2024 the aggregate of the share capital and reserves of the subsidiary was £23,728 and the profit for the year was £138,703.
- a 100% holding of the issued share capital in Armitstead Barnett Financial Services Limited, which were acquired on 30th September 2024.
At 31st December 2024 the aggregate of the share cap[ital and reserves of the subsidiary wad £1,000 and the profit for the year was £Nil.
5. Debtors
2024 2023
£ £
Due after more than one year
Amounts owed by group undertakings 63,059 1,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 26,596 -
Other creditors 156,080 -
Accruals and deferred income 6,480 -
189,156 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 498,859 -
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 16 16
9. Related Party Transactions
The company is under the control of Mr. J. L. Doyle.
Mr. J. L. Doyle has given a personal guarantee of £414,939 in respect of the following:
Other creditors due within one year - £66,080
Other creditors due after more than one year - £348,859
The following balances and transactions with the subsidiary company, Juniper Wealth Management Limited, are included in the financial statements:
Amounts owed by subsidiary undertakings - £61,915
The following balances and transactions with the subsidiary company, Armitstead Barnett Financial Services Limited, are included in the financial statements:
Amounts owed by subsididiary undertakings - £1,144
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