REGISTERED NUMBER: 09545630 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BOYD & ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S E Boyd

D C Boyd

REGISTERED OFFICE:

2 School Lane

Fulbourn

Cambridge

England

CB21 5BH

REGISTERED NUMBER:

09545630 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

36,440

40,884

CURRENT ASSETS

Debtors

6

91,874

42,425

Cash and cash equivalents

166,308

174,311

258,182

216,736

CREDITORS

Amounts falling due within one year

7

(70,936

)

(60,105

)

NET CURRENT ASSETS

187,246

156,631

TOTAL ASSETS LESS CURRENT LIABILITIES

223,686

197,515

PROVISIONS FOR LIABILITIES

8

(9,110

)

(7,768

)

NET ASSETS

214,576

189,747

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

214,574

189,745

SHAREHOLDERS' FUNDS

214,576

189,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

D C Boyd - Director

1.	STATUTORY INFORMATION

Boyd & Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sale of consultancy services, excluding value added tax. Revenue is recognised once the right to consideration has been earnt. Where the right to recognise revenue has been earnt this is recognised in sales and accrued income. In the event that revenue is invoiced in advance this is recognised as deferred income within creditors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

92,700

Additions

13,791

At 30 April 2025

106,491

DEPRECIATION

At 1 May 2024

51,816

Charge for year

18,235

At 30 April 2025

70,051

NET BOOK VALUE

At 30 April 2025

36,440

At 30 April 2024

40,884

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

51,296

40,550

Other debtors

40,578

1,875

91,874

42,425

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

64,441

53,222

Other creditors

6,495

6,883

70,936

60,105

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

9,110

7,768

Deferred

tax

£

Balance at 1 May 2024

7,768

Provided during year

1,342

Balance at 30 April 2025

9,110

Deferred tax is recognised in respect of the excess of capital allowances over depreciation.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

D C Boyd and S E Boyd

Balance outstanding at start of year

-

-

Amounts advanced

39,753

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,753

-

Advances to directors are interest free and repayable on demand.

11.	RELATED PARTY DISCLOSURES

During the year under review the director charged the company £4,044 (£9,856) in respect of rent, the amount outstanding at the balance sheet date is nil.

Included in other debtors is a balance due to the directors of £39,753 (2024: ((£1,010)). This includes interest charged at the average beneficial loan rate of 2.25% amounting to £490 and repayable on demand.