Boxt Property Limited

	Page
Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3—4

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Statement of Financial Position

As At 31 December 2024

Statement of Financial Position

Registered number: 15367861

		31 December 2024
	Notes	£	£
CURRENT ASSETS
Stocks	4	278,842
Cash at bank and in hand		8,971

		287,813
Creditors: Amounts Falling Due Within One Year	5	(310,689 )

NET CURRENT ASSETS (LIABILITIES)			(22,876 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(22,876 )

NET LIABILITIES			(22,876 )

CAPITAL AND RESERVES
Called up share capital	6		2
Income Statement			(22,878 )

SHAREHOLDERS' FUNDS			(22,876)

For the period 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 Income Statement.

On behalf of the board

Mr Junior Roberts Director	Mr Darren Blake Director
25/04/2025

The notes on pages 3 to 4 form part of these financial statements.

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Boxt Property Limited

Notes to the Financial Statements

For the Period 22 December 2023 to 31 December 2024

Notes to the Financial Statements

1. General Information

Boxt Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15367861 . The registered office is Alexandra House, Priestsic Road, Sutton-In-Ashfield, Nottinghamshire, NG17 4EA.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis. This may not be appropriate because the company had a balance sheet deficit of £22,876 at 31st December 2024. The company is therefore dependant on the continued support of the directors. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets to their net realisable value and to provide any further liabilities which may arise.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

2.5. Debtors and creditors

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.

Short term trade 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.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Stocks

	31 December 2024
	£
Work in progress	278,842

5. Creditors: Amounts Falling Due Within One Year

	31 December 2024
	£
Bank loans and overdrafts	212,615
Other creditors	98,074

	310,689

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Boxt Property Limited

Notes to the Financial Statements (continued)

For the Period 22 December 2023 to 31 December 2024

6. Share Capital

	31 December 2024
	£
Allotted, Called up and fully paid	2

7. Directors Advances, Credits and Guarantees

At the balance sheet date, the directors were owed £7,538 by the company.

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Directors	Mr Junior Roberts
	Mr James Roberts
	Mr William Williamson
	Mr Darren Blake
	Mrs Sophie Blake

Company Number	15367861

Registered Office	Alexandra House
	Priestsic Road
	Sutton-In-Ashfield
	Nottinghamshire
	NG17 4EA

Accountants	Gregory Priestley & Stewart
	Chartered Accountants
	Alexandra House
	123 Priestsic Road
	Sutton In Ashfield
	Nottinghamshire
	NG17 4EA