Boultbee Developments Group Services Limited Company accounts

COMPANY REGISTRATION NUMBER: 13306103

Boultbee Developments Group Services Limited

Unaudited Financial Statements

31 December 2024

Boultbee Developments Group Services Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Directors' report	1

Statement of comprehensive income	2

Statement of financial position	3

Statement of changes in equity	4

Notes to the financial statements	5

Boultbee Developments Group Services Limited

Directors' Report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .

Principal activities

The principal activity of the company was provision of project development services.

Directors

The directors who served the company during the year were as follows:

L. Roberts
C.E. Boultbee Brooks

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 10 September 2025 and signed on behalf of the board by:

L. Roberts

Director

Registered office:

Formal House

60 St Georges Place

Cheltenham

GL50 3PN

Boultbee Developments Group Services Limited

Statement of Comprehensive Income

Year ended 31 December 2024

	2024	2023
Note	£	£
Turnover	103,836	319,344

	---------	---------
Gross profit	103,836	319,344

Administrative expenses	142,419	152,532
	---------	---------
Operating (loss)/profit	( 38,583)	166,812

Other interest receivable and similar income		13	–
		---------	---------
(Loss)/profit before taxation	5	( 38,570)	166,812

Tax on (loss)/profit	–	( 3,000)
	--------	---------
(Loss)/profit for the financial year and total comprehensive income	( 38,570)	169,812
	--------	---------

All the activities of the company are from continuing operations.

Boultbee Developments Group Services Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	6	361	481

Current assets

Debtors	7	118,855	671,869
Cash at bank and in hand		54,472	–
		---------	---------
		173,327	671,869

Creditors: amounts falling due within one year	8	31,183	491,275
		---------	---------
Net current assets		142,144	180,594
		---------	---------
Total assets less current liabilities		142,505	181,075
		---------	---------
Net assets		142,505	181,075
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	142,405	180,975
	---------	---------
Shareholders funds	142,505	181,075
	---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 September 2025 , and are signed on behalf of the board by:

L. Roberts

Director

Company registration number: 13306103

Boultbee Developments Group Services Limited

Statement of Changes in Equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 January 2023	100	11,163	11,263

Profit for the year		169,812	169,812
	----	---------	---------
Total comprehensive income for the year	–	169,812	169,812

At 31 December 2023	100	180,975	181,075

Loss for the year		( 38,570)	( 38,570)
	----	---------	---------
Total comprehensive income for the year	–	( 38,570)	( 38,570)

	----	---------	---------
At 31 December 2024	100	142,405	142,505
	----	---------	---------

Boultbee Developments Group Services Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2024	2023
	£	£
Depreciation of tangible assets	120	161
	----	----

6. Tangible assets

	Equipment
	£
Cost
At 1 January 2024 and 31 December 2024	1,054
	-------
Depreciation
At 1 January 2024	573
Charge for the year	120
	-------
At 31 December 2024	693
	-------
Carrying amount
At 31 December 2024	361
	-------
At 31 December 2023	481
	-------

7. Debtors

	2024	2023
	£	£
Trade debtors	118,603	671,869
Other debtors	252	–
	---------	---------
	118,855	671,869
	---------	---------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	18,060	168,078
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	265,314
Social security and other taxes	13,123	48,151
Other creditors	–	9,732
	--------	---------
	31,183	491,275
	--------	---------

9. Controlling party

The parent company is Boultbee Developments Limited. The ultimate parent company is Boultbee Developments Holdings Limited. Both are registered at; Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.