1 January 2024 false No description of principal activity Taxfiler 2024.6 05886571business:PrivateLimitedCompanyLtd2024-01-012024-12-31 058865712023-12-31 058865712024-01-012024-12-31 05886571business:AuditExemptWithAccountantsReport2024-01-012024-12-31 05886571business:FilletedAccounts2024-01-012024-12-31 058865712024-12-31 05886571business:Director12024-01-012024-12-31 05886571business:Director22024-01-012024-12-31 05886571business:CompanySecretary12024-01-012024-12-31 05886571business:RegisteredOffice2024-01-012024-12-31 058865712023-12-31 05886571core:WithinOneYear2024-12-31 05886571core:WithinOneYear2023-12-31 05886571core:AfterOneYear2024-12-31 05886571core:AfterOneYear2023-12-31 05886571core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 05886571core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05886571core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 05886571core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05886571core:PreviouslyStatedAmount2024-12-31 05886571core:PreviouslyStatedAmount2023-12-31 05886571business:SmallEntities2024-01-012024-12-31 05886571countries:EnglandWales2024-01-012024-12-31 05886571core:PlantMachinery2024-01-012024-12-31 05886571core:MotorVehicles2024-01-012024-12-31 05886571core:FurnitureFittings2024-01-012024-12-31 05886571core:ComputerEquipment2024-01-012024-12-31 05886571core:OtherPropertyPlantEquipment2024-01-012024-12-31 05886571core:Goodwill2023-12-31 05886571core:Goodwill2024-12-31 05886571core:LandBuildings2023-12-31 05886571core:PlantMachinery2023-12-31 05886571core:MotorVehicles2023-12-31 05886571core:FurnitureFittings2023-12-31 05886571core:LandBuildings2024-01-012024-12-31 05886571core:LandBuildings2024-12-31 05886571core:PlantMachinery2024-12-31 05886571core:MotorVehicles2024-12-31 05886571core:FurnitureFittings2024-12-31 058865712023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05886571 (England and Wales)
BOALLOY INDUSTRIES LIMITED Unaudited accounts for the year ended 31 December 2024
BOALLOY INDUSTRIES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BOALLOY INDUSTRIES LIMITED Company Information for the year ended 31 December 2024
Directors
Craig Pickering Angela Pickering
Secretary
Craig Pickering
Company Number
05886571 (England and Wales)
Registered Office
BOALLOY INDUSTRIES LTD RADNOR PARK INDUSTRIAL ESTATE CONGLETON CHESHIRE CW12 4QA ENGLAND
Accountants
Paul Austen Associates Ltd Riverside Mountbatten Way Congleton Cheshire CW12 1DY
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BOALLOY INDUSTRIES LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
19,910 
38,875 
Current assets
Inventories
89,000 
85,000 
Debtors
6
104,987 
116,743 
Cash at bank and in hand
251,059 
168,094 
445,046 
369,837 
Creditors: amounts falling due within one year
7
(161,312)
(177,538)
Net current assets
283,734 
192,299 
Total assets less current liabilities
303,644 
231,174 
Creditors: amounts falling due after more than one year
8
(14,812)
(24,951)
Provisions for liabilities
Other provisions
(78,821)
(80,000)
Net assets
210,011 
126,223 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
210,009 
126,221 
Shareholders' funds
210,011 
126,223 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by
Angela Pickering Director Company Registration No. 05886571
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BOALLOY INDUSTRIES LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BOALLOY INDUSTRIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05886571. The registered office is BOALLOY INDUSTRIES LTD, RADNOR PARK INDUSTRIAL ESTATE, CONGLETON, CHESHIRE, CW12 4QA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Other tangible fixed assets
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
5,050 
At 31 December 2024
5,050 
Amortisation
At 1 January 2024
5,050 
At 31 December 2024
5,050 
Net book value
At 31 December 2024
- 
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BOALLOY INDUSTRIES LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
10,296 
89,730 
39,000 
21,501 
160,527 
Additions
- 
10,750 
- 
- 
10,750 
At 31 December 2024
10,296 
100,480 
39,000 
21,501 
171,277 
Depreciation
At 1 January 2024
10,296 
77,402 
12,453 
21,501 
121,652 
Charge for the year
- 
23,078 
6,637 
- 
29,715 
At 31 December 2024
10,296 
100,480 
19,090 
21,501 
151,367 
Net book value
At 31 December 2024
- 
- 
19,910 
- 
19,910 
At 31 December 2023
- 
12,328 
26,547 
- 
38,875 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
104,987 
116,743 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
2,107 
VAT
46,363 
29,482 
Trade creditors
75,948 
75,272 
Taxes and social security
49,528 
12,617 
Loans from directors
(10,527)
58,060 
161,312 
177,538 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,812 
24,951 
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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