REGISTERED NUMBER: 10828312 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BOULIS ENTERPRISES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr M Boulis

REGISTERED OFFICE:

24 Hayes Road

Bromley

Kent

BR2 9AA

REGISTERED NUMBER:

10828312 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

14,585

19,447

Investment property

5

1,778,363

1,674,078

1,792,948

1,693,525

CURRENT ASSETS

Debtors

6

13,917

12,500

Cash at bank

9,250

12,724

23,167

25,224

CREDITORS

Amounts falling due within one year

7

775,271

786,578

NET CURRENT LIABILITIES

(752,104

)

(761,354

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,040,844

932,171

CREDITORS

Amounts falling due after more than one year

8

(857,500

)

(857,500

)

PROVISIONS FOR LIABILITIES

(180

)

(180

)

NET ASSETS

183,164

74,491

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

104,285

-

Retained earnings

78,878

74,490

183,164

74,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 September 2025 and were signed by:

Dr M Boulis - Director

1.	STATUTORY INFORMATION

Boulis Enterprises Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% reducing balance

Fixtures and fittings

-

25% reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

822

78,596

79,418

DEPRECIATION

At 1 April 2024

274

59,697

59,971

Charge for year

137

4,725

4,862

At 31 March 2025

411

64,422

64,833

NET BOOK VALUE

At 31 March 2025

411

14,174

14,585

At 31 March 2024

548

18,899

19,447

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,674,078

Revaluations

104,285

At 31 March 2025

1,778,363

NET BOOK VALUE

At 31 March 2025

1,778,363

At 31 March 2024

1,674,078

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

104,285

Cost

1,674,078

1,778,363

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

13,917

12,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

10,000

Other creditors

775,271

776,578

775,271

786,578

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

857,500

857,500

9.

RESERVES

Fair

value

reserve

£

Unrealised surplus on revaluat ion

104,285

At 31 March 2025

104,285