Company registration number SC268898 (Scotland)
BOARDBEACH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BOARDBEACH LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
BOARDBEACH LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
14,482
19,309
Investment property
3
1,780,000
1,780,000
1,794,482
1,799,309
Current assets
Debtors
4
76,911
7,612
Cash at bank and in hand
167,940
155,703
244,851
163,315
Creditors: amounts falling due within one year
5
(224,994)
(161,877)
Net current assets
19,857
1,438
Total assets less current liabilities
1,814,339
1,800,747
Creditors: amounts falling due after more than one year
6
(1,347,077)
(1,448,720)
Provisions for liabilities
(107,011)
(107,011)
Net assets
360,251
245,016
Capital and reserves
Called up share capital
7
99
99
Profit and loss reserves
360,152
244,917
Total equity
360,251
245,016
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
BOARDBEACH LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 30 September 2025
Mr A Rasul
Director
Company registration number SC268898 (Scotland)
BOARDBEACH LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 3 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 October 2023 and 30 September 2024
41,354
Depreciation and impairment
At 1 October 2023
22,045
Depreciation charged in the year
4,827
At 30 September 2024
26,872
Carrying amount
At 30 September 2024
14,482
At 30 September 2023
19,309
3
Investment property
2024
£
Fair value
At 1 October 2023 and 30 September 2024
1,780,000
The company's investment properties were revalued as at 30 September 2021 by the company director based on properties of a similar specification and location.
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
76,911
7,612
BOARDBEACH LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 4 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
51,028
47,370
Trade creditors
2,102
2,102
Taxation and social security
123,479
66,824
Other creditors
48,385
45,581
224,994
161,877
Included within bank loans are amounts secured by a floating charge and standard security over one of the company's investment properties.
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
917,982
969,023
Other creditors
429,095
479,697
1,347,077
1,448,720
Included within bank loans are amounts secured by a floating charge and standard security over one of the company's investment properties.
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
99
99
99
99