Company Registration No. NI692602 (Northern Ireland)
Boundary Belfast Ltd
Unaudited accounts
for the year ended 30 November 2024
Boundary Belfast Ltd
Unaudited accounts
Contents
Boundary Belfast Ltd
Company Information
for the year ended 30 November 2024
Company Number
NI692602 (Northern Ireland)
Registered Office
Unit D2
19 Heron Road
Belfast
BT3 9LE
Northern Ireland
Accountants
JMW
74 Ballantine Gardens
Lisburn
Co. Down
BT27 5FB
Boundary Belfast Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
63,647
14,057
Cash at bank and in hand
615
1,211
Creditors: amounts falling due within one year
(2,000)
(3,155)
Net current liabilities
(885)
(1,944)
Total assets less current liabilities
62,762
12,113
Creditors: amounts falling due after more than one year
-
(11,009)
Called up share capital
1
1
Profit and loss account
62,761
1,103
Shareholders' funds
62,762
1,104
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 10 October 2025 and were signed on its behalf by
David Adams
Director
Company Registration No. NI692602
Boundary Belfast Ltd
Notes to the Accounts
for the year ended 30 November 2024
Boundary Belfast Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI692602. The registered office is Unit D2, 19 Heron Road, Belfast, BT3 9LE, Northern Ireland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Boundary Belfast Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Fixtures & fittings
At 30 November 2024
79,559
Charge for the year
15,912
At 30 November 2024
15,912
At 30 November 2024
63,647
At 30 November 2023
14,057
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,155
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).