Boyds Diner Ltd NI685027 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is Diner Digita Accounts Production Advanced 6.30.9574.0 true NI685027 2024-02-01 2025-01-31 NI685027 2025-01-31 NI685027 bus:Director1 1 2025-01-31 NI685027 bus:OrdinaryShareClass1 2025-01-31 NI685027 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 NI685027 core:FurnitureFittingsToolsEquipment 2025-01-31 NI685027 core:OtherPropertyPlantEquipment 2025-01-31 NI685027 bus:SmallEntities 2024-02-01 2025-01-31 NI685027 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 NI685027 bus:FilletedAccounts 2024-02-01 2025-01-31 NI685027 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 NI685027 bus:RegisteredOffice 2024-02-01 2025-01-31 NI685027 bus:Director1 2024-02-01 2025-01-31 NI685027 bus:Director1 1 2024-02-01 2025-01-31 NI685027 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 NI685027 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 NI685027 bus:Agent1 2024-02-01 2025-01-31 NI685027 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 NI685027 core:OtherPropertyPlantEquipment 2024-02-01 2025-01-31 NI685027 countries:NorthernIreland 2024-02-01 2025-01-31 NI685027 2024-01-31 NI685027 bus:Director1 1 2024-01-31 NI685027 core:FurnitureFittingsToolsEquipment 2024-01-31 NI685027 core:OtherPropertyPlantEquipment 2024-01-31 NI685027 2023-02-01 2024-01-31 NI685027 2024-01-31 NI685027 bus:Director1 1 2024-01-31 NI685027 bus:OrdinaryShareClass1 2024-01-31 NI685027 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 NI685027 core:FurnitureFittingsToolsEquipment 2024-01-31 NI685027 core:OtherPropertyPlantEquipment 2024-01-31 NI685027 bus:Director1 1 2023-02-01 2024-01-31 NI685027 bus:Director1 1 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI685027

Boyds Diner Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

Boyds Diner Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Boyds Diner Ltd

Company Information

Director | Mr Dalius Kairys

Registered office | 14 John Mitchel Place Newry County Down BT34 2BP

Accountants | SP McKeown & Co Ltd Chartered Certified Accountants, Registered Auditors and Tax Advisors5 Lower Catherine Street Newry Co Down BT35 6BE

Boyds Diner Ltd

(Registration number: NI685027)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 6,848 | 8,583
Current assets |  |  |
Stocks | 5 | 2,500 | 2,500
Cash at bank and in hand |  | 7,927 | 4,968
|  | 10,427 | 7,468
Creditors: Amounts falling due within one year | 6 | (24,069) | (17,579)
Net current liabilities |  | (13,642) | (10,111)
Total assets less current liabilities |  | (6,794) | (1,528)
Provisions for liabilities |  | 1,598 | 309
Net liabilities |  | (5,196) | (1,219)
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | (5,296) | (1,319)
Shareholders' deficit |  | (5,196) | (1,219)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2025

......................................... Mr Dalius Kairys Director |  |

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
14 John Mitchel Place
Newry
County Down
BT34 2BP
Northern Ireland

These financial statements were authorised for issue by the director on 31 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2024 - 8).

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 February 2024 | 1,641 | 11,518 | 13,159
At 31 January 2025 | 1,641 | 11,518 | 13,159
Depreciation
At 1 February 2024 | 429 | 4,147 | 4,576
Charge for the year | 261 | 1,474 | 1,735
At 31 January 2025 | 690 | 5,621 | 6,311
Carrying amount
At 31 January 2025 | 951 | 5,897 | 6,848
At 31 January 2024 | 1,212 | 7,371 | 8,583

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,500 | 2,500

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 4,396 | 4,426
Taxation and social security | 7,352 | 5,431
Accruals and deferred income | 1,900 | 1,450
Other creditors | 10,421 | 6,272
| 24,069 | 17,579

7 | Share capital

Allotted, called up and fully paid shares

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Key management compensation

| 2025 £ | 2024 £
Salaries and other short term employee benefits | 19,150 | 10,400

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Transactions with the director

2025 | At 1 February 2024 £ | Advances to director £ | Repayments by director £ | At 31 January 2025 £
Mr Dalius Kairys
Director's current account | (4,937) | 11,850 | (16,208) | (9,296)

2024 | At 1 February 2023 £ | Advances to director £ | Repayments by director £ | At 31 January 2024 £
Mr Dalius Kairys
Director's current account | (9,638) | 29,101 | (24,399) | (4,937)

Boyds Diner Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 19,150 | 10,400