Boss Professional Services Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 08727514

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		25,353		38,157
Investments	5		376		376

			25,729		38,533
CURRENT ASSETS
Debtors	6	1,046,111		1,827,877
Cash at bank and in hand		15,854		9,659

		1,061,965		1,837,536
Creditors: Amounts Falling Due Within One Year	7	(966,271 )		(1,651,229 )

NET CURRENT ASSETS (LIABILITIES)			95,694		186,307

TOTAL ASSETS LESS CURRENT LIABILITIES			121,423		224,840

NET ASSETS			121,423		224,840

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			121,323		224,740

SHAREHOLDERS' FUNDS			121,423		224,840

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Boss Professional Services Limited

Balance Sheet (continued)

As At 31 December 2024

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 27 October 2025 and were signed on its behalf by:

Mr R J Bessell Director	Mr T R Payne Director
27/10/2025

The notes on pages 4 to 8 form part of these financial statements.

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Boss Professional Services Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Boss Professional Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08727514 .

The registered office is 101 Lincoln House 1 Brixton Road, Kennington, London, SW9 6DE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

2.2. Exemption From Preparing Consolidated Financial Statements

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipments

25% on costs

2.5. Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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Boss Professional Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

2.9. 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.

2.10. Share capital and Dividends

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.

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2023: 10)

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Boss Professional Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Office equipments
	£
Cost
As at 1 January 2024	211,119
Additions	5,181

As at 31 December 2024	216,300

Depreciation
As at 1 January 2024	172,962
Provided during the period	17,985

As at 31 December 2024	190,947

Net Book Value
As at 31 December 2024	25,353

As at 1 January 2024	38,157

5. Investments

	Subsidiaries	Other	Total
	£	£	£
Cost or Valuation
As at 1 January 2024	289	87	376

As at 31 December 2024	289	87	376

Provision
As at 1 January 2024	-	-	-

As at 31 December 2024	-	-	-

Net Book Value
As at 31 December 2024	289	87	376

As at 1 January 2024	289	87	376

Subsidiaries

Details of the company's subsidiaries as at 31 December 2024 are as follows:

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Boss Professional Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
Boss Energy Consulting Limited	101 Lincoln House, 1 Brixton Road, Kennington, London SW9 6DE	Ordinary	89.00%	-
Boss ERP Consulting Limited	101 Lincoln House, 1 Brixton Road, Kennington, London SW9 6DE	Ordinary	100.00%	-
Boss Professional Services B.V. (Netherland)	Netherland	Ordinary	100.00%	-

Associates

Details of the company's associates as at 31 December 2024 are as follows:

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
SmartTek Global Limited	Unit SB 204-206, Southbank House, Black Prince Road, London SE1 7SJ	Ordinary	40.00%	-
Venture Systems Group Limited	101 Lincoln House, 1 Brixton Road, Kennington, London SW9 6DE	Ordinary	34.00%	-

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	14,490
Amounts owed by group undertakings	951,002	1,726,763
Other debtors	95,109	86,624

	1,046,111	1,827,877

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	32,452	53,052
Amounts owed to group undertakings	697,796	929,483
Other creditors	179,956	457,664
Taxation and social security	56,067	211,030

	966,271	1,651,229

8. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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Boss Professional Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Dividends

	2024	2023
	£	£
On equity shares:
Interim dividend paid	121,966	236,000

10. Related Party Disclosures

Transaction with directors

Included in other creditors is a balance due to T R Payne £90,469 (2023: £18,665) and R Bessell of £87259 (2023: £15,455).

Transaction with group companies

Boss Energy Consulting Limited

Group company

At the balance sheet date, the company owed £196,935, (2023: £318,923), to Boss Energy Consulting Limited.

Boss ERP Consulting Limited

Group company

At the balance sheet date, Boss ERP Consulting Limited owed £900,596, (2023: £1,076,667), to the company.

Boss Professional Services B.V. (Netherland)

Group company

At the balance sheet date, Boss Professional Services B.V. (Netherland) owed £3,385, (2023: 2,639), to the company.

Sapien Engineering Limited

Group company

At the balance sheet date, Sapien Engineering Limited owed £29,623, (2023: £-), to the company.

Transaction with connected company

Boss Consulting Limited

Connected company

At the balance sheet date, the company owed £181,967 to Boss Consulting Limited whereas Boss Consulting

Limited owed £601,371 to the company in 2023.

Smarttek Global Limited

Connected company

At the balance sheet date, the company owed £318,895, (2023: £610,560), to Smarttek Global Limited.

Venture System Group Limited

Connected company

At the balance sheet date, Venture System TRA Limited owed £17,398, (2023: £46,086), to the company.

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Directors	Mr R J Bessell
	Mr T R Payne

Secretary	Mr T R Payne

Company Number	08727514

Registered Office	101 Lincoln House 1 Brixton Road
	Kennington
	London
	SW9 6DE

Accountants	Ripe LLP
	Chartered Accountants
	9A Burroughs Gardens
	London
	NW4 4AU