03170980falseRetail sales of sports goods 2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 03170980

Boardwise Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Cooper & Co.

Certified Public Accountants

Broad Court

57 Broad Street

Bridgtown

Cannock

WS11 0DA

Boardwise Ltd

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

Mr I M Gregorelli

Mr D R Foden

REGISTERED OFFICE

20 Cross Street

Bridgtown

Cannock

Staffordshire

WS11 0BZ

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 03170980

ACCOUNTANTS

Cooper & Co.

Certified Public Accountants

Broad Court

57 Broad Street

Bridgtown

Cannock

WS11 0DA

Boardwise Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Boardwise Ltd

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				30,717				6,655
CURRENT ASSETS
Stock				1,075,650				1,157,887
Debtors		5		8,840				9,685
Cash at bank and in hand				4				4
				1,084,494				1,167,576
CREDITORS: Amounts falling due within one year		6		656,489				808,570
NET CURRENT ASSETS						428,005				359,006
TOTAL ASSETS LESS CURRENT LIABILITIES						458,722				365,661
CREDITORS: Amounts falling due after more than one year		7				24,706				-
NET ASSETS						434,016				365,661
CAPITAL AND RESERVES
Called up share capital		8				102				102
Profit and loss account						433,914				365,559
SHAREHOLDERS' FUNDS						434,016				365,661
For the year ending 31/03/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/11/2025 and signed on their behalf by
.............................
Mr I M Gregorelli
Director

Boardwise Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 20%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				6		6

Boardwise Ltd

3. TANGIBLE FIXED ASSETS
		Long Leasehold		Plant and		Commercial		Fixtures
		Properties		Machinery		Vehicles		and Fittings		Equipment		Total
		£		£		£		£		£		£
Cost
At 01/04/2024		26,721		19,387		66,392		31,649		43,330		187,479
Additions		-		-		35,066		-		-		35,066
At 31/03/2025		26,721		19,387		101,458		31,649		43,330		222,545
Depreciation
At 01/04/2024		26,721		18,949		61,210		31,112		42,832		180,824
For the year		-		66		10,290		150		498		11,004
At 31/03/2025		26,721		19,015		71,500		31,262		43,330		191,828
Net Book Amounts
At 31/03/2025		-		372		29,958		387		-		30,717
At 31/03/2024		-		438		5,182		537		498		6,655

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock				1,075,650		1,157,887
				1,075,650		1,157,887

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Directors current account				8,840		9,685
				8,840		9,685

Boardwise Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				21,251		23,673
VAT				43,386		29,632
PAYE control				2,602		2,501
Salaries and wages control				12,189		11,513
Directors current account				66,256		66,966
Bank loans and overdrafts				81,547		87,748
Bounce back loan				11,667		21,980
Credit card				9		9
Hire purchase				5,919		-
Trade creditors				373,843		526,137
Other creditors				33,487		33,487
Pension schemes				173		346
Accruals				4,160		4,578
				656,489		808,570

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Hire purchase >1yr				24,706		-
				24,706		-

8. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
2 Class B shares of £1 each				2		2
				102		102

9. RELATED PARTY TRANSACTIONS

Mr I M Gregorelli, a director of the company, holds a controlling interest of 66% in the issued share capital of the company. Mr I M Gregorelli also owns the premises from which the company conducts most of its business. During the year Mr Gregorelli charged £15,000 rent in respect of the property (2024: £17,300). Mr I M Gregorelli has also granted a mortgage debenture in favour of the company's bank as security for the overdraft facility.

Boardwise Ltd

10. SECURED CREDITOR

The following secured debts are included in creditors: bank overdraft £81,547 (2024: £87,748).