Registered Number 01560112

BOUNDMERE LIMITED

Micro-entity Accounts

31 March 2025

BOUNDMERE LIMITED Registered Number 01560112

Micro-entity Balance Sheet as at 31 March 2025

Notes 2025 2024
£ £
Fixed Assets
671,085
671,190
Current Assets
697,601
522,322
Prepayments and accrued income
10,093
10,595
Creditors: amounts falling due within one year
(81,081)
(21,975)
Net current assets (liabilities)
626,613
510,942
Total assets less current liabilities
1,297,698
1,182,132
Accruals and deferred income
(4,725)
(4,026)
Total net assets (liabilities)
1,292,973
1,178,106
Capital and reserves
1,292,973
1,178,106
  • For the year ending 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 December 2025

And signed on their behalf by:
S Howe, Director

BOUNDMERE LIMITED Registered Number 01560112

Notes to the Micro-entity Accounts for the period ended 31 March 2025

1Employees
2025 2024
Average number of employees during the period 2 2

2Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover policy
Turnover represents fees received during the year from the company's principal activity.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 25% on reducing balance

Other accounting policies
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Foreign currency translation
Assets and liabilities denominated in foreign currencies have been translated at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transactions. All differences are taken to the profit and loss account.