Boal Associates Ltd

Boal Associates Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Boal Associates Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	131,907	132,847
Investments	4	80,300	80,300
		212,207	213,147
Current assets
Cash at bank and in hand		20,760	28,600
Creditors: amount falling due within one year		(9,747)	(8,151)
Net current assets		11,013	20,449

Total assets less current liabilities		223,220	233,596
Accruals and deferred income		(1,725)	(850)
Net assets		221,495	232,746

Capital and reserves
Called up share capital		1	1
Profit and loss account		221,494	232,745
Shareholders' funds		221,495	232,746

For the year ended 31 March 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 26 November 2025 and were signed by:

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Linda Boal
Director

1

Boal Associates Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Boal Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 07616648, registration address Bustards Green Farm, Bustards Green, Forncett St Peter, Norwich, Norfolk, NR16 1JE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	10% Reducing Balance
Equipment	25% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Equipment	Total
	£	£	£	£
At 01 April 2024	126,261	10,952	10,928	148,141
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 March 2025	126,261	10,952	10,928	148,141
Depreciation
At 01 April 2024	-	6,238	9,056	15,294
Charge for year	-	472	468	940
On disposals	-	-	-	-
At 31 March 2025	-	6,710	9,524	16,234
Net book values
Closing balance as at 31 March 2025	126,261	4,242	1,404	131,907
Opening balance as at 01 April 2024	126,261	4,714	1,872	132,847

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	80,300	80,300
Additions	-	-
Disposals	-	-
At 31 March 2025	80,300	80,300

2

Registered Number: 07616648
England and Wales
BOAL ASSOCIATES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025