REGISTERED NUMBER: 07494676 (England and Wales)

Boyden Executive Search Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Lisa Farmer

Nicholas Robeson

REGISTERED OFFICE:

1 Bell Street

London

United Kingdom

NW1 5BY

REGISTERED NUMBER:

07494676 (England and Wales)

ACCOUNTANTS:

DSJ Partners (UK) Limited

2nd Floor

1 Bell Street

London

NW1 5BY

FIXED ASSETS

Tangible assets

4

29,018

29,552

CURRENT ASSETS

Debtors

5

1,759,510

1,682,890

Cash at bank and in hand

37,679

29,538

1,797,189

1,712,428

CREDITORS

Amounts falling due within one year

6

(2,338,382

)

(1,578,500

)

NET CURRENT (LIABILITIES)/ASSETS

(541,193

)

133,928

TOTAL ASSETS LESS CURRENT LIABILITIES

(512,175

)

163,480

CREDITORS

Amounts falling due after more than one year

7

(62,459

)

(152,522

)

PROVISIONS FOR LIABILITIES

(7,273

)

(7,386

)

NET (LIABILITIES)/ASSETS

(581,907

)

3,572

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

8,310

6,310

Retained earnings

(590,317

)

(2,838

)

(581,907

)

3,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

Nicholas Robeson - Director

1.	STATUTORY INFORMATION

Boyden Executive Search Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery - 33% straight line

Computer equipment - 33% straight line

Motor Vehicle - 14% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

67,986

36,584

60,525

165,095

Additions

17,501

-

-

17,501

At 31 December 2024

85,487

36,584

60,525

182,596

DEPRECIATION

At 1 January 2024

64,470

10,548

60,525

135,543

Charge for year

11,706

6,329

-

18,035

At 31 December 2024

76,176

16,877

60,525

153,578

NET BOOK VALUE

At 31 December 2024

9,311

19,707

-

29,018

At 31 December 2023

3,516

26,036

-

29,552

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,421,599

1,266,680

Other debtors

337,911

416,210

1,759,510

1,682,890

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

609,873

511,605

Taxation and social security

633,016

370,384

Other creditors

1,095,493

696,511

2,338,382

1,578,500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

62,459

152,522

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

126,419

126,416

Between one and five years

505,674

505,674

632,093

632,090

9.	RELATED PARTY DISCLOSURES

At the year end the company owed Nicholas Robeson, a director and shareholder of the company, £179,858 (2023: £47,453) and Lisa Farmer, a director and shareholder of the company, £54,965 (2023: £38).

No interest is being accrued on these loans.

During the period, total dividends of £Nil (2023: £243,228) were paid to the directors.

At the year end the company is owed £190,162 (2023: £192,465) from Boyden Ireland Ltd.