7 01/07/2024 30/06/2025 2025-06-30 false false false false true false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-07-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 04417786 2024-07-01 2025-06-30 04417786 2025-06-30 04417786 2024-06-30 04417786 2023-07-01 2024-06-30 04417786 2024-06-30 04417786 2023-06-30 04417786 core:PlantMachinery 2024-07-01 2025-06-30 04417786 core:FurnitureFittingsToolsEquipment 2024-07-01 2025-06-30 04417786 bus:LeadAgentIfApplicable 2024-07-01 2025-06-30 04417786 bus:Director1 2024-07-01 2025-06-30 04417786 core:PlantMachinery 2024-06-30 04417786 core:FurnitureFittingsToolsEquipment 2024-06-30 04417786 core:PlantMachinery 2025-06-30 04417786 core:FurnitureFittingsToolsEquipment 2025-06-30 04417786 core:WithinOneYear 2025-06-30 04417786 core:WithinOneYear 2024-06-30 04417786 core:ShareCapital 2025-06-30 04417786 core:ShareCapital 2024-06-30 04417786 core:RetainedEarningsAccumulatedLosses 2025-06-30 04417786 core:RetainedEarningsAccumulatedLosses 2024-06-30 04417786 core:BetweenOneFiveYears 2024-06-30 04417786 core:PlantMachinery 2024-06-30 04417786 core:FurnitureFittingsToolsEquipment 2024-06-30 04417786 bus:Director1 2024-06-30 04417786 bus:Director1 2025-06-30 04417786 bus:Director1 2023-06-30 04417786 bus:Director1 2024-06-30 04417786 bus:SmallEntities 2024-07-01 2025-06-30 04417786 bus:Audited 2024-07-01 2025-06-30 04417786 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04417786 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04417786 bus:FullAccounts 2024-07-01 2025-06-30 04417786 core:ParentEntities 2024-07-01 2025-06-30 04417786 core:ParentEntities 2023-07-01 2024-06-30 04417786 1 2024-07-01 2025-06-30
Company registration number: 04417786
Boiler Spares Distribution Limited
Filleted financial statements
30 June 2025
Boiler Spares Distribution Limited
Contents
Directors responsibilities statement
Statement of financial position
Notes to the financial statements
Boiler Spares Distribution Limited
Directors responsibilities statement
Year ended 30 June 2025
The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Boiler Spares Distribution Limited
Statement of financial position
30 June 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 5,008 |  |  |  | 8,458 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 5,008 |  |  |  | 8,458
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 742,776 |  |  |  | 714,617 |  |
Debtors |  | 6 | 412,427 |  |  |  | 256,788 |  |
Cash at bank and in hand |  |  | 6,617 |  |  |  | 97,098 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 1,161,820 |  |  |  | 1,068,503 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 457,308) |  |  |  | ( 340,754) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 704,512 |  |  |  | 727,749
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 709,520 |  |  |  | 736,207
Provisions for liabilities |  |  |  |  | ( 1,252) |  |  |  | ( 1,607)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 708,268 |  |  |  | 734,600
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 708,168 |  |  |  | 734,500
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 708,268 |  |  |  | 734,600
|  |  |  |  | _______ |  |  |  | _______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 04 December 2025 , and are signed on behalf of the board by:
Mr R Strafino
Director
Company registration number: 04417786
Boiler Spares Distribution Limited
Notes to the financial statements
Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Brooklands House, 58 Marlborough Road, Lancing, West Sussex, BN15 8AF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25 % | reducing balance
| Fittings fixtures and equipment | - | 25 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).
5. Tangible assets

|  | Plant and machinery | Fixtures, fittings and equipment | Total |  |  |  |
|  | £ | £ | £ |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | 14,444 | 24,403 | 38,847 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 July 2024 | 10,505 | 19,884 | 30,389 |  |  |  |
| Charge for the year | 985 | 2,465 | 3,450 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 30 June 2025 | 11,490 | 22,349 | 33,839 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 30 June 2025 | 2,954 | 2,054 | 5,008 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |
| At 30 June 2024 | 3,939 | 4,519 | 8,458 |  |  |  |
|  | _______ | _______ | _______ |  |  |  |

6. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | 175,507 | 183,436
| Other debtors |  | 236,920 | 73,352
|  |  | _______ | _______
|  |  | 412,427 | 256,788
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Trade creditors |  | 357,198 | 224,714
| Corporation tax |  | - | 11,835
| Social security and other taxes |  | 9,536 | 12,779
| Other creditors |  | 90,574 | 91,426
|  |  | _______ | _______
|  |  | 457,308 | 340,754
|  |  | _______ | _______

8. Employee benefits
The amount recognised in profit or loss in relation to defined contribution plans was £ 6,139 (2024: £ 5,986 ).
9. Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:

| £ | £
Not later than 1 year | 44,917 | 49,000
Later than 1 year and not later than 5 years | - | 44,917
| _______ | _______
| 44,917 | 93,917
| _______ | _______

10. Events after the end of the reporting period
In September 2025 RSTR Holdings Ltd, a company controlled by the director, R Strafino, acquired 70% of the shares from Arbo S.R.L.
11. Summary audit opinion
The auditor's report dated 14 January 2026 was unqualified.
The senior statutory auditor was Sarah Johnson ACA for and on behalf of TC Group
12. Directors advances, credits and guarantees

| During the year the directors entered into the following advances and credits with the company: |  |  |  |  |  |
2025 |  |  |  |  |  |  |
|  | Balance brought forward | Amounts repaid | Balance o/standing |  |  |
|  | £ | £ | £ |  |  |
| Mr R Strafino | ( 2,413) | 829 | ( 1,584) |  |  |
|  | _______ | _______ | _______ |  |  |
2024 |  |  |  |  |  |  |
|  | Balance brought forward | Amounts repaid | Balance o/standing |  |  |
|  | £ | £ | £ |  |  |
| Mr R Strafino | ( 2,413) | - | ( 2,413) |  |  |
|  | _______ | _______ | _______ |  |  |

The loan is interest free unsecured and repayable on demand.
13. Related party transactions
During the year the company entered into the following transactions with related parties:

|  | Transaction value |  | Balance owed by /(owed to) |
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Arbo S.R.L. | 244,044 | 91,880 | ( 68,195) | ( 18,789)
| RSTR Holdings Limited | 200,000 | - | 200,000 | -
|  | _______ | _______ | _______ | _______

At 30 June 2025 the company owed £68,195 to it's parent undertaking Arbo S.R.L. (2024 - £18,789).
14. Controlling party
The company's parent undertaking is Arbo S.R.L., a company incorporated in Italy.