Company Registration No. 04903608 (England and Wales)
MJ & SP BOUGHEN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MJ & SP BOUGHEN LIMITED
COMPANY INFORMATION
Directors
Mr M J Boughen
Mrs S P Boughen
Company number
04903608
Registered office
23 North Parade
Llandudno
Conwy
LL30 2LP
Accountants
Gareth Hughes & Co. Ltd
The Round House
Glan-y-Mor Road
Llandudno Junction
Conwy
LL31 9SN
MJ & SP BOUGHEN LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
MJ & SP BOUGHEN LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
30,001
35,001
Tangible assets
4
824,061
826,324
854,062
861,325
Current assets
Debtors
5
85,371
105,105
Cash at bank and in hand
27,440
3,996
112,811
109,101
Creditors: amounts falling due within one year
6
(75,640)
(73,193)
Net current assets
37,171
35,908
Total assets less current liabilities
891,233
897,233
Creditors: amounts falling due after more than one year
7
(22,225)
(27,476)
Net assets
869,008
869,757
Capital and reserves
Called up share capital
2,100
2,100
Profit and loss reserves
866,908
867,657
Total equity
869,008
869,757
MJ & SP BOUGHEN LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 March 2026 and are signed on its behalf by:
Mr M J Boughen
Director
Company registration number 04903608 (England and Wales)
MJ & SP BOUGHEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

MJ & SP Boughen Limited is a private company limited by shares incorporated in England and Wales. The registered office is 23 North Parade, Llandudno, Conwy, LL30 2LP.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

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

1.3
Intangible fixed assets - goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 10 years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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:

Fixtures and fittings
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MJ & SP BOUGHEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2025 and 31 December 2025
50,001
Amortisation and impairment
At 1 January 2025
15,000
Amortisation charged for the year
5,000
At 31 December 2025
20,000
Carrying amount
At 31 December 2025
30,001
At 31 December 2024
35,001
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2025 and 31 December 2025
815,010
21,888
836,898
Depreciation and impairment
At 1 January 2025
-
0
10,574
10,574
Depreciation charged in the year
-
0
2,263
2,263
At 31 December 2025
-
0
12,837
12,837
Carrying amount
At 31 December 2025
815,010
9,051
824,061
At 31 December 2024
815,010
11,314
826,324
MJ & SP BOUGHEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
85,371
105,105
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
5,250
5,150
Trade creditors
704
4,309
Taxation and social security
11,236
3,589
Other creditors
58,450
60,145
75,640
73,193
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
22,225
27,476
8
Directors' transactions
Loans
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Overdrawn directors' loan account
3.75
40,177
33,240
845
(53,860)
20,402
40,177
33,240
845
(53,860)
20,402
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