Boutagy's Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01930314

BOUTAGY'S LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 June 2025

BOUTAGY'S LTD

FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

BOUTAGY'S LTD

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	E Cory
	J Cory

Registered office	152 Upper Richmond Road
	London
	SW15 2SW

Accountants	Wilkins Southworth
	Chartered Certified Accountants
	10-12 High Street
	Barnes
	London
	SW13 9LW

BOUTAGY'S LTD

STATEMENT OF FINANCIAL POSITION

30 June 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6	10,119,637	12,476,599
Investments	7	502,500	502,500
		---------------	---------------
		10,622,137	12,979,099

CURRENT ASSETS

Stocks		183,088	40,281
Debtors	8	153,791	314,963
		-----------	-----------
		336,879	355,244

CREDITORS: amounts falling due within one year	9	( 4,640,208)		( 5,029,919)
		--------------		--------------
NET CURRENT LIABILITIES			( 4,303,329)	( 4,674,675)
			---------------	---------------
TOTAL ASSETS LESS CURRENT LIABILITIES			6,318,808	8,304,424

CREDITORS: amounts falling due after more than one year	10		( 2,779,128)	( 4,592,348)

	( 896,460)	( 631,784)
	--------------	--------------
NET ASSETS	2,643,220	3,080,292
	--------------	--------------

CAPITAL AND RESERVES

Called up share capital	250,000	250,000
Profit and loss account	2,393,220	2,830,292
	--------------	--------------
SHAREHOLDERS FUNDS	2,643,220	3,080,292
	--------------	--------------

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 income statement has not been delivered.

BOUTAGY'S LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The 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 Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 June 2026 , and are signed on behalf of the board by:

J Cory

Director

Company registration number: 01930314

BOUTAGY'S LTD

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 152 Upper Richmond Road, London, SW15 2SW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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 profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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:

Long leasehold property	-	8% straight line
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance

Motor vehicles	-	20% reducing balance
Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets.

Stock and work in progress

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 stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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 as a finance cost in profit or loss in the period it arises.

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 as a finance cost 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 45 (2024: 50 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 July 2024 and 30 June 2025	5,199
	--------
Amortisation
At 1 July 2024 and 30 June 2025	5,199
	--------
Carrying amount
At 30 June 2025	–
	--------
At 30 June 2024	–
	--------

6. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Jul 2024	61,959	67,712	22,695	17,818,788	2,851	17,974,005
Additions	–	–	–	1,755,265	–	1,755,265
Disposals	–	–	–	( 3,049,786)	–	( 3,049,786)
	---------	---------	---------	--------------	--------	--------------
At 30 Jun 2025	61,959	67,712	22,695	16,524,267	2,851	16,679,484
	---------	---------	---------	--------------	--------	--------------
Depreciation
At 1 Jul 2024	61,959	66,672	22,207	5,344,984	1,584	5,497,406
Charge for the year	–	260	122	2,301,280	317	2,301,979
Disposals	–	–	–	( 1,239,538)	–	( 1,239,538)
	---------	---------	---------	--------------	--------	--------------
At 30 Jun 2025	61,959	66,932	22,329	6,406,726	1,901	6,559,847
	---------	---------	---------	--------------	--------	--------------
Carrying amount
At 30 Jun 2025	–	780	366	10,117,541	950	10,119,637
	---------	---------	---------	--------------	--------	--------------
At 30 Jun 2024	–	1,040	488	12,473,804	1,267	12,476,599
	---------	---------	---------	--------------	--------	--------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 June 2025	9,494,272
	--------------
At 30 June 2024	11,559,290
	---------------

7. Investments

	Other investments other than loans
	£
Cost
At 1 July 2024 and 30 June 2025	502,500
	-----------
Impairment
At 1 July 2024 and 30 June 2025	–
	-----------

Carrying amount
At 30 June 2025	502,500
	-----------
At 30 June 2024	502,500
	-----------

8. Debtors

	2025	2024
	£	£
Trade debtors	50,678	142,704
Other debtors	103,113	172,259
	-----------	-----------
	153,791	314,963
	-----------	-----------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	64,087	59,202
Trade creditors	531,942	488,977
Corporation tax	–	28,928
Social security and other taxes	235,101	457
Other creditors	3,809,078	4,452,355
	--------------	--------------
	4,640,208	5,029,919
	--------------	--------------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	10,307	19,116
Other creditors	2,768,821	4,573,232
	--------------	--------------
	2,779,128	4,592,348
	--------------	--------------