BOAKES HOLDINGS LTD


Director	BOAKES, Russell


Registered Address	15 Riverside Studios Amethyst Road
	Newcastle Business Park
	Newcastle Upon Tyne
	NE4 7YL


Registered Number	11901904 (England and Wales)

Statement of Financial Position
28 February 2026

	Notes	28 Feb 2026		30 Mar 2025
		£	£	£	£
Fixed assets
Tangible assets	3		-		4,086
			-		4,086
Current assets
Debtors		46		29,518
Cash at bank and on hand		844		2,823
		890		32,341
Creditors amounts falling due within one year		(40,195)		(50,497)
Net current assets (liabilities)			(39,305)		(18,156)
Total assets less current liabilities			(39,305)		(14,070)
Creditors amounts falling due after one year			-		(15,030)
Net assets			(39,305)		(29,100)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(39,307)		(29,102)
Shareholders' funds			(39,305)		(29,100)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Director on 7 May 2026, and are signed on its behalf by:

BOAKES, Russell
Director
Registered Company No. 11901904

BOAKES HOLDINGS LTD

Notes to the Financial Statements
for the period ended 28 February 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The directors have prepared these financial statements on a basis other than going concern. The company ceased trading on 28/02/2026 and the directors intend to apply for the company to be struck off and dissolved following the completion of these accounts. All company assets have been disposed of prior to the balance sheet date and no residual value remained. Accordingly, the financial statements reflect a fully wound-down position. The financial statements have therefore been prepared on a break-up basis, with assets stated at nil and liabilities at their expected settlement amounts.

Going concern

The directors have prepared these financial statements on a basis other than going concern. The company ceased trading on 28/02/2026 and the directors intend to apply for the company to be struck off and dissolved following the completion of these accounts.

All company assets have been disposed of prior to the balance sheet date and no residual value remained. Accordingly, the financial statements reflect a fully wound-down position.

The financial statements have therefore been prepared on a break-up basis, with assets stated at nil and liabilities at their expected settlement amounts.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Government grants or assistance
	Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. The Government Grant balance is negative as an £11,000 receipt previously recorded as grant income has been reclassified as a loan, as it did not meet the definition of a government grant

Government grants or assistance

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

The Government Grant balance is negative as an £11,000 receipt previously recorded as grant income has been reclassified as a loan, as it did not meet the definition of a government grant

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 31 March 25	29,128
	Disposals	(29,128)
	Depreciation and impairment
	At 31 March 25	25,043
	Charge for year	354
	On disposals	(25,397)
	Net book value
	At 28 February 26	-
	At 30 March 25	4,086