Registration number: 04295379

Boyce Equities Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Boyce Equities Limited

(Registration number: 04295379)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed Assets
Other financial assets	4	292	292
Current assets
Debtors	5	15	15
Cash at bank and in hand		55	76
		70	91
Creditors: Amounts falling due within one year	9	(522,601)	(1,739,836)
Net current liabilities		(522,531)	(1,739,745)
Net liabilities		(522,239)	(1,739,453)
Capital and Reserves
Called up share capital		2	2
Other reserves		(776,816)	(106,740)
Retained Earnings		254,575	(1,632,715)
Shareholders' deficit		(522,239)	(1,739,453)

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 July 2026 and signed on its behalf by:
 

......................................... A R Boyce Director

Boyce Equities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ruffles Barn Brookside
Dalham
Newmarket
CB8 8TG
England

These financial statements were authorised for issue by the Board on 10 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling, which is the functional currency of the company.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Boyce Equities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Boyce Equities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost
At 1 January 2025	107,032	107,032
At 31 December 2025	107,032	107,032
Fair value adjustments
At 1 January 2025	(106,740)	(106,740)
At 31 December 2025	(106,740)	(106,740)
Carrying amount
At 31 December 2025	292	292
At 31 December 2024	292	292

5

Debtors

Current	2025 £	2024 £
Trade Debtors	15	15
	15	15

6	Going Concern

As at 31 December 2025, the company had net liabilities of £522,238 (2024 ;£1,739,453 ). This included related party loans of £521,570 (2024: £1,738,805).

The directors have no reason to believe that there is any material uncertainty in relation to the ongoing provision of these loans.

Boyce Equities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7	Parent and ultimate parent undertaking

The company's immediate parent is Boyce Investment Group Limited, incorporated in England.

 The ultimate parent, in its capacity as trustee, is The RG Boyce Trustee Co Ltd, a company incorporated in Cyprus.

 

Boyce Equities Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Financial instruments

Categorisation of financial instruments

	2025  £	2024  £
Financial assets measured at fair value through profit or loss	292	292

Financial assets measured at fair value

Non Current Financial Assets
The fair value of the financial assets is based on the share issue prices.

The fair value is £292 (2024 - £292) and the change in value included in profit or loss is £Nil (2024 - £114).

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	1,030	1,030
Other creditors	521,571	1,738,806
	522,601	1,739,836