Boatwrights Estate Agents Ltd - Filleted accounts

Registered number

09514957

Boatwrights Estate Agents Ltd

Unaudited Filleted Accounts

31 December 2025

Boatwrights Estate Agents Ltd
Registered number:		09514957
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		1			1
Tangible assets	4		3,768			3,036
			3,769			3,037

Current assets
Debtors	5	105,102			89,372
Cash at bank and in hand		38,839			52,040
		143,941			141,412

Creditors: amounts falling due within one year	6	(81,386)			(86,576)

Net current assets			62,555			54,836

Net assets			66,324			57,873

Capital and reserves
Called up share capital			100			100
Profit and loss account			66,224			57,773

Shareholder's funds			66,324			57,873

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Boatwright
Director
Approved by the board on 14 September 2026

Boatwrights Estate Agents Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			13		11


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2025					1
	At 31 December 2025					1

	Amortisation
	At 31 December 2025					-

	Net book value
	At 31 December 2025					1
	At 31 December 2024					1

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2025	15,512		39,861		55,373
	Additions	-		1,397		1,397
	At 31 December 2025	15,512		41,258		56,770

	Depreciation
	At 1 January 2025	15,512		36,825		52,337
	Charge for the year	-		665		665
	At 31 December 2025	15,512		37,490		53,002

	Net book value
	At 31 December 2025	-		3,768		3,768
	At 31 December 2024	-		3,036		3,036


5	Debtors			2025		2024
£					£

	Trade debtors			36,473		58,998
	Other debtors			68,629		30,374
				105,102		89,372


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			17,991		6,165
	Taxation and social security costs			31,726		55,146
	Other creditors			31,669		25,265
				81,386		86,576


7	Pension commitments

	The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £7,010 (2024 - £5,572). Contributions totalling £1,436 (2024 - £1,187) were payable to the fund at the balance sheet date and are included in creditors.


8	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			81,600		59,583


9	Related party transactions

	At the balance sheet date, the director, Mr M Boatwright, had an outstanding loan balance owed to the company of £46,688. This was the maximum balance outstanding during the year. Mr Boatwright was charged interest at 2.25% on outstanding amounts up to 5 April 2025. Beneficial loan interest from this date has been accounted for as a benefit in kind.


10	Other information

	Boatwrights Estate Agents Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Boatwrights
	High Street Tisbury
	Salisbury
	SP3 6LD