ACCOUNTS - Final Accounts

Registered number: 08320047

BOON GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BOON GROUP LIMITED

REGISTERED NUMBER: 08320047

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		100		100
			100		100
Current assets
Debtors: amounts falling due within one year	5	456,238		502,287
Cash at bank and in hand	6	316,862		347,773
		773,100		850,060
Creditors: amounts falling due within one year	7	(12,279)		(34)
Net current assets			760,821		850,026

Net assets			760,921		850,126

Capital and reserves
Called up share capital	8	208	208
Profit and loss account		760,713	849,918
		760,921	850,126

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BOON GROUP LIMITED

REGISTERED NUMBER: 08320047

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2026.

M E Boon

Director

The notes on pages 3 to 6 form part of these financial statements.

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BOON GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Boon Group Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 13 New Road, Wonersh, Guildford, England, GU5 0SF.

The company is the parent company of a group which specialises in the provision of electrical and mechanical contract services and property development and investment.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The financial statements of the company have been prepared on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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BOON GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Consolidated accounts

The company was a parent company and a member of a small group during the period. Therefore it is not required to prepare group accounts under the Companies Act 2006 and FRS 102.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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BOON GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 January 2025	100
	At 31 December 2025	100

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	456,238	165,648
Other debtors	-	336,639
	456,238	502,287

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	316,862	347,773
	316,862	347,773

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	-	34
Corporation tax	4,425	-
Other creditors	7,854	-
	12,279	34

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BOON GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

200 Ordinary shares of £1 each	200	200
2 Ordinary B shares of £1 each	2	2
2 Ordinary C shares of £1 each	2	2
2 Ordinary D shares of £1 each	2	2
2 Ordinary E shares of £1 each	2	2

	208	208

The Ordinary £1 shares have attached to them full voting and capital distribution (including on a winding-up) rights. The other classes of shares do not have such rights.

All classes of shares are treated as separate classes of shares for the payment of dividends and they do not confer any rights of redemption.

9.	Transactions with directors

Included within other creditors is an amount of £7,854 (2024 - £336,535 owed by) owed to the director and his spouse. The loan is interest free and repayable on demand.

10.	Related party transactions
	The company has taken advantage of the exemption in FRS102 from the requirement to disclose transactions with other wholly owned group companies.

11.	Controlling party

The ultimate controlling party is the director, M E Boon, by virtue of his majority shareholding.

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