Boundary Group Limited - Accounts to registrar - small 17.1.1

Boundary Group Limited - Accounts to registrar - small 17.1.1

BOUNDARY GROUP LIMITED - Company Information

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REGISTERED NUMBER: 00998730















Unaudited Financial Statements for the Year Ended 31 December 2016

for

Boundary Group Limited
Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ








Boundary Group Limited (Registered number: 00998730)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Boundary Group Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: J Rimmer
R Rimmer
S Rimmer





SECRETARY: R Rimmer





REGISTERED OFFICE: Hammond Road
Knowsley Industrial Estate North
Liverpool
Merseyside
L33 7UL





REGISTERED NUMBER: 00998730





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ
Page 1
Boundary Group Limited (Registered number: 00998730)

Abridged Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 900,863 934,994
Investments 5 952 952
901,815 935,946

CURRENT ASSETS
Debtors 1,422,671 1,112,339

CREDITORS
Amounts falling due within one year 1,170,766 772,364
NET CURRENT ASSETS 251,905 339,975
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,153,720
1,275,921

CREDITORS
Amounts falling due after more than one
year
(624,723
)
(785,312
)

PROVISIONS FOR LIABILITIES (49,309 ) (49,309 )
NET ASSETS 479,688 441,300

CAPITAL AND RESERVES
Called up share capital 22,504 22,504
Share premium 11,082 11,082
Revaluation reserve 6 - 384,522
Capital redemption reserve 7,500 7,500
Retained earnings 438,602 15,692
SHAREHOLDERS' FUNDS 479,688 441,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
Boundary Group Limited (Registered number: 00998730)

Abridged Balance Sheet - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 June 2017 and were signed on its behalf by:





R Rimmer - Director


The notes form part of these financial statements

Page 3
Boundary Group Limited (Registered number: 00998730)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Boundary Group Limited is a private company, limited by shares , registered in Not specified/Other. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life or, if held under a finance lease, over the lease term, whichever is shorter.

Property Improvement 12 years on cost
Fixtures & Fittings: 15% on cost
Motor vehicles: 25% on cost
Computer equipment: 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Page 4 continued...
Boundary Group Limited (Registered number: 00998730)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2016 1,015,886
Additions 27,544
Disposals (35,000 )
At 31 December 2016 1,008,430
DEPRECIATION
At 1 January 2016 80,892
Charge for year 31,925
Eliminated on disposal (5,250 )
At 31 December 2016 107,567
NET BOOK VALUE
At 31 December 2016 900,863
At 31 December 2015 934,994

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2016 166,850
Disposals (35,000 )
At 31 December 2016 131,850
DEPRECIATION
At 1 January 2016 37,951
Charge for year 17,240
Eliminated on disposal (5,250 )
At 31 December 2016 49,941
NET BOOK VALUE
At 31 December 2016 81,909
At 31 December 2015 128,899

Page 5 continued...
Boundary Group Limited (Registered number: 00998730)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2016
and 31 December 2016 952
NET BOOK VALUE
At 31 December 2016 952
At 31 December 2015 952

6. RESERVES
Revaluation
reserve
£   
At 1 January 2016 384,522
Transfer (384,522 )

At 31 December 2016 -

7. RELATED PARTY DISCLOSURES

The group received a total income of £115,000 (2015: £590,000) by way of dividends from its related party,
Boundary Plant Sales Limited. Boundary Group holds 96.15% shares in Boundary Plant Sales Limited.

As at 31/12/16, the company owed £355,052 to Boundary Plant Ltd. The company was owed £663,349 from
Boundary Plant Sales Ltd, £654,158 from Boundary Group (Properties) Ltd, £39,440 from R.W.Barton (Plant
Hire) Ltd.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Roger Rimmer, by virtue of a majority shareholding in the
company

Page 6