Boughton Leigh Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 10377368 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

15 SEPTEMBER 2016 TO 30 SEPTEMBER 2017

FOR

BOUGHTON LEIGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L Martin

Mr E Blundell

REGISTERED OFFICE:

Boughton Leigh House

Brownsover Road

Rugby

Warwickshire

CV21 1AW

REGISTERED NUMBER:

10377368 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

1,024,269

CURRENT ASSETS

Debtors

5

92,493

Cash at bank

8,218

100,711

CREDITORS

Amounts falling due within one year

6

406,678

NET CURRENT LIABILITIES

(305,967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

718,302

CREDITORS

Amounts falling due after more than one year

7

701,812

NET ASSETS

16,490

CAPITAL AND RESERVES

Called up and paid share capital

750

Retained earnings

15,740

16,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 13 June 2018 and were signed on its behalf by:

Ms L Martin - Director

1.	STATUTORY INFORMATION

Boughton Leigh Limited is a private company, limited by shares , registered in England and Wales. 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.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the period 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 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

1,019,069

6,500

1,025,569

At 30 September 2017

1,019,069

6,500

1,025,569

DEPRECIATION

Charge for period

-

1,300

1,300

At 30 September 2017

-

1,300

1,300

NET BOOK VALUE

At 30 September 2017

1,019,069

5,200

1,024,269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

92,493

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

2,520

Other creditors

404,158

406,678

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to associates

133,062

Other creditors

568,750

701,812

Amounts falling due in more than five years:

Repayable by instalments

Mortgage more than 1 year

568,750

8.	RELATED PARTY DISCLOSURES

At the year end an amount of £223,409 was owed to the directors. The loan is interest free and no fixed

repayment terms have been agreed.

Included in other creditors is an amount of £111,704 that was owed to a shareholder at the year end. The loan

is interest free and no fixed repayment terms have been agreed.

Included in creditors is an amount of £133,062 owed to a company that is also run by the same directors of

Boughton Leigh Limited.