Accounts filed on 31-03-2021


Registered number: 06531216






David R Boyne Property Solutions Limited


ACCOUNTS

FOR THE YEAR ENDED 31/03/2021
























Prepared By:
Robert Ogle Accountant
The Elms
Doncaster Road
Rotherham
South Yorkshire
S65 1DY


David R Boyne Property Solutions Limited


ACCOUNTS
FOR THE YEAR ENDED 31/03/2021





DIRECTORS
David Richard Boyne
Alison Joy Boyne



SECRETARY
Alison Joy Boyne


REGISTERED OFFICE
The Cottage
Scaftworth
Doncaster
South Yorkshire
DN10 6BL


COMPANY DETAILS
registered in England, registered number 06531216



ACCOUNTANTS
Robert Ogle Accountant
The Elms
Doncaster Road
Rotherham
South Yorkshire
S65 1DY


ACCOUNTS
FOR THEYEARENDED31/03/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	2		391,393		91,400
Investment Assets	3		5,326		5,326

			396,719		96,726

CURRENT ASSETS
Stock		20,000		90,000
Debtors	6	34		-
Cash at bank and in hand		220,204		27,862
		240,238		117,862
CREDITORS: Amounts falling due within one year	7	120,185		80,685
NET CURRENT ASSETS			120,053		37,177
TOTAL ASSETS LESS CURRENT LIABILITIES			516,772		133,903


CREDITORS: Amounts falling due after more than one year	8		50,000		-

NET ASSETS			466,772		133,903

CAPITAL AND RESERVES

Called up share capital	10		2		2
Profit and loss account			466,770		133,901
SHAREHOLDERS' FUNDS			466,772		133,903

For the year ending 31/03/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/08/2021 and signed on their behalf by



.............................
David Richard Boyne
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 20%
Equipment		reducing balance 20%
Motor Cars		reducing balance 25%




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




4. INVESTMENT PROPERTIES

	Investment
	Properties	Total
	£	£
Fair value
Additions	319,300	319,300
At 31/03/2021	319,300	319,300
All investment properties owned by the company are valued at market value by the directors.




6. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
PAYE control	34	-
	34	-




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	106,932	33,953
VAT	3,159	31,591
PAYE control	-	141
Salaries and wages control	1,159	-
Directors current account	6,585	6,065
Hire purchase	-	5,804
Pension schemes	-	781
Accruals	2,350	2,350
	120,185	80,685




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2021	2020
	£	£
Bank loans (unsecured) >1yr	50,000	-
	50,000	-




10. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	2	2
	2	2