Boiler Engineering Limited - Period Ending 2022-12-31

Boiler Engineering Limited

Contents

Company Information	1
Profit and Loss Account and Statement of Retained Earnings	2
Balance Sheet	3
Notes to the Financial Statements	4 to 6

Boiler Engineering Limited

Company Information

Directors

Mr R P Baldwin Mr G J Hindle

Registered office

Unit 2A Burntbroom Court Byworth Boilers Queenslie Industrial Estate Glasgow G33 4DZ

Auditors

Kneeshaws Chartered Accountants & Statutory Auditors Fourth Floor St James House St James's Row Burnley Lancashire BB11 1DR

Boiler Engineering Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 December 2022

	Note	2022 £	2021 £
Turnover		-	-
Operating profit/(loss)		-	-
Profit/(loss) before tax		-	-
Profit/(loss) for the financial year		-	-
Retained earnings brought forward		-	-
Retained earnings carried forward		-	-

Boiler Engineering Limited

(Registration number: SC057173)
Balance Sheet as at 31 December 2022

	Note	2022 £	2021 £
Current assets
Debtors	4	100	100
capital and reserves
Called up share capital		100	100
Total equity		100	100

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 23 June 2023 and signed on its behalf by:
 

......................................... Mr G J Hindle Director

Boiler Engineering Limited

Notes to the Financial Statements for the Year Ended 31 December 2022

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 2A Burntbroom Court Byworth Boilers
Queenslie Industrial Estate
Glasgow
G33 4DZ

These financial statements were authorised for issue by the Board on 23 June 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 23 June 2023 was Andrew Davies FCA, who signed for and on behalf of Kneeshaws.

.........................................

Tax

The current 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 taxable income.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Boiler Engineering Limited

Notes to the Financial Statements for the Year Ended 31 December 2022

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2021 - 3).

4

Debtors

Current	Note	2022 £	2021 £
Amounts owed by related parties	6	100	100

5	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

6	Related party transactions

Summary of transactions with parent

Byworth Boilers Ltd
 

Loans to related parties

2022	Parent £
At start of period	100
At end of period	100

2021	Parent £
At start of period	100
At end of period	100

Boiler Engineering Limited

Notes to the Financial Statements for the Year Ended 31 December 2022

7	Parent and ultimate parent undertaking

The company's immediate parent is Byworth Boilers Ltd, incorporated in England.

 The ultimate parent is Dennis Baldwin Industries Ltd, incorporated in England.

  These financial statements are available upon request from Parkwood Boiler Works, Parkwood Street, Keighley, West Yorkshire, BD21 4NW