REGISTERED NUMBER:
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BOLCOURT LIMITED |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 1 JULY 2018 TO 31 DECEMBER 2019 |
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REGISTERED NUMBER:
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BOLCOURT LIMITED |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 1 JULY 2018 TO 31 DECEMBER 2019 |
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BOLCOURT LIMITED (REGISTERED NUMBER: 10256735) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 1 July 2018 to 31 December 2019 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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BOLCOURT LIMITED |
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COMPANY INFORMATION |
for the period 1 July 2018 to 31 December 2019 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Station House |
Connaught Road |
Brookwood |
Woking |
Surrey |
GU24 0ER |
BOLCOURT LIMITED (REGISTERED NUMBER: 10256735) |
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BALANCE SHEET |
31 December 2019 |
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2019 | 2018 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
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Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 | ( |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
( |
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( |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Retained earnings | 8 | ( |
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SHAREHOLDERS' FUNDS | ( |
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The director acknowledges his 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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director and authorised for issue on
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BOLCOURT LIMITED (REGISTERED NUMBER: 10256735) |
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NOTES TO THE FINANCIAL STATEMENTS |
for the period 1 July 2018 to 31 December 2019 |
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1. | STATUTORY INFORMATION |
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Bolcourt Limited is a
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registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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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. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was NIL (2018 - NIL). |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Other debtors |
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BOLCOURT LIMITED (REGISTERED NUMBER: 10256735) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 1 July 2018 to 31 December 2019 |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Bank loans and overdrafts (see note 6) |
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Other loans (see note 6) |
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Trade creditors |
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Other creditors |
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Directors' current accounts | 1,341 | - |
Accrued expenses |
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6. | LOANS |
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An analysis of the maturity of loans is given below: |
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2019 | 2018 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans |
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Other loans |
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7. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
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Ordinary | 1 | 1 | 1 |
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8. | RESERVES |
Retained |
earnings |
£ |
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At 1 July 2018 | ( |
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Deficit for the period | ( |
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At 31 December 2019 | ( |
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BOLCOURT LIMITED (REGISTERED NUMBER: 10256735) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 1 July 2018 to 31 December 2019 |
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9. | RELATED PARTY DISCLOSURES |
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Boltstar Ltd is a company incorporated in the British Virgin Islands and is the parent company of Bolcourt Ltd. At |
the end of the period amount of loan outstanding is £100,000 and is repayable on demand. |
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The controlling party of Boltstar Ltd is the sole shareholder of Nismore Ltd, LS 10 Ltd and Toncres Ltd. |
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At the end of the year the company owed £339,895 (2018: £330,900) to Nismore Limited, NIL (2018: £6,000) to LS |
10 Limited and £80,500 (2018: £80,000) to Toncres Limited. |
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At the balance sheet date the company owed £123,402 (2018: £202,412) to the controlling party of the company. |
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Siza Holdings Ltd is a company wholly or beneficially owned by the director. At the balance sheet date the company |
was owed £7,746 from Siza Holdings Ltd. (2018: £17,000 was owed to Siza Holdings Ltd by the company).. |
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The loans are interest free and repayable on demand. |