Bombina Services Limited 13524864 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is that of Landscape service activities Digita Accounts Production Advanced 6.30.9574.0 true 13524864 2022-08-01 2023-07-31 13524864 2023-07-31 13524864 bus:OrdinaryShareClass1 bus:OtherShareType 2023-07-31 13524864 core:CurrentFinancialInstruments 2023-07-31 13524864 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 13524864 core:Non-currentFinancialInstruments 2023-07-31 13524864 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 13524864 core:Goodwill 2023-07-31 13524864 core:MotorVehicles 2023-07-31 13524864 core:OfficeEquipment 2023-07-31 13524864 core:PlantMachinery 2023-07-31 13524864 bus:SmallEntities 2022-08-01 2023-07-31 13524864 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 13524864 bus:FullAccounts 2022-08-01 2023-07-31 13524864 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13524864 bus:RegisteredOffice 2022-08-01 2023-07-31 13524864 bus:Director1 2022-08-01 2023-07-31 13524864 bus:OrdinaryShareClass1 bus:OtherShareType 2022-08-01 2023-07-31 13524864 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13524864 core:Goodwill 2022-08-01 2023-07-31 13524864 core:MotorVehicles 2022-08-01 2023-07-31 13524864 core:OfficeEquipment 2022-08-01 2023-07-31 13524864 core:PlantMachinery 2022-08-01 2023-07-31 13524864 core:Vehicles 2022-08-01 2023-07-31 13524864 countries:AllCountries 2022-08-01 2023-07-31 13524864 2022-07-31 13524864 core:MotorVehicles 2022-07-31 13524864 core:OfficeEquipment 2022-07-31 13524864 core:PlantMachinery 2022-07-31 13524864 2021-07-22 2022-07-31 13524864 2022-07-31 13524864 bus:OrdinaryShareClass1 bus:OtherShareType 2022-07-31 13524864 core:CurrentFinancialInstruments 2022-07-31 13524864 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 13524864 core:Non-currentFinancialInstruments 2022-07-31 13524864 core:Non-currentFinancialInstruments core:AfterOneYear 2022-07-31 13524864 core:MotorVehicles 2022-07-31 13524864 core:OfficeEquipment 2022-07-31 13524864 core:PlantMachinery 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13524864

Bombina Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2023

 

Bombina Services Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Bombina Services Limited

Company Information

Director

Mr Neil Ellis

Registered office

The Mill Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS

Accountants

KRW Accountants Ltd
The Mill
Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS

 

Bombina Services Limited

(Registration number: 13524864)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

9,000

-

Tangible assets

5

36,263

6,051

 

45,263

6,051

Current assets

 

Debtors

6

3,932

2,424

Cash at bank and in hand

 

1,229

314

 

5,161

2,738

Creditors: Amounts falling due within one year

7

(12,042)

(8,787)

Net current liabilities

 

(6,881)

(6,049)

Total assets less current liabilities

 

38,382

2

Creditors: Amounts falling due after more than one year

7

(25,119)

-

Net assets

 

13,263

2

Capital and reserves

 

Called up share capital

1

1

Retained earnings

13,262

1

Shareholders' funds

 

13,263

2

For the financial year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 director on 15 November 2023
 

 

Bombina Services Limited

(Registration number: 13524864)
Balance Sheet as at 31 July 2023

.........................................
Mr Neil Ellis
Director

 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Mill Pury Hill Business Park
Alderton Road
Towcester
Northants
NN12 7LS
United Kingdom

These financial statements were authorised for issue by the director on 15 November 2023.

The company registration number is 13524864

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Straight Line

Motor Vehicles

20% Reducing Balance

Office Equipment

20% Straight Line

Goodwill

Goodwill is the difference between fair value of consideration paid for an acquired entity and the aggregate of the fair value of that's identifiable assets and liabilities.

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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. The company subsequently considers the recoverable value of the trade debtors. When assessing impairment of trade debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience.

 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight line basis.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

Additions acquired separately

10,000

10,000

At 31 July 2023

10,000

10,000

Amortisation

Amortisation charge

1,000

1,000

At 31 July 2023

1,000

1,000

Carrying amount

At 31 July 2023

9,000

9,000

5

Tangible assets

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 August 2022

7,195

369

-

7,564

Additions

2,216

116

30,889

33,221

At 31 July 2023

9,411

485

30,889

40,785

Depreciation

At 1 August 2022

1,439

74

-

1,513

Charge for the year

1,882

97

1,030

3,009

At 31 July 2023

3,321

171

1,030

4,522

Carrying amount

At 31 July 2023

6,090

314

29,859

36,263

At 31 July 2022

5,756

295

-

6,051

6

Debtors

Current

2023
£

2022
£

Trade debtors

2,856

2,223

Other debtors

1,076

201

 

3,932

2,424

 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

9

6,413

-

Trade creditors

 

118

-

Taxation and social security

 

-

3,344

Accruals and deferred income

 

500

-

Other creditors

 

5,011

5,443

 

12,042

8,787

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

9

25,119

-

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         
 

Bombina Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

9

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

HP and finance lease liability 1 (1-2 yrs)

6,413

-

HP and finance lease liability 1 (2-5 yrs)

18,706

-

25,119

-

2023
£

2022
£

Current loans and borrowings

HP and finance lease liability 1 (under 1yr)

6,413

-