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Company Registration No. 14134258 (England and Wales)
Bubble Xplosion Ltd Unaudited accounts for the period from 26 May 2022 to 31 May 2023
Bubble Xplosion Ltd Unaudited accounts Contents
Page
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Bubble Xplosion Ltd Company Information for the period from 26 May 2022 to 31 May 2023
Director
Mr Javed Iqbal
Company Number
14134258 (England and Wales)
Registered Office
17 KILLARNEY CRESCENT, WEST THURROCK, GRAYS, RM20 3BD UNITED KINGDOM
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Bubble Xplosion Ltd Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
24,000 
Tangible assets
37,374 
61,374 
Current assets
Inventories
7,458 
Debtors
37,135 
Cash at bank and in hand
3,491 
48,084 
Creditors: amounts falling due within one year
(159,965)
Net current liabilities
(111,881)
Net liabilities
(50,507)
Capital and reserves
Called up share capital
100 
Profit and loss account
(50,607)
Shareholders' funds
(50,507)
For the period ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2024 and were signed on its behalf by
Mr Javed Iqbal Director Company Registration No. 14134258
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Bubble Xplosion Ltd Notes to the Accounts for the period from 26 May 2022 to 31 May 2023
1
Statutory information
Bubble Xplosion Ltd is a private company, limited by shares, registered in England and Wales, registration number 14134258. The registered office is 17 KILLARNEY CRESCENT,, WEST THURROCK,, GRAYS,, RM20 3BD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 26 May 2022
- 
Additions
30,000 
At 31 May 2023
30,000 
Amortisation
At 26 May 2022
- 
Charge for the period
6,000 
At 31 May 2023
6,000 
Net book value
At 31 May 2023
24,000 
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Bubble Xplosion Ltd Notes to the Accounts for the period from 26 May 2022 to 31 May 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 26 May 2022
- 
- 
- 
Additions
27,918 
18,800 
46,718 
At 31 May 2023
27,918 
18,800 
46,718 
Depreciation
Charge for the period
5,584 
3,760 
9,344 
At 31 May 2023
5,584 
3,760 
9,344 
Net book value
At 31 May 2023
22,334 
15,040 
37,374 
6
Debtors
2023 
£ 
Amounts falling due within one year
VAT
4,333 
Trade debtors
14,302 
Accrued income and prepayments
18,500 
37,135 
7
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
21,577 
Other creditors
3,965 
Loans from directors
134,423 
159,965 
8
Average number of employees
During the period the average number of employees was 0.
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