Bodee Limited 12478794 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is Print consultancy and anti-microbial solutions. Digita Accounts Production Advanced 6.30.9574.0 true true 12478794 2022-03-01 2023-02-28 12478794 2023-02-28 12478794 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-02-28 12478794 core:CurrentFinancialInstruments 2023-02-28 12478794 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 12478794 core:MotorVehicles 2023-02-28 12478794 core:OtherPropertyPlantEquipment 2023-02-28 12478794 bus:SmallEntities 2022-03-01 2023-02-28 12478794 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 12478794 bus:FullAccounts 2022-03-01 2023-02-28 12478794 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 12478794 bus:RegisteredOffice 2022-03-01 2023-02-28 12478794 bus:Director1 2022-03-01 2023-02-28 12478794 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-03-01 2023-02-28 12478794 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 12478794 core:MotorVehicles 2022-03-01 2023-02-28 12478794 core:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 12478794 core:PlantMachinery 2022-03-01 2023-02-28 12478794 core:OtherRelatedParties 2022-03-01 2023-02-28 12478794 countries:AllCountries 2022-03-01 2023-02-28 12478794 2022-02-28 12478794 core:MotorVehicles 2022-02-28 12478794 core:OtherPropertyPlantEquipment 2022-02-28 12478794 2020-02-24 2022-02-28 12478794 2022-02-28 12478794 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-02-28 12478794 core:CurrentFinancialInstruments 2022-02-28 12478794 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 12478794 core:MotorVehicles 2022-02-28 12478794 core:OtherPropertyPlantEquipment 2022-02-28 12478794 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2020-02-24 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12478794

Bodee Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2023

 

Bodee Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Bodee Limited

Company Information

Director

Mr Andrew Hurley

Registered office

Clever Accounts Limited
Brookfield Court
Selby Road
Leeds
LS25 1NB

Accountants

Clever Accounts Limited
Brookfield Court
Selby Road
Leeds
LS25 1NB

 

Bodee Limited

(Registration number: 12478794)
Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

390

17,390

Current assets

 

Debtors

10,271

3,894

Cash at bank and in hand

 

-

983

 

10,271

4,877

Creditors: Amounts falling due within one year

(10,650)

(38,939)

Net current liabilities

 

(379)

(34,062)

Net assets/(liabilities)

 

11

(16,672)

Capital and reserves

 

Called up share capital

5

10

10

Retained earnings

1

(16,682)

Shareholders' funds/(deficit)

 

11

(16,672)

For the financial year ending 28 February 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Bodee Limited

(Registration number: 12478794)
Balance Sheet as at 28 February 2023

Approved and authorised by the director on 30 January 2024
 

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

Mr Andrew Hurley
Director

 

Bodee Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 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:
Clever Accounts Limited
Brookfield Court
Selby Road
Leeds
LS25 1NB

These financial statements were authorised for issue by the director on 30 January 2024.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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 current 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.

 

Bodee Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

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.

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 & Machinery

25% Reducing Balance

Motor Vehicle

25% Reducing Balance

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. 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.

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

 

Bodee Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

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.

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 2 (2022 - 0).

 

Bodee Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

4

Tangible assets

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2022

29,990

926

30,916

Disposals

(29,990)

-

(29,990)

At 28 February 2023

-

926

926

Depreciation

At 1 March 2022

13,120

406

13,526

Charge for the year

-

130

130

Eliminated on disposal

(13,120)

-

(13,120)

At 28 February 2023

-

536

536

Carrying amount

At 28 February 2023

-

390

390

At 28 February 2022

16,870

520

17,390

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary Shares of £1 (2022 - £0) each

10

10

-

-

         

6

Loans and borrowings

2023
£

2022
£

Current loans and borrowings

Bank overdrafts

3

-

Other borrowings

-

9,167

3

9,167

 

Bodee Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

7

Related party transactions

Summary of transactions with other related parties

Included in debtors is balance of £10,271 for overdrawn director loan account which was cleared before end of November 2023.