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REGISTERED NUMBER: 10295153 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BONAS SNACKS LIMITED

BONAS SNACKS LIMITED (REGISTERED NUMBER: 10295153)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BONAS SNACKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr B G Arbib
Mr A Draper





REGISTERED OFFICE: 61 Hermonie House
Grosvenor Street
London
W1K 3JE





REGISTERED NUMBER: 10295153 (England and Wales)





ACCOUNTANTS: R Pau & Co Limited
Chartered Certified Accountants
12-16 Station Street East
Coventry
West Midlands
CV6 5FJ

BONAS SNACKS LIMITED (REGISTERED NUMBER: 10295153)

ABRIDGED BALANCE SHEET
31ST MARCH 2024

2024 2023
£    £   
CURRENT ASSETS
Cash at bank - 31,827

CREDITORS
Amounts falling due within one year - 24,180
NET CURRENT ASSETS - 7,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

-

7,647

CREDITORS
Amounts falling due after more than one
year

-

32,230
NET LIABILITIES - (24,583 )

CAPITAL AND RESERVES
Called up share capital 290 290
Share premium 4,701,899 4,701,899
Retained earnings (4,702,189 ) (4,726,772 )
- (24,583 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BONAS SNACKS LIMITED (REGISTERED NUMBER: 10295153)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th January 2025 and were signed on its behalf by:





Mr A Draper - Director


BONAS SNACKS LIMITED (REGISTERED NUMBER: 10295153)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Bonas Snacks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

TAXATION
Taxation for the year 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.

Current or deferred taxation assets and liabilities are not discounted.

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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 year end and that are expected to apply to the reversal of the timing difference.

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.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BONAS SNACKS LIMITED (REGISTERED NUMBER: 10295153)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


2. ACCOUNTING POLICIES - continued

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contributions pension scheme. Contributions payable to the company' pension scheme are charged to profit and loss in the period to which they relate.

The company provides a range of benefits to employees, including annual bonus arrangements, paid holidays arrangements and defined contributions pensions plans.

Short Term Benefits:
Short term benefits, including holidays pay and other similar non-monetary benefits, are recognized as an expenses in the period in which the services is received.

Annual Bonus plans:
The company recognizes a provision and an expenses for bonuses where the company has a legal or constructive obligation as a result of past events and a reliable estimate can be made. This can include discretionary bonuses which have been approved at the year end.

Defined contributions pension plans:
The company operates a defined contributions plan. A defined contributions plan is a pension plan under which the company pays contributions into a separate fund. Under defined contributions plans, the company has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee services in the current and prior periods.

For defined contributions plans, the company pays contributions to privately administered pension on a contractual or voluntary basis. The company has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefits expenses when they are due. Prepaid continuations are recognized as an assets to the extent that a cash refund or a reductions in the future payments is available.

SHARE-BASED PAYMENTS
Where share options are awarded to employees, the fair value of the options at the date of grants is charged to the statement of comprehensive income over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instrument expected to vest at each balance sheet sate so that ultimately the cumulative amount recognized over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into fair value of th options grated. The cumulative expenses is not adjusted for failure to achieve a market vesting conditions.

The fair value of the award also takes into accounts non-vesting conditions. There are either factors beyond the control of either party, such as a target based on an index or factors which are within the control of one or other of the parties, such as the company keeping the scheme open or the employee maintaining any contributions required by the scheme.

Where the terms and conditions of optics are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modifications, is also charged to statement of comprehensive income over the remaining vesting period.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 7 ).