Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31Retail2023-09-01false1714falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11508051 2023-09-01 2024-08-31 11508051 2022-09-01 2023-08-31 11508051 2024-08-31 11508051 2023-08-31 11508051 c:Director2 2023-09-01 2024-08-31 11508051 d:OfficeEquipment 2023-09-01 2024-08-31 11508051 d:OfficeEquipment 2024-08-31 11508051 d:OfficeEquipment 2023-08-31 11508051 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11508051 d:CurrentFinancialInstruments 2024-08-31 11508051 d:CurrentFinancialInstruments 2023-08-31 11508051 d:Non-currentFinancialInstruments 2024-08-31 11508051 d:Non-currentFinancialInstruments 2023-08-31 11508051 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11508051 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11508051 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 11508051 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 11508051 d:ShareCapital 2024-08-31 11508051 d:ShareCapital 2023-08-31 11508051 d:RetainedEarningsAccumulatedLosses 2024-08-31 11508051 d:RetainedEarningsAccumulatedLosses 2023-08-31 11508051 c:FRS102 2023-09-01 2024-08-31 11508051 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11508051 c:FullAccounts 2023-09-01 2024-08-31 11508051 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11508051 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 11508051














BUMBLES AND BOO LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
BUMBLES AND BOO LTD
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 7

 
BUMBLES AND BOO LTD
REGISTERED NUMBER:11508051

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
13,212
4,279

  
13,212
4,279

Current assets
  

Stocks
  
104,191
267,469

Debtors: amounts falling due within one year
 5 
115,716
23,432

Cash at bank and in hand
  
114
102,874

  
220,021
393,775

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(371,342)
(339,164)

Net current (liabilities)/assets
  
 
 
(151,321)
 
 
54,611

Total assets less current liabilities
  
(138,109)
58,890

Creditors: amounts falling due after more than one year
 7 
(20,643)
(26,436)

  

Net (liabilities)/assets
  
(158,752)
32,454


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(159,752)
31,454

  
(158,752)
32,454

Page 1

 
BUMBLES AND BOO LTD
REGISTERED NUMBER:11508051
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E S Phillips
Director

Date: 31 March 2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
BUMBLES AND BOO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Bumbles and Boo Ltd is a private company limited by shares incorporated in England and Wales Its registered office is 16 Suttons Park Avenue, Earley, Reading, England, RG6 1AZ. 
The principal activity of the Company continued to be that of retail of baby hampers, clothing and accessories.
The Company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company made a loss for the year and at the balance sheet date has net current liabilities and net liabilities. The Directors have obtained assurance from the shareholders that funds will be made available to the company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

 
2.3

Turnover

Turnover is the amount receivable for the supply of goods falling within the Company's ordinary activities, exclusive of Value Added Tax.
Sales of goods are recognised when the goods have been delivered.

 
2.4

Borrowing costs

All borrowing costs are recognised in the Statement of Comprehensive Income in the year in which they are incurred.

 
2.5

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
BUMBLES AND BOO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
BUMBLES AND BOO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
 
 
2.12

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 17 (2023 -14).

Page 5

 
BUMBLES AND BOO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Office equipment

£



Cost


At 1 September 2023
10,258


Additions
15,035



At 31 August 2024

25,293



Depreciation


At 1 September 2023
5,979


Charge for the year on owned assets
6,102



At 31 August 2024

12,081



Net book value



At 31 August 2024
13,212



At 31 August 2023
4,278


5.


Debtors

2024
2023
£
£


Trade debtors
13,245
2,530

Other debtors
63,581
14,930

Prepayments and accrued income
38,890
5,972

115,716
23,432


Page 6

 
BUMBLES AND BOO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
3,000
3,000

Other loans
79,336
203,016

Trade creditors
203,052
56,472

Taxation and social security
19,769
18,386

Other creditors
57,326
54,914

Accruals and deferred income
8,859
3,376

371,342
339,164



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,505
5,250

Other loans
18,138
21,186

20,643
26,436



8.


Related party transactions

Included within other debtors are amounts totalling £17,115 (2023 - £7,765) due from directors. These amounts are accruing interest and were repaid within nine months of the year-end.
Included within other creditors are amounts totalling £Nil (2023 - £5,250) due to directors. These amounts are interest free and repayable on demand.

 
Page 7