Company Registration No. 08499316 (England and Wales)
Bobblehat Limited
Unaudited accounts
for the year ended 31 December 2024
Bobblehat Limited
Unaudited accounts
Contents
Bobblehat Limited
Company Information
for the year ended 31 December 2024
Directors
S J Madge
S R James
Mr F James
Mr B Newman
Company Number
08499316 (England and Wales)
Registered Office
Suite 2 Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Bobblehat Limited
Statement of financial position
as at 31 December 2024
Intangible assets
15,176
15,975
Tangible assets
54,313
39,939
Cash at bank and in hand
178,712
98,009
Creditors: amounts falling due within one year
(305,329)
(232,726)
Net current assets
74,750
20,210
Total assets less current liabilities
144,239
76,124
Creditors: amounts falling due after more than one year
(23,940)
(19,352)
Called up share capital
400
400
Profit and loss account
119,899
56,372
Shareholders' funds
120,299
56,772
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
Mr F James
Director
Company Registration No. 08499316
Bobblehat Limited
Notes to the Accounts
for the year ended 31 December 2024
Bobblehat Limited is a private company, limited by shares, registered in England and Wales, registration number 08499316. The registered office is Suite 2 Riverside Court, Castle Street, Barnstaple, Devon, EX31 1DR.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements are prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the compny's ordinary activities.
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 20 years.
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Motor vehicles
25% Reducing balance
Fixtures & fittings
10% Reducing balance
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods.
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occured at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Bobblehat Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
At 31 December 2024
27,231
At 31 December 2024
12,055
At 31 December 2024
15,176
At 31 December 2023
15,975
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
41,490
49,518
91,008
Additions
24,949
2,440
27,389
At 31 December 2024
66,439
51,958
118,397
At 1 January 2024
24,573
26,496
51,069
Charge for the year
10,466
2,549
13,015
At 31 December 2024
35,039
29,045
64,084
At 31 December 2024
31,400
22,913
54,313
At 31 December 2023
16,917
23,022
39,939
Amounts falling due within one year
Trade debtors
194,949
123,896
Accrued income and prepayments
-
783
Bobblehat Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
137,514
179,622
Taxes and social security
73,292
27,748
Other creditors
18,779
2,024
Loans from directors
22,230
19,899
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,248
-
Allotted, called up and fully paid:
100 Ordinary shares (Founder) of £1 each
100
100
100 Ordinary shares (Class A) of £1 each
100
100
100 Ordinary Shares (Class B) of £1 each
100
100
100 Ordinary Shares (Class C) of £1 each
100
100
The company is controlled by its directors.
11
Average number of employees
During the year the average number of employees was 8 (2023: 8).