1 January 2024 false Taxfiler 2024.6 08499316business:PrivateLimitedCompanyLtd2024-01-012024-12-31 084993162023-12-31 084993162024-01-012024-12-31 08499316business:AuditExemptWithAccountantsReport2024-01-012024-12-31 08499316business:FilletedAccounts2024-01-012024-12-31 084993162024-12-31 08499316business:Director12024-01-012024-12-31 08499316business:Director22024-01-012024-12-31 08499316business:Director32024-01-012024-12-31 08499316business:Director42024-01-012024-12-31 08499316business:RegisteredOffice2024-01-012024-12-31 084993162023-12-31 08499316core:WithinOneYear2024-12-31 08499316core:WithinOneYear2023-12-31 08499316core:AfterOneYear2024-12-31 08499316core:AfterOneYear2023-12-31 08499316core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 08499316core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08499316core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 08499316core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08499316core:PreviouslyStatedAmount2024-12-31 08499316core:PreviouslyStatedAmount2023-12-31 08499316business:SmallEntities2024-01-012024-12-31 08499316countries:EnglandWales2024-01-012024-12-31 08499316core:MotorVehicles2024-01-012024-12-31 08499316core:FurnitureFittings2024-01-012024-12-31 08499316core:Goodwill2023-12-31 08499316core:Goodwill2024-12-31 08499316core:Goodwill2024-01-012024-12-31 08499316core:MotorVehicles2023-12-31 08499316core:FurnitureFittings2023-12-31 08499316core:MotorVehicles2024-12-31 08499316core:FurnitureFittings2024-12-31 08499316business:OrdinaryShareClass12024-01-012024-12-31 08499316business:OrdinaryShareClass12023-01-012023-12-31 08499316business:OrdinaryShareClass22024-01-012024-12-31 08499316business:OrdinaryShareClass22023-01-012023-12-31 08499316business:OrdinaryShareClass32024-01-012024-12-31 08499316business:OrdinaryShareClass32023-01-012023-12-31 08499316business:OrdinaryShareClass42024-01-012024-12-31 08499316business:OrdinaryShareClass42023-01-012023-12-31 08499316business:AllOrdinaryShares2024-01-012024-12-31 08499316business:AllOrdinaryShares2023-01-012023-12-31 084993162023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08499316 (England and Wales)
Bobblehat Limited Unaudited accounts for the year ended 31 December 2024
Bobblehat Limited Unaudited accounts Contents
Page
- 2 -
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
- 3 -
Bobblehat Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
15,176 
15,975 
Tangible assets
54,313 
39,939 
69,489 
55,914 
Current assets
Inventories
5,537 
29,367 
Debtors
195,830 
125,560 
Cash at bank and in hand
178,712 
98,009 
380,079 
252,936 
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)
Net assets
120,299 
56,772 
Capital and reserves
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
- 4 -
Bobblehat Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The financial statements are prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
Goodwill
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.
Pension costs
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
Deferred taxation
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.
- 5 -
Bobblehat Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
27,231 
At 31 December 2024
27,231 
Amortisation
At 1 January 2024
11,256 
Charge for the year
799 
At 31 December 2024
12,055 
Net book value
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 
Depreciation
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 
Net book value
At 31 December 2024
31,400 
22,913 
54,313 
At 31 December 2023
16,917 
23,022 
39,939 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
194,949 
123,896 
Accrued income and prepayments
- 
783 
Other debtors
881 
881 
195,830 
125,560 
- 6 -
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 
Accruals
7,229 
3,433 
Deferred income
46,285 
- 
305,329 
232,726 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,692 
19,352 
Obligations under finance leases and hire purchase contracts
18,248 
- 
23,940 
19,352 
9
Share capital
2024 
2023 
£ 
£ 
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 
400 
400 
10
Controlling party
The company is controlled by its directors.
11
Average number of employees
During the year the average number of employees was 8 (2023: 8).
- 7 -