| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 |
| FOR |
| BOSON CAPITAL LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 |
| FOR |
| BOSON CAPITAL LTD |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BOSON CAPITAL LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Marlborough House |
| 298 Regents Park Road |
| London |
| N3 2SZ |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| BALANCE SHEET |
| 31 AUGUST 2024 |
| 31.8.24 | 31.8.23 |
| Notes | $ | $ | $ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Share premium | 9 |
| Revaluation reserve | 9 | ( |
) | ( |
) |
| Retained earnings | 9 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| BALANCE SHEET - continued |
| 31 AUGUST 2024 |
| The financial statements were approved by the director and authorised for issue on |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| 1. | STATUTORY INFORMATION |
| Boson Capital Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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. |
| 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. |
| Going concern disclosure |
| The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Unlisted |
| investments |
| $ |
| COST OR VALUATION |
| At 1 September 2023 |
| Additions |
| Revaluations | ( |
) |
| At 31 August 2024 |
| NET BOOK VALUE |
| At 31 August 2024 |
| At 31 August 2023 |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Cost or valuation at 31 August 2024 is represented by: |
| Unlisted |
| investments |
| $ |
| Valuation in 2024 | 58,294 |
| The value of $58,294 is made up of 12% investment in Value Chain Lab Ltd. |
| 5. | DEBTORS |
| 31.8.24 | 31.8.23 |
| $ | $ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| R&D tax credit | 96,783 | 109,185 |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.24 | 31.8.23 |
| $ | $ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Social security and other taxes |
| Director's current account | 147,498 | 147,499 |
| Accruals and deferred income |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.24 | 31.8.23 |
| $ | $ |
| Bank loans > 1 year |
| Other creditors |
| BOSON CAPITAL LTD (REGISTERED NUMBER: 07618856) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.24 | 31.8.23 |
| value: | $ | $ |
| Ordinary Shares | £1.55 | 4 | 1,559 | 1,559 |
| 9. | RESERVES |
| Retained | Share | Revaluation |
| earnings | premium | reserve | Totals |
| $ | $ | $ | $ |
| At 1 September 2023 | ( |
) | ( |
) | (331,756 | ) |
| Deficit for the year | ( |
) | ( |
) |
| Revaluation reserve | 225,137 | - | (225,137 | ) | - |
| At 31 August 2024 | ( |
) | ( |
) | (955,227 | ) |
| 10. | RELATED PARTY DISCLOSURES |
| At the balance sheet date, the company owed the company director Mr M Ostroumov $147,498 (2023 - $147,499). This loan is unsecured, interest free and repayable on demand. |
| Ultimate controlling party |
| The company is controlled by the directors. |
| 11. | TAXATION |
| The company has carried forward losses of £946,705 (2023 - £843,099) to offset against future profits. |