Bo & Ko Limited - Filleted accounts

Registered number

15363967

Bo & Ko Limited

Filleted Accounts

31 December 2024

Bo & Ko Limited
Registered number:		15363967
Balance Sheet
as at 31 December 2024

Notes			2024
£
Fixed assets
Tangible assets	3		8,090

Current assets
Debtors	4	10,556
Cash at bank and in hand		1,230
		11,786

Creditors: amounts falling due within one year	5	(25,298)

Net current liabilities			(13,512)

Net liabilities			(5,422)

Capital and reserves
Profit and loss account			(5,422)

Shareholders' funds			(5,422)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Larner
Director
Approved by the board on 19 September 2025

Bo & Ko Limited
Notes to the Accounts
for the period from 20 December 2023 to 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Computer Equipment	over 3 years
	Fixtures, fittings, tools and equipment	over 5 years

	Going Concern
	The company has an excess of liabilities over assets at 31st December 2024 and the company's ability to continue trading is dependant on the full support of the company's director and shareholder. The director considers that the company will continue to trade for the foreseeable future as the director and shareholder intend to support the company and accordingly the financial statements are prepared on a going concern basis.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2024
Number

	Average number of persons employed by the company			1


3	Tangible fixed assets
		Computer Equipment		Fixtures & Fittings		Total
£			£		£
	Cost
	Additions	1,780		7,755		9,535
	At 31 December 2024	1,780		7,755		9,535

	Depreciation
	Charge for the period	594		851		1,445
	At 31 December 2024	594		851		1,445

	Net book value
	At 31 December 2024	1,186		6,904		8,090


4	Debtors			2024
£

	Trade debtors			10,556


5	Creditors: amounts falling due within one year			2024
£

	Directors Account			21,313
	Taxation and social security costs			2,985
	Other creditors			1,000
				25,298


6	Other information

	Bo & Ko Limited is a private company limited by shares and incorporated in England. Its registered office is:
	9 Dallington Street
	London
	EC1V 0LN