REGISTERED NUMBER: 00916700 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Boss & Co.Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

745,681

795,745

Investments

5

1

1

745,682

795,746

CURRENT ASSETS

Stocks

4,560,017

4,545,419

Debtors

6

1,063,605

783,268

Cash at bank and in hand

1,496,757

926,423

7,120,379

6,255,110

CREDITORS

Amounts falling due within one year

7

6,956,961

6,701,881

NET CURRENT ASSETS/(LIABILITIES)

163,418

(446,771

)

TOTAL ASSETS LESS CURRENT LIABILITIES

909,100

348,975

CAPITAL AND RESERVES

Called up share capital

6,309,562

6,309,562

Retained earnings

(5,400,462

)

(5,960,587

)

SHAREHOLDERS' FUNDS

909,100

348,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:

A S Demoulas - Director

1.	STATUTORY INFORMATION

Boss & Co.Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00916700

Registered office:

The Caxton House

110 Kew Green

Richmond

Surrey

TW9 3AP

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Boss & Co.Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 10% straight line

Fixtures & fittings - 20% straight line

Motor Vehicles - 33% straight line

Computer Equipment - 50% straight line

The directors consider a depreciation charge on Intellectual Property which also includes old recording details of every gun manufactured by the company is not material as there is no diminution in value and therefore not provided in the accounts.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

The company holds 100% of the ordinary share capital of Phillipson & Co. Limited, a machining company.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

15,936

1,376,173

217,511

94,697

1,704,317

Additions

-

8,112

247

6,974

15,333

Reclassification/transfer

(6,347

)

783

5,564

-

-

At 31 December 2024

9,589

1,385,068

223,322

101,671

1,719,650

DEPRECIATION

At 1 January 2024

6,848

590,215

217,511

93,998

908,572

Charge for year

1,691

57,880

3,675

2,151

65,397

At 31 December 2024

8,539

648,095

221,186

96,149

973,969

NET BOOK VALUE

At 31 December 2024

1,050

736,973

2,136

5,522

745,681

At 31 December 2023

9,088

785,958

-

699

795,745

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

214,706

73,670

Amounts owed by group undertakings

473,970

308,910

Other debtors

374,929

400,688

1,063,605

783,268

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

71,793

57,780

Taxation and social security

52,399

21,983

Other creditors

6,832,769

6,622,118

6,956,961

6,701,881

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

70,000

-

Between one and five years

18,206

87,769

88,206

87,769