Company No: 08051947 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	A J T Gorman
	C L Odams
	L J Odams

REGISTERED OFFICE	Unit 18 Brunel Industrial Park
	Brunel Drive
	Newark
	NG24 2EG
	United Kingdom

COMPANY NUMBER

08051947 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	0		148,000
Tangible assets	4	34,622		40,824
		34,622		188,824
Current assets
Stocks		949,668		812,558
Debtors	5	699,386		644,598
Cash at bank and in hand		305,650		360,669
		1,954,704		1,817,825
Creditors: amounts falling due within one year	6	( 217,175)		( 258,824)
Net current assets		1,737,529		1,559,001
Total assets less current liabilities		1,772,151		1,747,825
Creditors: amounts falling due after more than one year	7	( 6,639)		( 63,051)
Provision for liabilities		( 4,457)		( 6,177)
Net assets		1,761,055		1,678,597
Capital and reserves
Called-up share capital	8	201		201
Profit and loss account		1,760,854		1,678,396
Total shareholders' funds		1,761,055		1,678,597

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Boolevard Cosmetics Ltd (registered number: 08051947) were approved and authorised for issue by the Board of Directors on 24 September 2025. They were signed on its behalf by:

A J T Gorman Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Boolevard Cosmetics Limited is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Income Statement in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related to taxes. The fair value of consideration takes into accounts trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

not amortised

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	9		9

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 June 2024	148,000		148,000
Disposals	( 148,000)		( 148,000)
At 31 May 2025	0		0
Accumulated amortisation
At 01 June 2024	0		0
At 31 May 2025	0		0
Net book value
At 31 May 2025	0		0
At 31 May 2024	148,000		148,000

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 June 2024	108,676		108,676
Additions	233		233
At 31 May 2025	108,909		108,909
Accumulated depreciation
At 01 June 2024	67,852		67,852
Charge for the financial year	6,435		6,435
At 31 May 2025	74,287		74,287
Net book value
At 31 May 2025	34,622		34,622
At 31 May 2024	40,824		40,824

5. Debtors

	2025		2024
	£		£
Amounts owed by directors (note 10)	130,895		0
Prepayments	37,103		31,811
VAT recoverable	0		54,477
Other debtors	531,388		558,310
	699,386		644,598

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	45,454		127,589
Trade creditors	56,856		71,518
Amounts owed to directors (note 10)	0		719
Accruals	5,494		1,071
Taxation and social security	102,529		51,546
Obligations under finance leases and hire purchase contracts	6,087		5,860
Other creditors	755		521
	217,175		258,824

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	3,510		53,835
Obligations under finance leases and hire purchase contracts	3,129		9,216
	6,639		63,051

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
50 A ordinary shares of £ 1.00 each	50		50
50 B ordinary shares of £ 1.00 each	50		50
1 C ordinary share of £ 1.00	1		1
100 Ordinary shares of £ 1.00 each	100		100
	201		201

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	42,734		42,734
between one and five years	42,734		42,734
after five years	42,734		85,468
	128,202		170,936

10. Related party transactions

Transactions with the entity’s directors (or members of its governing body)

Amounts owed by directors

	2025		2024
	£		£
A Gorman	130,895		0