Company Registration No. 08212665 (England and Wales)
BUFFO LTD
Unaudited accounts
for the year ended 31 December 2024
BUFFO LTD
Unaudited accounts
Contents
BUFFO LTD
Company Information
for the year ended 31 December 2024
Directors
IGOR GALKIN
DMITRY YAMPLOSKIY
Company Number
08212665 (England and Wales)
Registered Office
45 FRITH STREET
LONDON
GREATER LONDON
W1D 4SD
ENGLAND
BUFFO LTD
Statement of financial position
as at 31 December 2024
Intangible assets
8,904
6,046
Tangible assets
268,406
294,221
Cash at bank and in hand
69,559
112,101
Creditors: amounts falling due within one year
(2,805,637)
(2,844,712)
Net current liabilities
(2,083,581)
(2,375,923)
Total assets less current liabilities
(1,806,271)
(2,075,656)
Creditors: amounts falling due after more than one year
(14,167)
(23,341)
Provisions for liabilities
Deferred tax
(12,192)
(12,192)
Net liabilities
(1,832,630)
(2,111,189)
Called up share capital
105,000
105,000
Profit and loss account
(1,937,630)
(2,216,189)
Shareholders' funds
(1,832,630)
(2,111,189)
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 17 September 2025 and were signed on its behalf by
IGOR GALKIN
Director
Company Registration No. 08212665
BUFFO LTD
Notes to the Accounts
for the year ended 31 December 2024
BUFFO LTD is a private company, limited by shares, registered in England and Wales, registration number 08212665. The registered office is 45 FRITH STREET, LONDON, GREATER LONDON, W1D 4SD, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RBM
Computer equipment
33% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 31 December 2024
17,972
BUFFO LTD
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
1,057,340
51,650
52,580
20,575
1,182,145
Additions
-
7,097
-
5,319
12,416
At 31 December 2024
1,057,340
58,747
52,580
25,894
1,194,561
At 1 January 2024
797,321
36,987
34,835
18,781
887,924
Charge for the year
26,002
5,440
4,436
2,353
38,231
At 31 December 2024
823,323
42,427
39,271
21,134
926,155
At 31 December 2024
234,017
16,320
13,309
4,760
268,406
At 31 December 2023
260,019
14,663
17,745
1,794
294,221
Amounts falling due within one year
Trade debtors
50,324
101,634
Amounts due from group undertakings etc.
30,383
10,021
Accrued income and prepayments
85,100
44,018
Other debtors
435,859
151,119
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
150,912
60,090
Amounts owed to group undertakings and other participating interests
2,014,324
2,132,635
Taxes and social security
67,825
34,199
Other creditors
485,137
532,877
Loans from directors
804
520
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 50 (2023: 43).