REGISTERED NUMBER: SC497817 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

BOSIE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs J C H Carle

Mr D Carle

Mr J C Watson

REGISTERED OFFICE:

Unit 14

Dales Industrial Estate

Peterhead

Aberdeenshire

AB42 3JF

REGISTERED NUMBER:

SC497817 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

28 Broad Street

Peterhead

Aberdeenshire

AB42 1BY

FIXED ASSETS

Intangible assets

3

19,660

1,800

Tangible assets

4

9,290

6,340

28,950

8,140

CURRENT ASSETS

Debtors

5

8,361

11,303

Cash at bank

599,508

397,393

607,869

408,696

CREDITORS

Amounts falling due within one year

6

134,162

91,350

NET CURRENT ASSETS

473,707

317,346

TOTAL ASSETS LESS CURRENT LIABILITIES

502,657

325,486

PROVISIONS FOR LIABILITIES

2,323

1,585

NET ASSETS

500,334

323,901

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

7

500,234

323,900

SHAREHOLDERS' FUNDS

500,334

323,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

Mrs J C H Carle - Director

1.	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.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are amortised evenly over their estimated useful life of ten years.

Website development is amortised evenly over their estimated useful life of ten years.

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 etc

-

25% on cost

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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

2,477

Additions

20,125

At 28 February 2025

22,602

AMORTISATION

At 1 March 2024

677

Charge for year

2,265

At 28 February 2025

2,942

NET BOOK VALUE

At 28 February 2025

19,660

At 29 February 2024

1,800

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 March 2024

9,492

11,349

20,841

Additions

5,378

2,399

7,777

At 28 February 2025

14,870

13,748

28,618

DEPRECIATION

At 1 March 2024

6,742

7,759

14,501

Charge for year

2,808

2,019

4,827

At 28 February 2025

9,550

9,778

19,328

NET BOOK VALUE

At 28 February 2025

5,320

3,970

9,290

At 29 February 2024

2,750

3,590

6,340

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

501

3,500

Directors' loan accounts

972

-

VAT

4,991

3,630

Prepayments

1,897

4,173

8,361

11,303

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

68,179

36,599

Taxation

60,221

45,711

Social security and other taxes

2,859

3,221

Other creditors

568

-

Directors' loan accounts

-

3,573

Accruals

2,335

2,246

134,162

91,350

7.

RESERVES

Retained

earnings

£

At 1 March 2024

323,900

Profit for the year

181,434

Dividends

(5,100

)

At 28 February 2025

500,234

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits (to)/from a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mrs J C H Carle

Balance outstanding at start of year

3,573

3,979

Amounts repaid

(4,545

)

(406

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(972

)

3,573

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J C H Carle.