Take The Octopus Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09457860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2025

FOR

TAKE THE OCTOPUS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J Wilkinson

M Wilkinson

REGISTERED OFFICE:

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

REGISTERED NUMBER:

09457860 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

542

4

Investments

5

150,000

150,542

150,004

CURRENT ASSETS

Debtors

6

50

68,508

Cash at bank

36,907

17,686

36,957

86,194

CREDITORS

Amounts falling due within one year

7

11,453

10,328

NET CURRENT ASSETS

25,504

75,866

TOTAL ASSETS LESS CURRENT

LIABILITIES

176,046

225,870

CAPITAL AND RESERVES

Called up share capital

8

10

1

Retained earnings

176,036

225,869

SHAREHOLDERS' FUNDS

176,046

225,870

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28th 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 28th November 2025 and were signed on its behalf by:

Mrs J Wilkinson - Director

1.	STATUTORY INFORMATION

Take The Octopus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

Computer equipment

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st March 2024

634

Additions

646

At 28th February 2025

1,280

DEPRECIATION

At 1st March 2024

630

Charge for year

108

At 28th February 2025

738

NET BOOK VALUE

At 28th February 2025

542

At 29th February 2024

4

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st March 2024

and 28th February 2025

150,000

NET BOOK VALUE

At 28th February 2025

150,000

At 29th February 2024

150,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Directors' current accounts

-

68,508

Prepayments and accrued income

50

-

50

68,508

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Tax

2,680

3,741

VAT

6,063

5,673

Directors' current accounts

760

-

Accrued expenses

1,950

914

11,453

10,328

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

NIL

Ordinary

£1

-

1

9

A Ordinary

o1

9

-

1

B Ordinary

o1

1

-

10

1

Shares were issued during the year as follows:

Cash at par

9 A Ordinary shares of o1 for £ 9

As a bonus out of reserves

9 A Ordinary shares of o1

9.

DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28th February 2025 and 29th February 2024:

2025

2024

£

Mrs J Wilkinson and M Wilkinson

Balance outstanding at start of year

68,508

Amounts advanced

2,587

105,817

Amounts repaid

(71,095

)

(37,309

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

68,508