Company No: 08212413 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	27,309		35,075
Tangible assets	4	35,343		4,948
Investments	5	803		803
		63,455		40,826
Current assets
Stocks	6	116,926		108,368
Debtors	7	301,097		384,349
Cash at bank and in hand		1,937		52,414
		419,960		545,131
Creditors: amounts falling due within one year	8	( 352,313)		( 365,633)
Net current assets		67,647		179,498
Total assets less current liabilities		131,102		220,324
Creditors: amounts falling due after more than one year	9	( 157,927)		( 189,973)
Net (liabilities)/assets		( 26,825)		30,351
Capital and reserves
Called-up share capital	10	100		100
Profit and loss account		( 26,925 )		30,251
Total shareholders' (deficit)/funds		( 26,825)		30,351

For the financial year ending 31 March 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 Profit and Loss Account has not been delivered.

The financial statements of Boot Bananas Limited (registered number: 08212413) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

Philip Daniel Osband 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

Boot Bananas Limited (the Company) 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 address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

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 Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered 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 Balance Sheet date.

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:

Trademarks, patents and licences

5 - 10 years straight line

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, reducing balance basis over its expected useful life, as follows:

Leasehold improvements	15 % reducing balance
Plant and machinery	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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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 is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Trademarks, patents and licences		Total
	£		£
Cost
At 01 April 2024	88,813		88,813
At 31 March 2025	88,813		88,813
Accumulated amortisation
At 01 April 2024	53,738		53,738
Charge for the financial year	7,766		7,766
At 31 March 2025	61,504		61,504
Net book value
At 31 March 2025	27,309		27,309
At 31 March 2024	35,075		35,075

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Total
	£		£		£
Cost
At 01 April 2024	0		18,782		18,782
Additions	31,632		0		31,632
At 31 March 2025	31,632		18,782		50,414
Accumulated depreciation
At 01 April 2024	0		13,834		13,834
Charge for the financial year	0		1,237		1,237
At 31 March 2025	0		15,071		15,071
Net book value
At 31 March 2025	31,632		3,711		35,343
At 31 March 2024	0		4,948		4,948

5. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 April 2024	803
At 31 March 2025	803
Carrying value at 31 March 2025	803
Carrying value at 31 March 2024	803

6. Stocks

	2025		2024
	£		£
Stocks	116,926		108,368

7. Debtors

	2025		2024
	£		£
Trade debtors	37,101		83,272
Amounts owed by own subsidiaries	239,804		254,286
Corporation tax	9,025		0
Other debtors	15,167		46,791
	301,097		384,349

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	29,570		10,000
Trade creditors	16,906		7,082
Corporation tax	0		9,025
Other taxation and social security	63,137		90,211
Other creditors	242,700		249,315
	352,313		365,633

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

	2025		2024
	£		£
Bank loans	7,560		17,629
Other creditors	150,367		172,344
	157,927		189,973

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

11. Financial commitments

Commitments

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

	2025		2024
	£		£
within one year	9,000		0
between one and five years	36,000		0
after five years	32,250		0
Total future minimum lease payments under non-cancellable operating leases	77,250		0