ACCOUNTS - Final Accounts preparation

Registered number: SC605412

BOBES BASCARAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

BOBES BASCARAN LIMITED

COMPANY INFORMATION

DIRECTOR	Mr J Bobes Bascaran


COMPANY SECRETARY	Ms C Fernandez Martin


REGISTERED NUMBER	SC605412


REGISTERED OFFICE	5 St Peters Place
	Aberdeen
	AB24 3JZ


ACCOUNTANTS	EQ Accountants Limited
	Chartered Accountants
	Westby
	64 West High Street
	Forfar
	Angus
	DD8 1BJ

BOBES BASCARAN LIMITED

REGISTERED NUMBER: SC605412

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
		£		£

FIXED ASSETS
Tangible assets	4		2,007		1,143
			2,007		1,143
CURRENT ASSETS
Debtors: amounts falling due within one year	5	40,569		71,727
Cash at bank and in hand		263,320		209,958
		303,889		281,685
Creditors: amounts falling due within one year	6	(107,646)		(125,410)
NET CURRENT ASSETS			196,243		156,275
TOTAL ASSETS LESS CURRENT LIABILITIES			198,250		157,418
PROVISIONS FOR LIABILITIES
Deferred tax		(502)		(286)
			(502)		(286)
NET ASSETS			197,748		157,132

CAPITAL AND RESERVES
Called up share capital	7	1	1
Profit and loss account		197,747	157,131
		197,748	157,132

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 December 2025.

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BOBES BASCARAN LIMITED

REGISTERED NUMBER: SC605412

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

Mr J Bobes Bascaran

Director

The notes on pages 3 to 6 form part of these financial statements.

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BOBES BASCARAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	GENERAL INFORMATION

Bobes Bascaran Limited is a private company , limited by shares, incorporated in Scotland with the registration number SC605412. The registered office is situated at 5 St Peters Place, Aberdeen, United Kingdom, AB24 3JZ.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

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BOBES BASCARAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Equipment

12.5%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.6

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	EMPLOYEES
	The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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BOBES BASCARAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	TANGIBLE FIXED ASSETS

		Equipment
		£
	COST OR VALUATION
	At 1 April 2024	3,073
	Additions	1,428
	At 31 March 2025	4,501
	DEPRECIATION
	At 1 April 2024	1,930
	Charge for the year on owned assets	564
	At 31 March 2025	2,494
	NET BOOK VALUE
	At 31 March 2025	2,007
	At 31 March 2024	1,143

DEBTORS

					2025	2024
					£	£


Trade debtors	40,569	71,727
	40,569	71,727

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	29,057	42,297
Other creditors	78,589	83,113
	107,646	125,410

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BOBES BASCARAN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

1 (2024 - 1) Ordinary share of £1.00	1	1

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