REGISTERED NUMBER: 08754990 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

BOXED OFF GRIPS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr MW Jones

REGISTERED OFFICE:

27 Willow Way

Didsbury

Manchester

Greater Manchester

M20 6JT

REGISTERED NUMBER:

08754990 (England and Wales)

ACCOUNTANTS:

Lucas Reis Ltd

Chartered Accountants

Lansdowne House

85 Buxton Road

Stockport

Cheshire

SK2 6LR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,355

8,633

1,355

8,633

CURRENT ASSETS

Debtors

6

900

120

Cash at bank

51,820

46,086

52,720

46,206

CREDITORS

Amounts falling due within one year

7

10,933

12,407

NET CURRENT ASSETS

41,787

33,799

TOTAL ASSETS LESS CURRENT LIABILITIES

43,142

42,432

PROVISIONS FOR LIABILITIES

1,640

1,640

NET ASSETS

41,502

40,792

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

9

41,302

40,592

SHAREHOLDERS' FUNDS

41,502

40,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 January 2026 and were signed by:

Mr MW Jones - Director

1.	STATUTORY INFORMATION

BOXED OFF GRIPS LTD 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of four 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

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

36,000

AMORTISATION

At 1 November 2024

and 31 October 2025

36,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

57,417

1,221

58,638

Disposals

(56,062

)

(1,221

)

(57,283

)

At 31 October 2025

1,355

-

1,355

DEPRECIATION

At 1 November 2024

49,064

941

50,005

Eliminated on disposal

(49,064

)

(941

)

(50,005

)

At 31 October 2025

-

-

-

NET BOOK VALUE

At 31 October 2025

1,355

-

1,355

At 31 October 2024

8,353

280

8,633

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

900

120

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Corporation Tax

6,039

6,456

VAT

3,420

3,626

Directors' loan accounts

62

935

Accrued expenses

1,412

1,390

10,933

12,407

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

200

Ordinary

£1

200

200

9.

RESERVES

Retained

earnings

£

At 1 November 2024

40,592

Profit for the year

17,110

Dividends

(16,400

)

At 31 October 2025

41,302

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr MW Jones.