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Company Registration No. 07346766 (England and Wales)
BUBBLE TELEVISION GROUP LIMITED Unaudited accounts for the year ended 30 June 2025
BUBBLE TELEVISION GROUP LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BUBBLE TELEVISION GROUP LIMITED Company Information for the year ended 30 June 2025
Directors
Christos Phinikas Samuel Phinikas
Company Number
07346766 (England and Wales)
Registered Office
13 BERWICK STREET SOHO LONDON W1F 0PW
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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BUBBLE TELEVISION GROUP LIMITED Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
272,144
336,000
Investments
5
6,005
6,005
278,149
342,005
Current assets
Inventories
12,719
5,376
Debtors
6
256,739
646,176
Cash at bank and in hand
36,335
154,305
305,793
805,857
Creditors: amounts falling due within one year
7
(476,283)
(628,621)
Net current (liabilities)/assets
(170,490)
177,236
Total assets less current liabilities
107,659
519,241
Creditors: amounts falling due after more than one year
8
(407,061)
(162,362)
Provisions for liabilities
Deferred tax
(49,883)
(61,616)
Net (liabilities)/assets
(349,285)
295,263
Capital and reserves
Called up share capital
9
200
200
Share premium
6,000
6,000
Profit and loss account
(355,485)
289,063
Shareholders' funds
(349,285)
295,263
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 March 2026 and were signed on its behalf by
Samuel Phinikas Director Company Registration No. 07346766
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BUBBLE TELEVISION GROUP LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
BUBBLE TELEVISION GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07346766. The registered office is 13 BERWICK STREET, SOHO, LONDON, W1F 0PW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% straight line
Plant & machinery
25% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
15% straight line
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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BUBBLE TELEVISION GROUP LIMITED Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2024
361,933
919,693
29,999
113,744
56,645
1,482,014
Additions
-
13,724
-
56,005
6,019
75,748
Disposals
-
-
(29,999)
-
-
(29,999)
At 30 June 2025
361,933
933,417
-
169,749
62,664
1,527,763
Depreciation
At 1 July 2024
231,065
782,374
12,720
69,142
50,713
1,146,014
Charge for the year
32,434
62,451
-
24,845
2,595
122,325
On disposals
-
-
(12,720)
-
-
(12,720)
At 30 June 2025
263,499
844,825
-
93,987
53,308
1,255,619
Net book value
At 30 June 2025
98,434
88,592
-
75,762
9,356
272,144
At 30 June 2024
130,868
137,319
17,279
44,602
5,932
336,000
5
Investments
Subsidiary undertakings
£
Valuation at 1 July 2024
6,005
Valuation at 30 June 2025
6,005
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
157,432
352,377
Amounts due from group undertakings etc.
792
223,900
Accrued income and prepayments
68,240
39,624
Other debtors
30,275
30,275
256,739
646,176
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
59,309
18,786
Obligations under finance leases and hire purchase contracts
-
3,655
Trade creditors
135,099
99,213
Taxes and social security
78,600
35,810
Other creditors
28,095
-
Accruals
175,180
471,157
476,283
628,621
- 6 -
BUBBLE TELEVISION GROUP LIMITED Notes to the Accounts for the year ended 30 June 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
19,478
Other creditors
407,061
142,884
407,061
162,362
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
10
Average number of employees
During the year the average number of employees was 17 (2024: 17).
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