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Registration number: 06995045

Bod & Ted Limited Unaudited Financial Statements for the Year Ended 30 June 2025
Brebners Chartered Accountants 1 Suffolk Way Sevenoaks Kent TN13 1YL

Bod & Ted Limited

Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 4 | 4
Tangible assets | 5 | 5,446 | 6,962
|  | 5,450 | 6,966
Current assets |  |  |
Stocks | 6 | 63,011 | 41,813
Debtors | 7 | 10,534 | 22,515
Cash at bank and in hand |  | 113,743 | 118,505
|  | 187,288 | 182,833
Creditors: Amounts falling due within one year | 8 | (79,111) | (116,622)
Net current assets |  | 108,177 | 66,211
Net assets |  | 113,627 | 73,177
Capital and reserves |  |  |
Called up share capital |  | 3 | 3
Retained earnings |  | 113,624 | 73,174
Shareholders' funds |  | 113,627 | 73,177

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Bod & Ted Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Bod & Ted Limited

Statement of Financial Position as at 30 June 2025

Approved and authorised by the Board on 24 March 2026 and signed on its behalf by:

.........................................

Mrs S C Bland

Director

Company registration number: 06995045

Bod & Ted Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o Brebners
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the retail and online sale of ladies' fashionwear.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Going concern

The company made a profit for the year ended 30 June 2025 and had net assets of £113,627 at that date including cash at bank of £113,743.
On the basis of the above and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the directors have prepared the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue at the retail point of sale or online order despatch to customers.

Bod & Ted Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Intangible assets

Intangible assets are carried at cost less accumulated amortisation and any accumulated impairment losses.
The cost of intangible assets includes any directly attributable cost of preparing the asset for its intended use.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Website development | 5 years straight line

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Equipment | 25% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Bod & Ted Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Operating leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as
operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis
over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company during the year was 5 (2024 - 5).

Bod & Ted Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Intangible assets

| Website development £ | Total £
Cost or valuation
At 1 July 2024 | 13,880 | 13,880
At 30 June 2025 | 13,880 | 13,880
Amortisation
At 1 July 2024 | 13,876 | 13,876
At 30 June 2025 | 13,876 | 13,876
Carrying amount
At 30 June 2025 | 4 | 4
At 30 June 2024 | 4 | 4

5 | Tangible assets

| Equipment £ | Total £
Cost or valuation
At 1 July 2024 | 9,351 | 9,351
Additions | 893 | 893
At 30 June 2025 | 10,244 | 10,244
Depreciation
At 1 July 2024 | 2,389 | 2,389
Charge for the year | 2,409 | 2,409
At 30 June 2025 | 4,798 | 4,798
Carrying amount
At 30 June 2025 | 5,446 | 5,446
At 30 June 2024 | 6,962 | 6,962

6 | Stocks

| 2025 £ | 2024 £
Stock | 63,011 | 41,813

Bod & Ted Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 1,026 | 1,216
Other debtors | 9,508 | 21,299
| 10,534 | 22,515

8 | Creditors

Creditors: amounts falling due within one year

|  | 2025 £ | 2024 £
Trade creditors |  | 6,999 | 33,282
Taxation and social security |  | 27,516 | 15,582
Other creditors |  | 44,596 | 67,758
|  | 79,111 | 116,622

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total amount of financial commitments not included in the statement of financial position is £75,000 (2024 - £100,000).