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Company Registration No. 07870731 (England and Wales)
Troubadour Goods Limited Unaudited accounts for the year ended 31 December 2025
Troubadour Goods Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Troubadour Goods Limited Company Information for the year ended 31 December 2025
Directors
Samuel Bail Abel Samet Berne Berry Paul Meyerowitz
Company Number
07870731 (England and Wales)
Registered Office
483 Green Lanes London N13 4BS
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Troubadour Goods Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
12,417 
16,933 
Tangible assets
5
21,083 
14,377 
33,500 
31,310 
Current assets
Inventories
1,380,025 
1,892,655 
Debtors
6
396,785 
601,559 
Cash at bank and in hand
863,074 
1,248,338 
2,639,884 
3,742,552 
Creditors: amounts falling due within one year
7
(873,520)
(1,442,851)
Net current assets
1,766,364 
2,299,701 
Total assets less current liabilities
1,799,864 
2,331,011 
Creditors: amounts falling due after more than one year
8
(125,000)
(375,000)
Net assets
1,674,864 
1,956,011 
Capital and reserves
Called up share capital
1,135 
1,000 
Share premium
8,578,919 
7,526,736 
Profit and loss account
(6,905,190)
(5,571,725)
Shareholders' funds
1,674,864 
1,956,011 
For the year ending 31 December 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 28 April 2026 and were signed on its behalf by
Abel Samet Director Company Registration No. 07870731
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Troubadour Goods Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Troubadour Goods Limited is a private company, limited by shares, registered in England and Wales, registration number 07870731. The registered office is 483 Green Lanes, London, N13 4BS.
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:
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The company's financial statements for the period have been prepared on a going concern basis as after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future
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Troubadour Goods Limited Notes to the Accounts for the year ended 31 December 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2025
30,110 
At 31 December 2025
30,110 
Amortisation
At 1 January 2025
13,177 
Charge for the year
4,516 
At 31 December 2025
17,693 
Net book value
At 31 December 2025
12,417 
At 31 December 2024
16,933 
An impairment review was conducted on Intangible assets, and as a result all Intangible Assets relating to Research & Development have been fully amortised.
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
51,115 
40,118 
91,233 
Additions
- 
12,901 
12,901 
At 31 December 2025
51,115 
53,019 
104,134 
Depreciation
At 1 January 2025
51,115 
25,741 
76,856 
Charge for the year
- 
6,195 
6,195 
At 31 December 2025
51,115 
31,936 
83,051 
Net book value
At 31 December 2025
- 
21,083 
21,083 
At 31 December 2024
- 
14,377 
14,377 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
164,267 
355,152 
Accrued income and prepayments
179,739 
193,628 
344,006 
548,780 
Amounts falling due after more than one year
Accrued income and prepayments
52,779 
52,779 
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Troubadour Goods Limited Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
25,878 
29,850 
VAT
18,103 
29,600 
Trade creditors
527,905 
908,349 
Taxes and social security
23,992 
15,147 
Other creditors
271,061 
458,574 
Accruals
6,581 
1,331 
873,520 
1,442,851 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
125,000 
375,000 
9
Average number of employees
During the year the average number of employees was 13 (2024: 12).
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