Boss Holdings (Leicester) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13547376 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BOSS HOLDINGS (LEICESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss N Ashfaq

Mr V Rayarel

REGISTERED OFFICE:

Granville Hall

Granville Road

Leicester

Leicestershire

LE1 7RU

REGISTERED NUMBER:

13547376 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,529,053

1,536,773

Investments

5

100

1,529,153

1,536,873

CURRENT ASSETS

Debtors

6

69

9,136

Cash at bank

13,039

16,997

13,108

26,133

CREDITORS

Amounts falling due within one year

7

355,819

77,577

NET CURRENT LIABILITIES

(342,711

)

(51,444

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,186,442

1,485,429

CREDITORS

Amounts falling due after more than one
year

8

(87,387

)

(509,837

)

PROVISIONS FOR LIABILITIES

10

(61,015

)

(61,015

)

NET ASSETS

1,038,040

914,577

CAPITAL AND RESERVES

Called up share capital

11

200

Revaluation reserve

12

188,640

199,521

Retained earnings

12

849,200

714,856

SHAREHOLDERS' FUNDS

1,038,040

914,577

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 May 2026 and were signed on its behalf by:

Miss N Ashfaq - Director

Mr V Rayarel - Director

1.	STATUTORY INFORMATION

Boss Holdings (Leicester) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Boss Holdings (Leicester) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The revenue generated relates to the rental of the freehold property and this is recognised over the period to which it relates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost of buildings

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 January 2025

1,598,748

Additions

24,750

At 31 December 2025

1,623,498

DEPRECIATION

At 1 January 2025

61,975

Charge for year

32,470

At 31 December 2025

94,445

NET BOOK VALUE

At 31 December 2025

1,529,053

At 31 December 2024

1,536,773

Included in cost or valuation of land and buildings is freehold land of £ 375,000 (2024 - £ 375,000 ) which is not depreciated.

Cost or valuation at 31 December 2025 is represented by:

Freehold

property

£

Valuation in 2022

1,500,000

Cost

123,498

1,623,498

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

1,255,939

Aggregate depreciation

88,476

63,357

Value of land in freehold land and buildings

375,000

The freehold property was valued on an open market basis on 31 October 2022 by PG Tew FRICS of Peter Tew and Company .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

VPAC Packaging Leicester Limited

Registered office: Granville Hall, Granville Road, Leicester, LE1 7RU

Nature of business: Packaging company

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

-

9,136

Other debtors

69

-

69

9,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

30,000

Amounts owed to group undertakings

201,099

-

Taxation and social security

37,155

20,883

Other creditors

87,565

26,694

355,819

77,577

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

87,387

509,837

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalment

-

389,837

-

389,837

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

117,387

539,837

The bank loan is secured against the asset to which it relates.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Taxation on revaluation

61,015

Deferred

tax

£

Balance at 1 January 2025

61,015

Movement

Balance at 31 December 2025

61,015

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

200

Ordinary

£1

200

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2025

714,856

199,521

914,377

Profit for the year

277,463

Dividends

(154,000

)

(154,000

)

Transfer to P & L account

-

(10,881

)

(10,881

)

Revaluation in the year

10,881

-

10,881

At 31 December 2025

849,200

188,640

1,037,840

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

Miss N Ashfaq

Balance outstanding at start of year

-

27,365

Amounts advanced

-

92,853

Amounts repaid

-

(120,218

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr V Rayarel

Balance outstanding at start of year

-

799

Amounts advanced

-

409

Amounts repaid

-

(1,208

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

The loan was repaid in full on the 31 December 2024.

14.	RELATED PARTY DISCLOSURES

At 31 December 2025 the company owed £85,345 (2024: £24,573) to the directors.