Bobago Limited 31/03/2026 iXBRL

Company registration number: 06151866

Bobago Limited

Unaudited filleted financial statements

31 March 2026

Bobago Limited

Contents

Statement of financial position

Notes to the financial statements

Bobago Limited

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	149,096		138,507
		_______		_______
			149,096		138,507

Current assets
Debtors	6	924,121		955,536
Cash at bank and in hand		1,876,396		1,623,458
		_______		_______
		2,800,517		2,578,994
Creditors: amounts falling due
within one year	7	( 1,396,257)		( 1,317,698)
		_______		_______
Net current assets			1,404,260		1,261,296
			_______		_______
Total assets less current liabilities			1,553,356		1,399,803


Provisions for liabilities			( 26,122)		( 34,627)

			_______		_______
Net assets			1,527,234		1,365,176
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			1,527,134		1,365,076
			_______		_______
Shareholders funds			1,527,234		1,365,176
			_______		_______

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

Mr J V Bryant

Director

Company registration number: 06151866

Bobago Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alphacom House, 8A Oakhill Road, Horsham, West Sussex, RH13 5SB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	10 %	straight line
Plant and machinery	-	25 %	straight line
Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2025: 12 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2025	20,393	13,437	39,346	142,054	215,230
Additions	-	-	1,178	47,456	48,634
	_______	_______	_______	_______	_______
At 31 March 2026	20,393	13,437	40,524	189,510	263,864
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2025	8,587	13,437	20,393	34,305	76,722
Charge for the year	4,293	-	3,850	29,903	38,046
	_______	_______	_______	_______	_______
At 31 March 2026	12,880	13,437	24,243	64,208	114,768
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2026	7,513	-	16,281	125,302	149,096
	_______	_______	_______	_______	_______
At 31 March 2025	11,806	-	18,953	107,749	138,508
	_______	_______	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	890,663	890,677
Other debtors	33,458	64,859
	_______	_______
	924,121	955,536
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	601,845	572,588
Corporation tax	233,145	178,592
Social security and other taxes	73,781	87,458
Other creditors	487,486	479,060
	_______	_______
	1,396,257	1,317,698
	_______	_______

8. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	16,000	16,000
Later than 1 year and not later than 5 years	10,667	26,667
	_______	_______
	26,667	42,667
	_______	_______

9. Directors advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

2026
	Balance brought forward	Advances /(credits) to the directors	Balance o/standing
	£	£	£
Mr J V Bryant	10,640	( 10,640)	-
Ms S A Bryant	10,640	( 10,641)	( 1)
	_______	_______	_______
	21,280	( 21,281)	( 1)
	_______	_______	_______

2025
	Balance brought forward	Advances /(credits) to the directors	Balance o/standing
	£	£	£
Mr J V Bryant	8,000	2,640	10,640
Ms S A Bryant	8,000	2,640	10,640
	_______	_______	_______
	16,000	5,280	21,280
	_______	_______	_______

The loan is provided on an interest free basis and is repayable on demand.

10. Controlling party

The company is controlled by Mr J V Bryant & Mrs S A Bryant who together own the entire issued share capital of the company.