REGISTERED NUMBER: 00386464 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

BOND SMITH LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J P Hawthorne

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

West Midlands

B15 1TH

REGISTERED NUMBER:

00386464 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

BANKERS:

NatWest Bank Plc

Highfield Road Branch

Edgbaston

Birmingham

West Midlands

B15 3BS

INCORPORATED:

25th March 1944

FIXED ASSETS

Tangible assets

4

3,510

4,025

CURRENT ASSETS

Stocks

1,005,864

1,005,724

Cash at bank

42,140

32,067

1,048,004

1,037,791

CREDITORS

Amounts falling due within one year

29,572

101,818

NET CURRENT ASSETS

1,018,432

935,973

TOTAL ASSETS LESS CURRENT LIABILITIES

1,021,942

939,998

PROVISIONS FOR LIABILITIES

5

929

1,066

NET ASSETS

1,021,013

938,932

CAPITAL AND RESERVES

Called up share capital

6

7,000

7,000

Retained earnings

1,014,013

931,932

SHAREHOLDERS' FUNDS

1,021,013

938,932

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

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

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th May 2026 and were signed by:

Mr J P Hawthorne - Director

1.	STATUTORY INFORMATION

Bond Smith 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.

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.

Turnover

Turnover represents sales of books during the year. Turnover is recognised when the books are physically delivered to the customer.

Tangible fixed assets

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

Fixtures and Fittings - 25% Straight Line

Computer equipment - 20% Straight Line

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans from related parties.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

13,350

Additions

1,145

At 31st August 2025

14,495

DEPRECIATION

At 1st September 2024

9,325

Charge for year

1,660

At 31st August 2025

10,985

NET BOOK VALUE

At 31st August 2025

3,510

At 31st August 2024

4,025

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

929

1,066

Deferred

tax

£

Balance at 1st September 2024

1,066

Movement

(137

)

Balance at 31st August 2025

929

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

900

Ordinary A

£1

900

900

1,000

Ordinary B

£1

1,000

1,000

5,000

Ordinary C

£1

5,000

5,000

100

Ordinary D

£1

100

100

7,000

7,000

7.	RELATED PARTY DISCLOSURES

As at the year end the amount due to the directors totalled £255. These loans are interest free and repayable upon demand.