Buka XP Limited - Accounts

Buka XP Limited
Statement of Financial Position
As at 31 August 2025

	2025
	£	£
Fixed assets		14,740
Current assets	51,541
Creditors: amount falling due within one year	(24,590)
Net current assets		26,951
Total assets less current liabilities		41,691
Net assets		41,691


Capital and reserves		41,691

NOTES TO THE ACCOUNTS

General Information

Buka XP Limited is a private company, limited by shares, registered in England and Wales, registration number 15924453, registration address 20 Leopold Street, Derby, Derbyshire, DE1 2HF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	18% Reducing Balance
Fixtures and Fittings	18% Reducing Balance
Computer Equipment	33% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 29 August 2024	-	-	-	-
Additions	232	15,785	350	16,367
Disposals	-	-	-	-
At 31 August 2025	232	15,785	350	16,367
Depreciation
At 29 August 2024	-	-	-	-
Charge for period	3	1,566	58	1,627
On disposals	-	-	-	-
At 31 August 2025	3	1,566	58	1,627
Net book values
Closing balance as at 31 August 2025	229	14,219	292	14,740
Opening balance as at 29 August 2024	-	-	-	-

3.	Average number of employees Average number of employees during the period was 6.

For the period ended 31 August 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 period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 28 May 2026 and were signed on its behalf by:

--------------------------------
Dare Rasheed Kuku
Director

Registered Number: 15924453
England and Wales
BUKA XP LIMITED

Abridged Accounts

Period of accounts Start date: 29 August 2024 End date: 31 August 2025