REGISTERED NUMBER: 12170262 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

BONEHEAD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S J Bonham

Mrs S Bonham

REGISTERED OFFICE:

Old Mill House

2 Old Mill Close

Great Glen

Leicestershire

LE8 9EZ

REGISTERED NUMBER:

12170262 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

244,421

-

Investments

5

2,141,600

2,023,222

2,386,021

2,023,222

CURRENT ASSETS

Debtors

6

851,311

875,293

Cash at bank

484,293

770,139

1,335,604

1,645,432

CREDITORS

Amounts falling due within one year

7

49,339

2,035

NET CURRENT ASSETS

1,286,265

1,643,397

TOTAL ASSETS LESS CURRENT LIABILITIES

3,672,286

3,666,619

CREDITORS

Amounts falling due after more than one year

8

110,830

-

NET ASSETS

3,561,456

3,666,619

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,561,356

3,666,519

3,561,456

3,666,619

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 27 May 2026 and were signed on its behalf by:

Mrs S Bonham - Director

1.	STATUTORY INFORMATION

Bonehead Ltd 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

Additions

325,895

At 31 August 2025

325,895

DEPRECIATION

Charge for year

81,474

At 31 August 2025

81,474

NET BOOK VALUE

At 31 August 2025

244,421

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 September 2024

1

2,023,221

2,023,222

Additions

-

634,365

634,365

Disposals

-

(612,890

)

(612,890

)

Revaluations

-

96,903

96,903

At 31 August 2025

1

2,141,599

2,141,600

NET BOOK VALUE

At 31 August 2025

1

2,141,599

2,141,600

At 31 August 2024

1

2,023,221

2,023,222

Cost or valuation at 31 August 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

1

2,141,599

2,141,600

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

631,620

679,583

Amounts falling due after more than one year:

Other debtors

219,691

195,710

Aggregate amounts

851,311

875,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

372

Taxation and social security

5,145

-

Other creditors

44,194

1,663

49,339

2,035

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

110,830

-

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr S J Bonham

Balance outstanding at start of year

630,363

639,181

Amounts advanced

142,379

196,022

Amounts repaid

(144,185

)

(204,840

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

628,557

630,363