REGISTERED NUMBER: SC457286 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Comet BF430 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Milne

REGISTERED OFFICE:

Funkieston House

Netherwood

Banff

Aberdeenshire

AB45 3LL

REGISTERED NUMBER:

SC457286 (Scotland)

ACCOUNTANTS:

Add Accountancy Ltd

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

25,539

12,454

CURRENT ASSETS

Stocks

254,450

111,400

Debtors

5

52,700

52,700

Investments

6

50

50

Cash at bank

23,269

22,313

330,469

186,463

CREDITORS

Amounts falling due within one year

7

44,472

43,278

NET CURRENT ASSETS

285,997

143,185

TOTAL ASSETS LESS CURRENT LIABILITIES

311,536

155,639

CREDITORS

Amounts falling due after more than one year

8

12,921

12,921

NET ASSETS

298,615

142,718

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

298,614

142,717

SHAREHOLDERS' FUNDS

298,615

142,718

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 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.

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

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

W Milne - Director

1.	STATUTORY INFORMATION

Comet BF430 Ltd is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

17,052

Additions

19,498

At 31 August 2025

36,550

DEPRECIATION

At 1 September 2024

4,598

Charge for year

6,413

At 31 August 2025

11,011

NET BOOK VALUE

At 31 August 2025

25,539

At 31 August 2024

12,454

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Amounts owed by group undertakings

52,700

52,700

6.	CURRENT ASSET INVESTMENTS

31.8.25

31.8.24

£

£

Listed investments

50

50

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

-

(1

)

Taxation and social security

4,906

-

Other creditors

39,566

43,279

44,472

43,278

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

12,921

12,921