Registration number: 11106233

Bunboo Ltd
(formerly Dunbai International Limited)

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 9

Bunboo Ltd
(formerly Dunbai International Limited)

(Registration number: 11106233)
Balance Sheet as at 31 January 2026

	Note	2026 £	2024 £
Fixed assets
Intangible assets	4	12,279	-
Tangible assets	5	74,373	4,228
		86,652	4,228
Current assets
Stocks	6	520,387	432,947
Debtors	7	1,292,679	328,666
Cash at bank and in hand		251,462	302,222
		2,064,528	1,063,835
Creditors: Amounts falling due within one year	8	(1,745,757)	(1,017,311)
Net current assets		318,771	46,524
Total assets less current liabilities		405,423	50,752
Creditors: Amounts falling due after more than one year	8	(300,000)	-
Provisions for liabilities		(16,298)	-
Net assets		89,125	50,752
Capital and reserves
Called up share capital	9	100	100
Retained earnings		89,025	50,652
Shareholders' funds		89,125	50,752

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 July 2026 and signed on its behalf by:
 

......................................... Mr Buqing Huang Director

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company was formerly known as Dunbai International Limited.

The address of its registered office is:
2 Murdock Road (Rear Office)
Bicester
Oxfordshire
OX26 4PP
United Kingdom

These financial statements were authorised for issue by the Board on 6 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

The comparative period covers the 12 months to 31st December 2024 with the current period covering 13 months from 1st January 2025 to 31st January 2026.

Going concern

The financial statements have been prepared on a going concern basis.

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

Audit report

The Independent Auditor's Report was qualified. hfilwhlidbner;gke The name of the Senior Statutory Auditor who signed the audit report on 6 July 2026 was Ajay Bahl, BA BFP FCA, who signed for and on behalf of Wenn Townsend.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	Reducing balance - 33.33%
Land and buildings	Straight line - 10%

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development	33 1/3% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 8 (2024 - 5).

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	12,629	12,629
At 31 January 2026	12,629	12,629
Amortisation
Amortisation charge	350	350
At 31 January 2026	350	350
Carrying amount
At 31 January 2026	12,279	12,279

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	-	15,873	15,873
Additions	9,541	92,385	101,926
At 31 January 2026	9,541	108,258	117,799
Depreciation
At 1 January 2025	-	11,645	11,645
Charge for the period	991	30,790	31,781
At 31 January 2026	991	42,435	43,426
Carrying amount
At 31 January 2026	8,550	65,823	74,373
At 31 December 2024	-	4,228	4,228

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

Included within the net book value of land and buildings above is £8,550 (2024 - £Nil) in respect of short leasehold land and buildings.
 

6

Stocks

	2026 £	2024 £
Other inventories	520,387	432,947

7

Debtors

	2026 £	2024 £
Trade debtors	106,723	28,633
Prepayments	14,495	4,560
Other debtors	1,171,461	295,473
	1,292,679	328,666

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2024 £
Due within one year
Trade creditors		262,398	63,334
Amounts owed to group undertakings and undertakings in which the company has a participating interest	12	599,183	-
Taxation and social security		6,677	25,998
Accruals and deferred income		50,593	3,780
Other creditors		826,906	924,199
		1,745,757	1,017,311

Creditors: amounts falling due after more than one year

	Note	2026 £	2024 £
Due after one year
Loans and borrowings	10	300,000	-

9	Share capital

Allotted, called up and fully paid shares

	2026		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2024 £
Bank borrowings	300,000	-

Bunboo Ltd
(formerly Dunbai International Limited)

Notes to the Financial Statements for the Period from 1 January 2025 to 31 January 2026

11	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2024 £
Not later than one year	150,000	-
Later than one year and not later than five years	525,000	-
	675,000	-

The amount of non-cancellable operating lease payments recognised as an expense during the period was £52,621 (2024 - £Nil).

12	Related party transactions

Summary of transactions with other related parties

Oriental Bu Trading Limited (a company controlled by a director) During the year funds were advanced by Oriental Bu Trading Limited to Dunbai International Limited.The advances are not subject to an interest charge.

At the year end the company owed Oriental Bu Trading Limited £599,729 (2024 - £136,743).