REGISTERED NUMBER: 10424337 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

BOOTH-CLIBBORN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

C B Booth-Clibborn

F O Simm

Registered office:

6 Wetherby Gardens

London

SW5 0JN

Registered number:

10424337 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Stocks

4

478,023

831,213

Debtors

5

234,812

326,211

Cash at bank

15,302

18,458

728,137

1,175,882

Creditors

Amounts falling due within one year

6

386,611

522,843

Net current assets

341,526

653,039

Total assets less current liabilities

341,526

653,039

Creditors

Amounts falling due after more than one year

7

319,277

468,128

Net assets

22,249

184,911

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

22,149

184,811

Shareholders' funds

22,249

184,911

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 14 July 2026 and were signed on its behalf by:

C B Booth-Clibborn - Director

1.	Statutory information

Booth-Clibborn 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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget in making their assessment. The Directors have concluded that it is appropriate to adopt the going concern basis in preparing the annual report and accounts.

Turnover

Turnover represents amounts receivable for goods and services provided in the year and is stated net of VAT.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds financial instruments which comprise cash and cash equivalents, trade and other receivables, equity investments, trade and other payables, convertible loan notes and loans and borrowings. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments in full.

Financial assets and liabilities - classified as basic financial instruments

(i) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

(ii) Trade and other receivables

Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.

At the end of each reporting period, the company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment 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. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in the Income Statement.

(iii) Equity investments

Equity investments comprise ordinary shares, not publicly traded in active markets for which a reliable fair value cannot be measured reliably. Equity investments are initially recognised at fair value, which is the transaction price excluding transaction costs and are subsequently measured at fair value through profit or loss.

(iv) Trade and other payables and loans and borrowings

Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method. Amounts that are payable within one year are measured at the discounted amount of the cash expected to be paid.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.

Stocks

2025

2024

£

£

Stocks

378,023

831,213

Work-in-progress

100,000

-

478,023

831,213

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

234,812

326,211

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

107,611

58,270

Taxation and social security

-

9,773

Other creditors

279,000

454,800

386,611

522,843

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

319,277

468,128

The bank loan is secured by way of fixed and floating charge over the assets of this company and of Contemporary Editions Limited a related company under common ownership.

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

Reserves

Retained

earnings

£

At 1 November 2024

184,811

Deficit for the year

(162,662

)

At 31 October 2025

22,149

10.	Related party disclosures

During the year the company was charged commission and management charges amounting to £Nil (2024: £Nil) and made sales of £330,000 (2024 : £195,000) to companies under common control.

At the year-end date, other debtors includes a balance of Nil (2024: £131,211) owed by companies under common control and other creditors includes a balance of £96,000 (2024: 95,000) owed to companies under common control. These amounts are unsecured, interest free and repayable on demand..