Bobbins & Flo Development Co. Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13281234 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BOBBINS & FLO DEVELOPMENT CO. LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M C Chadwick

SECRETARY:

Mr M C Chadwick

REGISTERED OFFICE:

Ettiford Farm

Oxen Park Lane

Ilfracombe

EX34 9RG

REGISTERED NUMBER:

13281234 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

TN39 5ES

CURRENT ASSETS

Stocks

4

96,913

60,853

Debtors

5

43,049

41,549

Cash at bank

14

2,670

139,976

105,072

CREDITORS

Amounts falling due within one year

6

179,897

125,096

NET CURRENT LIABILITIES

(39,921

)

(20,024

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,921

)

(20,024

)

CAPITAL AND RESERVES

Called up share capital

7

200

Other reserves

8

271

Retained earnings

8

(40,392

)

(20,495

)

SHAREHOLDERS' FUNDS

(39,921

)

(20,024

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 24 July 2026 and were signed by:

Mr M C Chadwick - Director

1.	STATUTORY INFORMATION

Bobbins & Flo Development Co. 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.

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

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.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2024 - NIL ) .

4.

STOCKS

2025

2024

£

Work-in-progress

96,913

60,853

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

41,549

Other debtors

1,500

-

43,049

41,549

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

672

Social security and other taxes

6,893

6,978

Other creditors

169,398

117,446

Directors' current accounts

2,212

-

Accruals and deferred income

722

-

179,897

125,096

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

1

100

Ordinary

1

100

200

8.

RESERVES

Retained

Other

earnings

reserves

Totals

£

At 1 April 2024

(20,495

)

271

(20,224

)

Deficit for the year

(19,897

)

(19,897

)

At 31 March 2025

(40,392

)

271

(40,121

)