Registration number: 16045119

Boex Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Boex Ltd

Company Information

Directors

Mr S D J Osborne Mr C A Lovrics Mr S A Copeland Mr M B Sutcliffe Mr H Mawji

Registered office

100 Liverpool Street London EC2M 2AT

Accountants

Wem & Co Chartered Accountants Savoy House Savoy Circus London W3 7DA

Boex Ltd

(Registration number: 16045119)
Balance Sheet as at 31 December 2025

	Note	31.12.25 £
Current assets
Debtors	4	23,674
Cash at bank and in hand		14,316
		37,990
Creditors: Amounts falling due within one year	5	(912,288)
Net liabilities		(874,298)
Capital and reserves
Called up share capital		6
Retained earning		(874,304)
Shareholders' deficit		(874,298)

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 28 July 2026 and signed on its behalf by:
 

......................................... Mr H Mawji Director

Boex Ltd

Notes to the Unaudited Financial Statements for the Period from 28 October 2024 to 31 December 2025

1	General information

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

The address of its registered office is:
100 Liverpool Street
London
EC2M 2AT

These financial statements were authorised for issue by the Board on 28 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.

The presentational currency is Pound Sterling (£).

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.

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.

Boex Ltd

Notes to the Unaudited Financial Statements for the Period from 28 October 2024 to 31 December 2025 (continued)

2	Accounting policies (continued)

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. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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.

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 and subsequently measured at amortised cost using the effective interest method.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Debtors

Current	Note	31.12.25 £
Amounts owed by related parties		3,620
Prepayments		1,416
Other debtors		18,638
		23,674

Included in other debtors is a loan of £3,620 made to a company under common control. No interest or repayment terms have been set.

 

Boex Ltd

Notes to the Unaudited Financial Statements for the Period from 28 October 2024 to 31 December 2025 (continued)

5

Creditors

Creditors: amounts falling due within one year

	Note	31.12.25 £
Due within one year
Trade creditors		30,243
Amounts owed to group undertakings and undertakings in which the company has a participating interest		877,301
Accruals and deferred income		4,744
		912,288

Included in other creditors is a loan of £877,301 owed to a company under common control. No interest or repayment terms have been set and the loan is repayable on demand.