Goggle Box Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13655833

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		5,652		6,460
Tangible Assets	5		55,545		68,038

			61,197		74,498
CURRENT ASSETS
Stocks	6	25,371		22,910
Debtors	7	40,195		21,430
Cash at bank and in hand		1,866		1,591

		67,432		45,931
Creditors: Amounts Falling Due Within One Year	8	(185,661 )		(155,262 )

NET CURRENT ASSETS (LIABILITIES)			(118,229 )		(109,331 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(57,032 )		(34,833 )

Creditors: Amounts Falling Due After More Than One Year	9		(29,822 )		(41,233 )

NET LIABILITIES			(86,854 )		(76,066 )

CAPITAL AND RESERVES
Called up share capital	11		200		200
Profit and Loss Account			(87,054 )		(76,266 )

SHAREHOLDERS' FUNDS			(86,854)		(76,066)

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Goggle Box Ltd

Balance Sheet (continued)

As At 31 October 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss Monika Brambley Director	Mr Karambir Sanghera Director
13 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Goggle Box Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13655833 . The registered office is 76 Eltham High Street, Eltham, London, SE9 1BT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Leasehold Improvements. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Straight Line over 10 years
Fixtures & Fittings	33 1/3% p.a Straight Line
Computer Equipment	33 1/3% p.a Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Goggle Box Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 November 2024	8,078

As at 31 October 2025	8,078

Amortisation
As at 1 November 2024	1,618
Provided during the period	808

As at 31 October 2025	2,426

Net Book Value
As at 31 October 2025	5,652

As at 1 November 2024	6,460

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	79,978	18,121	1,908	100,007

As at 31 October 2025	79,978	18,121	1,908	100,007

Depreciation
As at 1 November 2024	16,609	13,954	1,406	31,969
Provided during the period	7,998	4,028	467	12,493

As at 31 October 2025	24,607	17,982	1,873	44,462

Net Book Value
As at 31 October 2025	55,371	139	35	55,545

As at 1 November 2024	63,369	4,167	502	68,038

6. Stocks

	2025	2024
	£	£
Stock	25,371	22,910

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,323	-
Other debtors	38,872	21,430

	40,195	21,430

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Goggle Box Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	12,838	12,838
Trade creditors	801	740
Other creditors	172,022	141,138
Taxation and social security	-	546

	185,661	155,262

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	29,822	41,233

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	12,838	12,838
Later than one year and not later than five years	29,822	41,233

	42,660	54,071

	42,660	54,071

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

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