Company Registration No. 14346064 (England and Wales)
Botivo Ltd
Unaudited accounts
for the year ended 31 March 2026
Botivo Ltd
Unaudited accounts
Contents
Botivo Ltd
Statement of financial position
as at 31 March 2026
Intangible assets
7,562
14,002
Tangible assets
29,417
17,405
Inventories
402,468
193,800
Cash at bank and in hand
177,023
399,702
Creditors: amounts falling due within one year
(243,961)
(136,290)
Net current assets
1,062,155
760,114
Total assets less current liabilities
1,099,134
791,521
Creditors: amounts falling due after more than one year
(117,779)
(118,443)
Net assets
981,355
673,078
Called up share capital
139
129
Share premium
2,197,958
1,284,892
Profit and loss account
(1,216,742)
(611,943)
Shareholders' funds
981,355
673,078
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2026 and were signed on its behalf by
Sam Paget-Steavenson
Director
Company Registration No. 14346064
Botivo Ltd
Notes to the Accounts
for the year ended 31 March 2026
Botivo Ltd is a private company, limited by shares, registered in England and Wales, registration number 14346064. The registered office is 24 Highbury Grove, London, N5 2EA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Intangible fixed assets are initially measured at cost. After initial recognition, intangibles are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Website and branding are being amortised evenly over their estimated useful life of three years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 3 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items.
Botivo Ltd
Notes to the Accounts
for the year ended 31 March 2026
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Equity-settled share-based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments granted using the Black Scholes model. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.
When the terms and conditions of equity-settled share-based payments at the time they were granted are subsequently modified, the fair value of the share-based payment under the original terms and conditions and under the modified terms and conditions are both determined at the date of the modification. Any excess of the modified fair value over the original fair value is recognised over the remaining vesting period in addition to the grant date fair value of the original share-based payment. The share-based payment expense is not adjusted if the modified fair value is less than the original fair value.
Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.
The charge recognised in profit or loss for the period was £13,365. Included within the profit and loss reserve is £13,365 representing the cumulative amount recognised to date in equity in respect of these arrangements.
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Intangible fixed assets
Other
Botivo Ltd
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
14,245
2,122
8,967
25,334
Additions
17,957
892
2,673
21,522
At 31 March 2026
32,202
3,014
11,640
46,856
At 1 April 2025
5,163
443
2,323
7,929
Charge for the year
5,486
521
3,503
9,510
At 31 March 2026
10,649
964
5,826
17,439
At 31 March 2026
21,553
2,050
5,814
29,417
At 31 March 2025
9,082
1,679
6,644
17,405
Amounts falling due within one year
Trade debtors
314,897
131,674
Deferred tax asset
391,808
-
Other debtors
19,920
24,623
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
164,937
71,605
Taxes and social security
20,166
16,128
Other creditors
5,668
21,054
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Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
117,779
118,443
Botivo Ltd
Notes to the Accounts
for the year ended 31 March 2026
Allotted, called up and fully paid:
1,392,383 Ordinary shares of £0.0001 each
139.23
129.37
Shares issued during the period:
98,670 Ordinary shares of £0.0001 each
9.86
10
Transactions with related parties
During the year, the directors received repayment of part of their loan to the company in the amount of £663 (2025 - £57). The balance owed to the directors at the year end was £117,780 (2025 - £118,443). The balance is interest free and repayable 12 months after the balance sheet date.
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Average number of employees
During the year the average number of employees was 13 (2025: 8).