Registration number:
Bonds of Elswick Ltd
trading as
for the Year Ended 31 December 2025
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Contents
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Company Information |
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Director's Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
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iXBRL Detailed Profit and Loss Account |
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Company Information
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Director |
Miss Victoria Jayne Rigby |
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Registered office |
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Accountants |
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Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Director's Report for the Year Ended 31 December 2025
The director presents her report and the financial statements for the year ended 31 December 2025.
Principal activity
The principal activity of the company is that of the manufacture of ice cream.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Profit and Loss Account for the Year Ended 31 December 2025
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Note |
2025 |
2024 |
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Turnover |
- |
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Gross profit |
- |
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Administrative expenses |
( |
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Operating (loss)/profit |
(1,322) |
1,551 |
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(Loss)/profit before tax |
( |
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(Loss)/profit for the financial year |
( |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Statement of Comprehensive Income for the Year Ended 31 December 2025
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2025 |
2024 |
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(Loss)/profit for the year |
( |
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Total comprehensive income for the year |
( |
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Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
(Registration number: 04796309)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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Current assets |
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Debtors |
- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
2 |
2 |
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Retained earnings |
(970,897) |
(969,575) |
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Shareholders' deficit |
(970,895) |
(969,573) |
For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Statement of Changes in Equity for the Year Ended 31 December 2025
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Share capital |
Retained earnings |
Total |
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At 1 January 2025 |
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( |
( |
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Loss for the year |
- |
( |
( |
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At 31 December 2025 |
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( |
( |
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Share capital |
Retained earnings |
Total |
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At 1 January 2024 |
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( |
( |
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Profit for the year |
- |
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At 31 December 2024 |
2 |
(969,575) |
(969,573) |
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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General information |
The company is a private company limited by share capital, incorporated in UK.
The address of its registered office is:
England
The principal place of business is:
Bonds Lane
Elswick
Preston
PR4 3ZE
These financial statements were authorised for issue by the
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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.
Going concern
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant & machinery |
20% straight line |
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Motor vehicles |
25% straight line |
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Fixtures & fittings |
20% straight line |
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Land & buildings |
1% straight line |
Amortisation
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Asset class |
Amortisation method and rate |
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Goodwill |
straight line over 10 years |
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Rigby Central Services |
straight line over 5 years |
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.
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.
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Tangible assets |
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Furniture, fittings and equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 January 2025 |
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At 31 December 2025 |
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Depreciation |
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At 1 January 2025 |
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At 31 December 2025 |
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Carrying amount |
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At 31 December 2025 |
- |
- |
- |
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Debtors |
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Current |
2025 |
2024 |
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Other debtors |
- |
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- |
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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- |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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2 |
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2 |
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Related party transactions |
Loans to related parties
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2025 |
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2024 |
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Loans from related parties
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2025 |
Key management |
Total |
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At start of period |
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Repaid |
( |
( |
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At end of period |
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2024 |
Key management |
Total |
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At start of period |
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Advanced |
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At end of period |
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Parent and ultimate parent undertaking |
The ultimate controlling party is
Bonds of Elswick Ltd
trading as Bonds of Elswick Limited
iXBRL Detailed Profit and Loss Account for the Year Ended 31 December 2025
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2025 |
2024 |
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Turnover/revenue |
- |
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Cost of sales |
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Distribution costs |
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Administrative expenses |
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Audit and accountancy other services |
( |
( |
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Rent, rates and services costs |
- |
( |
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Legal and professional costs |
- |
( |
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Bad debts and impairment losses |
( |
- |
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Bank charges |
( |
( |
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Subscriptions |
( |
( |
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Other costs |
- |
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Other operating income |
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Other items |
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(Loss)/profit for the financial year |
( |
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