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REGISTERED NUMBER: SC549343 (Scotland)















Unaudited Financial Statements For The Year Ended 30 November 2022

for

BLEK LTD

BLEK LTD (Registered number: SC549343)






Contents of the Financial Statements
For The Year Ended 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLEK LTD

Company Information
For The Year Ended 30 November 2022







DIRECTORS: A Ahmed
A Ahmed





REGISTERED OFFICE: 47 Finnieston Street
Glasgow
G3 8JU





REGISTERED NUMBER: SC549343 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

BLEK LTD (Registered number: SC549343)

Balance Sheet
30 November 2022

30.11.22 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89,394 89,394

CURRENT ASSETS
Stocks 7,854 7,854
Debtors 5 277,886 277,886
Cash at bank and in hand 93,127 93,127
378,867 378,867
CREDITORS
Amounts falling due within one year 6 390,819 390,819
NET CURRENT LIABILITIES (11,952 ) (11,952 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,442

77,442

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 77,342 77,342
SHAREHOLDERS' FUNDS 77,442 77,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLEK LTD (Registered number: SC549343)

Balance Sheet - continued
30 November 2022


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by:




A Ahmed - Director



A Ahmed - Director


BLEK LTD (Registered number: SC549343)

Notes to the Financial Statements
For The Year Ended 30 November 2022

1. STATUTORY INFORMATION

BLEK LTD is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 21 ).

BLEK LTD (Registered number: SC549343)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2021
and 30 November 2022 204,279 53,350 257,629
DEPRECIATION
At 1 December 2021
and 30 November 2022 145,490 22,745 168,235
NET BOOK VALUE
At 30 November 2022 58,789 30,605 89,394
At 30 November 2021 58,789 30,605 89,394

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Loan to BLQM Ltd 255,000 255,000
VAT 22,886 22,886
277,886 277,886

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Trade creditors 2,950 2,950
Tax 8,311 8,311
Paye 8,119 8,119
Bounce Back Loan 50,000 50,000
Funding Circle Loan 235,000 235,000
Directors' loan accounts 79,299 79,299
Accrued expenses 7,140 7,140
390,819 390,819

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.11.22 30.11.21
value: £    £   
100 Ordinary 1 100 100

BLEK LTD (Registered number: SC549343)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2022

8. RESERVES
Retained
earnings
£   

At 1 December 2021 77,342
Profit for the year -
At 30 November 2022 77,342