Company Registration No. 00738607 (England and Wales)
Bloo Horizon Limited
Unaudited accounts
for the year ended 30 November 2022
Bloo Horizon Limited
Unaudited accounts
Contents
Bloo Horizon Limited
Company Information
for the year ended 30 November 2022
Directors
Lisa Gabrielle Blakey
Jacob Blakey
Jeremy Sean Blakey
Company Number
00738607 (England and Wales)
Registered Office
6 Redcliff Road
Melton
HU14 3RS
England
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Bloo Horizon Limited
Statement of financial position
as at 30 November 2022
Intangible assets
3,197
3,197
Tangible assets
821,961
791,175
Inventories
202,722
425,093
Cash at bank and in hand
73,959
21,739
Creditors: amounts falling due within one year
(451,649)
(510,349)
Net current liabilities
(69,781)
(50,606)
Total assets less current liabilities
755,377
743,766
Creditors: amounts falling due after more than one year
(307,296)
(329,270)
Net assets
448,081
414,496
Called up share capital
10,000
10,000
Revaluation reserve
513,067
528,987
Profit and loss account
(74,986)
(124,491)
Shareholders' funds
448,081
414,496
For the year ending 30 November 2022 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 25 August 2023 and were signed on its behalf by
Jeremy Sean Blakey
Director
Company Registration No. 00738607
Bloo Horizon Limited
Notes to the Accounts
for the year ended 30 November 2022
Bloo Horizon Limited is a private company, limited by shares, registered in England and Wales, registration number 00738607. The registered office is 6 Redcliff Road, Melton, HU14 3RS, 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.
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:
Land & buildings
2% Straight Line
Plant & machinery
25% Straight Line
Motor vehicles
33% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Other
Bloo Horizon Limited
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2021
1,010,000
3,870
15,555
9,063
1,038,488
Additions
-
38,350
17,500
1,211
57,061
At 30 November 2022
1,010,000
42,220
33,055
10,274
1,095,549
At 1 December 2021
222,200
2,903
15,555
6,655
247,313
Charge for the year
20,200
1,082
3,132
1,861
26,275
At 30 November 2022
242,400
3,985
18,687
8,516
273,588
At 30 November 2022
767,600
38,235
14,368
1,758
821,961
At 30 November 2021
787,800
967
-
2,408
791,175
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
89,750
-
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
36,540
36,540
Obligations under finance leases and hire purchase contracts
14,792
1,681
Trade creditors
18,626
10,025
Taxes and social security
3,564
3,106
Loans from directors
377,227
457,539
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
307,296
325,508
Obligations under finance leases and hire purchase contracts
-
3,762
Bloo Horizon Limited
Notes to the Accounts
for the year ended 30 November 2022
Allotted, called up and fully paid:
5,000 Ordinary A of £1 each
5,000
5,000
2,500 Ordinary B of £1 each
2,500
2,500
2,500 Ordinary C of £1 each
2,500
2,500
During the period under review the ultimate controlling party was Mr J Blakey.
11
Average number of employees
During the year the average number of employees was 4 (2021: 3).