Registered Number:04570537 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
Blok Solutions Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Blok Solutions Ltd.
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,680,819
1,689,738
2
1,680,819
1,689,738
Trade and other receivables |
264
-
3
455,550
Cash and cash equivalents |
568,035
568,035
455,814
Trade and other payables: amounts falling due within one |
year |
(58,571)
(78,691)
4
397,243
489,344
Net current assets
Total assets less current liabilities |
2,170,163
2,086,981
2,170,163
Net assets
2,086,981
100
100
2,170,063
2,086,881
2,170,163
2,086,981
Shareholders' funds
For the year ended 31 December 2023 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr. S.A. Macleod Director |
These financial statements were approved and authorised for issue by the Board on 31 January 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2023
Blok Solutions Ltd.
Notes to the Financial Statements
Statutory Information
Blok Solutions Ltd. is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 04570537. |
Principal place of business: |
35 Whiteway Road
St. George
Bristol
BS5 7QW
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 December 2023
Blok Solutions Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
1,739,668
3,662
54,235
6,909
1,674,862
1,015
1,015
-
-
-
-
(10,600)
-
-
(10,600)
6,909
43,635
4,677
1,730,083
1,674,862
Provision for depreciation and impairment |
49,930
3,266
39,931
6,733
-
Charge for year
1,984
352
1,588
44
-
(2,650)
-
(2,650)
-
-
49,264
3,618
38,869
6,777
-
1,674,862
132
4,766
1,059
1,680,819
1,674,862
176
14,304
396
1,689,738
3. Trade and other receivables |
2022
2023
-
264
4. Trade and other payables: amounts falling due within one year |
2022
2023
862
2,404
Taxation and social security |
30,991
15,209
46,838
40,958
78,691
58,571
5. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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