BLX VENUES LIMITED

Company Registration Number:
13896416 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 6 February 2022

End date: 28 February 2023

BLX VENUES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BLX VENUES LIMITED

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal activities of the company

Public house. The sale of alcohol is the principle activity of the company. The restaurant has been sun let and makes up for 15% of business sales



Directors

The director shown below has held office during the whole of the period from
6 February 2022 to 28 February 2023

Awolaja Francis Sena


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 March 2024

And signed on behalf of the board by:
Name: Awolaja Francis Sena
Status: Director

BLX VENUES LIMITED

Profit And Loss Account

for the Period Ended 28 February 2023

13 months to 28 February 2023


£
Turnover: 29,055
Cost of sales: ( 9,588 )
Gross profit(or loss): 19,467
Distribution costs: ( 6,500 )
Administrative expenses: ( 13,277 )
Other operating income: 0
Operating profit(or loss): (310)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (310)
Tax: 0
Profit(or loss) for the financial year: (310)

BLX VENUES LIMITED

Balance sheet

As at 28 February 2023

Notes 13 months to 28 February 2023


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 250
Tangible assets: 4 15,000
Investments: 5 120,000
Total fixed assets: 135,250
Current assets
Stocks: 6 5,000
Debtors:   0
Cash at bank and in hand: 2,784
Investments:   0
Total current assets: 7,784
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 7,784
Total assets less current liabilities: 143,034
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: ( 2,000 )
Accruals and deferred income: 0
Total net assets (liabilities): 141,034
Capital and reserves
Called up share capital: 140,724
Share premium account: 0
Other reserves: 0
Profit and loss account: 310
Total Shareholders' funds: 141,034

The notes form part of these financial statements

BLX VENUES LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 March 2024
and signed on behalf of the board by:

Name: Awolaja Francis Sena
Status: Director

The notes form part of these financial statements

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    13 months to 28 February 2023
    Average number of employees during the period 4

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 250 0 250
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 28 February 2023 250 0 250
Amortisation
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 28 February 2023 0 0 0
Net book value
At 28 February 2023 250 0 250

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 10,000 5,000 15,000
Disposals
Revaluations
Transfers
At 28 February 2023 10,000 5,000 15,000
Depreciation
Charge for year
On disposals
Other adjustments
At 28 February 2023
Net book value
At 28 February 2023 10,000 5,000 15,000

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Fixed assets investments note

120000 for building lease and rent deposit 15000 furniture and equipment 250 trademark name Islington blend

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Stocks

13 months to 28 February 2023
£
Stocks 5,000
Total 5,000

BLX VENUES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7. Financial Commitments

I have to pay £2500 a month to the landlord. The business only started trading in November