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REGISTERED NUMBER: 13071425 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bloch & Co UK Ltd

Bloch & Co UK Ltd (Registered number: 13071425)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bloch & Co UK Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M M Bloch
L Bloch
BurneMcCawley Ltd





REGISTERED OFFICE: 8 Linnet Court
Cawledge Business Park
Alnwick
Northumberland
NE66 2GD





REGISTERED NUMBER: 13071425 (England and Wales)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Bloch & Co UK Ltd (Registered number: 13071425)

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 4,451 5,934

CURRENT ASSETS
Stocks 4 372,825 306,800
Debtors 5 96,323 65,056
Cash at bank 83,153 144,330
552,301 516,186
CREDITORS
Amounts falling due within one year 6 266,652 278,972
NET CURRENT ASSETS 285,649 237,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,100

243,148

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 290,000 243,048
290,100 243,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 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.

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 5 March 2024 and were signed on its behalf by:





M M Bloch - Director


Bloch & Co UK Ltd (Registered number: 13071425)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. 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.
Computer equipment - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Bloch & Co UK Ltd (Registered number: 13071425)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 6,790
DEPRECIATION
At 1 January 2023 856
Charge for year 1,483
At 31 December 2023 2,339
NET BOOK VALUE
At 31 December 2023 4,451
At 31 December 2022 5,934

4. STOCKS
31/12/23 31/12/22
£    £   
Stocks 372,825 306,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 96,323 65,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 2,400 163,862
Amounts owed to associates 175,526 -
Tax 13,983 30,544
VAT 72,468 82,354
Other creditors 890 890
Accrued expenses 1,385 1,322
266,652 278,972