Registered number
12809619
Blox Stock Ltd
Filleted Accounts
31 March 2024
Blox Stock Ltd
Registered number: 12809619
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,383 4,510
Current assets
Debtors 4 362,477 151,835
Cash at bank and in hand 169,914 347,019
532,391 498,854
Creditors: amounts falling due within one year 5 (276,551) (197,352)
Net current assets 255,840 301,502
Net assets 259,223 306,012
Capital and reserves
Called up share capital 10 10
Profit and loss account 259,213 306,002
Shareholders' funds 259,223 306,012
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Bloxham
Director
Approved by the board on 12 April 2024
Blox Stock Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 8,514
At 31 March 2024 8,514
Depreciation
At 1 April 2023 4,004
Charge for the year 1,127
At 31 March 2024 5,131
Net book value
At 31 March 2024 3,383
At 31 March 2023 4,510
4 Debtors 2024 2023
£ £
Trade debtors 362,477 151,835
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 148,122 91,478
Taxation and social security costs 102,945 101,412
Other creditors 25,484 4,462
276,551 197,352
6 Other information
Blox Stock Ltd is a private company limited by shares and incorporated in England. Its registered office is:
c/o Holmes Accountancy.co.uk
Unit 15.2 - Linford Forum
18 Rockingham Drive
Milton Keynes
MK14 6LY
Blox Stock Ltd 12809619 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 C Bloxham No description of principal activity 12809619 2022-04-01 2023-03-31 12809619 core:WithinOneYear 2023-03-31 12809619 core:ShareCapital 2023-03-31 12809619 core:RetainedEarningsAccumulatedLosses 2023-03-31 12809619 2023-04-01 2024-03-31 12809619 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12809619 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12809619 bus:Director40 2023-04-01 2024-03-31 12809619 1 2023-04-01 2024-03-31 12809619 2 2023-04-01 2024-03-31 12809619 core:PlantMachinery 2023-04-01 2024-03-31 12809619 countries:England 2023-04-01 2024-03-31 12809619 bus:FRS102 2023-04-01 2024-03-31 12809619 bus:FilletedAccounts 2023-04-01 2024-03-31 12809619 2024-03-31 12809619 core:WithinOneYear 2024-03-31 12809619 core:ShareCapital 2024-03-31 12809619 core:RetainedEarningsAccumulatedLosses 2024-03-31 12809619 core:PlantMachinery 2024-03-31 12809619 2023-03-31 12809619 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure