Acorah Software Products - Accounts Production 14.5.601 false true 31 May 2022 1 June 2021 false 1 June 2022 31 May 2023 31 May 2023 07247524 Mr Vladimir Radenkovic iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07247524 2022-05-31 07247524 2023-05-31 07247524 2022-06-01 2023-05-31 07247524 frs-core:CurrentFinancialInstruments 2023-05-31 07247524 frs-core:FurnitureFittings 2023-05-31 07247524 frs-core:FurnitureFittings 2022-06-01 2023-05-31 07247524 frs-core:FurnitureFittings 2022-05-31 07247524 frs-core:ShareCapital 2023-05-31 07247524 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 07247524 frs-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 07247524 frs-bus:FilletedAccounts 2022-06-01 2023-05-31 07247524 frs-bus:SmallEntities 2022-06-01 2023-05-31 07247524 frs-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 07247524 frs-bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 07247524 frs-bus:Director1 2022-06-01 2023-05-31 07247524 frs-countries:EnglandWales 2022-06-01 2023-05-31 07247524 2021-05-31 07247524 2022-05-31 07247524 2021-06-01 2022-05-31 07247524 frs-core:CurrentFinancialInstruments 2022-05-31 07247524 frs-core:ShareCapital 2022-05-31 07247524 frs-core:RetainedEarningsAccumulatedLosses 2022-05-31
Registered number: 07247524
BLL Online Ltd
Financial Statements
For The Year Ended 31 May 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07247524
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 107 143
107 143
CURRENT ASSETS
Debtors 5 16,000 -
Cash at bank and in hand 36,855 57,821
52,855 57,821
Creditors: Amounts Falling Due Within One Year 6 (52,260 ) (32,538 )
NET CURRENT ASSETS (LIABILITIES) 595 25,283
TOTAL ASSETS LESS CURRENT LIABILITIES 702 25,426
NET ASSETS 702 25,426
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 602 25,326
SHAREHOLDERS' FUNDS 702 25,426
Page 1
Page 2
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Vladimir Radenkovic
Director
15 April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BLL Online Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07247524 . The registered office is 15 The Broadway, Woodford Green, Essex, IG8 0HL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of services supplied by the company.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Reducing Balance Basis
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 June 2022 1,675
As at 31 May 2023 1,675
Depreciation
As at 1 June 2022 1,532
Provided during the period 36
As at 31 May 2023 1,568
Net Book Value
As at 31 May 2023 107
As at 1 June 2022 143
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 16,000 -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts - 2,513
Corporation tax 30,225 23,370
VAT 16,859 -
Other creditors - 2,400
Accruals and deferred income 5,176 4,255
52,260 32,538
Page 4
Page 5
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5