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Company Registration No. 13217785 (England and Wales)
Blinktown Group Ltd Unaudited accounts for the year ended 31 December 2023
Blinktown Group Ltd Unaudited accounts Contents
Page
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Blinktown Group Ltd Company Information for the year ended 31 December 2023
Directors
Florence Lai Bing Kum Blinktown Upper Ltd
Company Number
13217785 (England and Wales)
Registered Office
84 Woodland Gardens Isleworth London TW7 6LP
Accountants
Beckett Taylor Limited 63-66 Hatton Garden London EC1N 8LE
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Blinktown Group Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
72,972 
90,560 
Tangible assets
150,848 
32,644 
223,820 
123,204 
Current assets
Debtors
46,651 
53,467 
Cash at bank and in hand
42 
48,108 
46,693 
101,575 
Creditors: amounts falling due within one year
(506,360)
(295,404)
Net current liabilities
(459,667)
(193,829)
Net liabilities
(235,847)
(70,625)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(235,848)
(70,626)
Shareholders' funds
(235,847)
(70,625)
For the year ending 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Florence Lai Bing Kum Director Company Registration No. 13217785
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Blinktown Group Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Blinktown Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13217785. The registered office is 84 Woodland Gardens, Isleworth, London, TW7 6LP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased franchises) are included at cost less accumulated amortisation. Over five years.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The financial statements of the company for this year end have been prepared on the assumption that the company will continue its operations in the foreseeable future (going concern basis). The directors have provided funding to support the company and meet its obligations. They believe that this funding, along with cost reduction measures and business plans, will enable the company to continue operating.
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Blinktown Group Ltd Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
113,200 
Additions
6,315 
At 31 December 2023
119,515 
Amortisation
At 1 January 2023
22,640 
Charge for the year
23,903 
At 31 December 2023
46,543 
Net book value
At 31 December 2023
72,972 
At 31 December 2022
90,560 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
30,000 
6,444 
1,082 
37,526 
Additions
127,965 
7,326 
2,204 
137,495 
At 31 December 2023
157,965 
13,770 
3,286 
175,021 
Depreciation
At 1 January 2023
3,000 
1,611 
271 
4,882 
Charge for the year
15,497 
3,040 
754 
19,291 
At 31 December 2023
18,497 
4,651 
1,025 
24,173 
Net book value
At 31 December 2023
139,468 
9,119 
2,261 
150,848 
At 31 December 2022
27,000 
4,833 
811 
32,644 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
18,467 
Trade debtors
6,686 
- 
Accrued income and prepayments
39,965 
35,000 
46,651 
53,467 
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Blinktown Group Ltd Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
92,038 
- 
VAT
268 
- 
Trade creditors
56,749 
60,385 
Taxes and social security
1,844 
- 
Other creditors
62,657 
- 
Loans from directors
291,054 
234,419 
Accruals
1,750 
600 
506,360 
295,404 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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