BLOODSTONE TATTOO COLLECTIVE LTD

Company Registration Number:
NI657994 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BLOODSTONE TATTOO COLLECTIVE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BLOODSTONE TATTOO COLLECTIVE LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 11,113 8,346
Total fixed assets: 11,113 8,346
Current assets
Stocks: 2,043 1,230
Cash at bank and in hand: 1,072 5,533
Total current assets: 3,115 6,763
Creditors: amounts falling due within one year:   (9,775) (9,948)
Net current assets (liabilities): (6,660) (3,185)
Total assets less current liabilities: 4,453 5,161
Creditors: amounts falling due after more than one year:   (2,439) (3,771)
Total net assets (liabilities): 2,014 1,390
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,013 1,389
Shareholders funds: 2,014 1,390

The notes form part of these financial statements

BLOODSTONE TATTOO COLLECTIVE LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 October 2024
and signed on behalf of the board by:

Name: Nathan Hamilton
Status: Director

The notes form part of these financial statements

BLOODSTONE TATTOO COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

Turnover policy

Turnover comprises the invoice value of goods supplied by the company

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows. Plant and machinery 15% straight line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

BLOODSTONE TATTOO COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

BLOODSTONE TATTOO COLLECTIVE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 14,128
Additions 6,991
At 31 December 2023 21,119
Depreciation
At 01 January 2023 5,782
Charge for year 4,224
At 31 December 2023 10,006
Net book value
At 31 December 2023 11,113
At 31 December 2022 8,346