IRIS Accounts Production v24.2.0.383 08347962 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083479622023-01-31083479622024-01-31083479622023-02-012024-01-31083479622022-01-31083479622022-02-012023-01-31083479622023-01-3108347962ns15:EnglandWales2023-02-012024-01-3108347962ns14:PoundSterling2023-02-012024-01-3108347962ns10:Director12023-02-012024-01-3108347962ns10:Director22023-02-012024-01-3108347962ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108347962ns10:SmallEntities2023-02-012024-01-3108347962ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108347962ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108347962ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108347962ns10:FullAccounts2023-02-012024-01-3108347962ns10:CompanySecretary12023-02-012024-01-3108347962ns10:RegisteredOffice2023-02-012024-01-3108347962ns5:CurrentFinancialInstruments2024-01-3108347962ns5:CurrentFinancialInstruments2023-01-3108347962ns5:Non-currentFinancialInstruments2024-01-3108347962ns5:Non-currentFinancialInstruments2023-01-3108347962ns5:ShareCapital2024-01-3108347962ns5:ShareCapital2023-01-3108347962ns5:RetainedEarningsAccumulatedLosses2024-01-3108347962ns5:RetainedEarningsAccumulatedLosses2023-01-3108347962ns5:PlantMachinery2023-02-012024-01-3108347962ns5:MotorVehicles2023-02-012024-01-3108347962ns5:ComputerEquipment2023-02-012024-01-3108347962ns5:PlantMachinery2023-01-3108347962ns5:MotorVehicles2023-01-3108347962ns5:ComputerEquipment2023-01-3108347962ns5:PlantMachinery2024-01-3108347962ns5:MotorVehicles2024-01-3108347962ns5:ComputerEquipment2024-01-3108347962ns5:PlantMachinery2023-01-3108347962ns5:MotorVehicles2023-01-3108347962ns5:ComputerEquipment2023-01-3108347962ns5:CostValuation2023-01-3108347962ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108347962ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31
REGISTERED NUMBER: 08347962 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

BLADE CONSULTANCY LIMITED

BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLADE CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr G C Nicie
Mrs J Nicie





SECRETARY: Mrs B J Howe





REGISTERED OFFICE: Unit 19 Mitchell Point
Ensign Way
Hamble le Rice
Southampton
Hampshire
SO31 4RF





REGISTERED NUMBER: 08347962 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,874 37,052
Investments 5 408 408
26,282 37,460

CURRENT ASSETS
Debtors 6 753,066 700,369
Cash at bank 7,046 48,021
760,112 748,390
CREDITORS
Amounts falling due within one year 7 121,177 132,776
NET CURRENT ASSETS 638,935 615,614
TOTAL ASSETS LESS CURRENT
LIABILITIES

665,217

653,074

CREDITORS
Amounts falling due after more than one
year

8

(37,686

)

(50,095

)

PROVISIONS FOR LIABILITIES (782 ) (2,001 )
NET ASSETS 626,749 600,978

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 626,747 600,976
SHAREHOLDERS' FUNDS 626,749 600,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:




Mr G C Nicie - Director



Mrs J Nicie - Director


BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Blade Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts invoiced for management consultancy services provided net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 9,668 71,801 1,307 82,776
DEPRECIATION
At 1 February 2023 6,813 38,476 435 45,724
Charge for year 426 10,317 435 11,178
At 31 January 2024 7,239 48,793 870 56,902
NET BOOK VALUE
At 31 January 2024 2,429 23,008 437 25,874
At 31 January 2023 2,855 33,325 872 37,052

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 408
NET BOOK VALUE
At 31 January 2024 408
At 31 January 2023 408

BLADE CONSULTANCY LIMITED (REGISTERED NUMBER: 08347962)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,333 5,500
Amounts owed by associates 740,361 684,361
Other debtors 9,372 10,508
753,066 700,369

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,956 5,957
Hire purchase contracts 6,455 6,455
Amounts owed to associates 103,684 111,534
Taxation and social security 2,722 4,640
Other creditors 2,360 4,190
121,177 132,776

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 31,768 37,724
Hire purchase contracts 5,918 12,371
37,686 50,095

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 12,373 18,826

Hire purchase debts are secured over the assets to which they relate.