Company Registration No. 11174280 (England and Wales)
Blinko Limited
Unaudited accounts
for the year ended 31 January 2024
Blinko Limited
Unaudited accounts
Contents
Blinko Limited
Company Information
for the year ended 31 January 2024
Company Number
11174280 (England and Wales)
Blinko Limited
Statement of financial position
as at 31 January 2024
Investments
374,038
442,566
Creditors: amounts falling due within one year
(44,540)
(61,346)
Net current liabilities
(41,618)
(60,506)
Total assets less current liabilities
332,420
382,720
Creditors: amounts falling due after more than one year
(490,097)
(458,859)
Net liabilities
(157,677)
(76,139)
Called up share capital
100
100
Profit and loss account
(157,777)
(76,239)
Shareholders' funds
(157,677)
(76,139)
For the year ending 31 January 2024 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 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 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 and authorised for issue on 28 October 2024 and were signed on its behalf by
Max Begon-Lours
Director
Company Registration No. 11174280
Blinko Limited
Notes to the Accounts
for the year ended 31 January 2024
Blinko Limited is a private company, limited by shares, registered in England and Wales, registration number 11174280.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
straight line over 5 years
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 February 2023
442,566
Fair value adjustments
(148,504)
Valuation at 31 January 2024
374,038
Blinko Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
43,298
57,731
Taxes and social security
-
2,838
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
130,112
46,380
Loans from directors
359,985
412,479
9
Transactions with related parties
The loan from the director has not been overdrawn at any time during the year. It is non interest bearing and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).