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REGISTERED NUMBER: 11772531 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

BLOCKSMART CONSULTING LTD
TRADING AS
FIRESYDE

BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE






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


BLOCKSMART CONSULTING LTD
TRADING AS FIRESYDE

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: F Hutley
V Hutley





SECRETARY:





REGISTERED OFFICE: Slades Farm House
Thorncombe Street
Bramley
Guildford
Surrey
GU5 0LT





REGISTERED NUMBER: 11772531 (England and Wales)





ACCOUNTANT: Bernard Brace FCCA
52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ

BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 43,224 22,500
Tangible assets 5 144,770 46,882
187,994 69,382

CURRENT ASSETS
Debtors 6 12,203 -
Cash at bank 129,888 57,556
142,091 57,556
CREDITORS
Amounts falling due within one year 7 20,822 30,648
NET CURRENT ASSETS 121,269 26,908
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,263

96,290

CREDITORS
Amounts falling due after more than one
year

8

296,845

90,781
NET ASSETS 12,418 5,509

CAPITAL AND RESERVES
Called up share capital 100 -
Retained earnings 9 12,318 5,509
12,418 5,509

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.

BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





F Hutley - Director


BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

BLOCKSMART CONSULTING LTD 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Research & Developments Costs are being amortised evenly over their estimated useful life of ten years.

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
Fixtures and fittings - 15% on reducing balance

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023 25,000
Additions 25,804
At 31 January 2024 50,804
AMORTISATION
At 1 February 2023 2,500
Charge for year 5,080
At 31 January 2024 7,580
NET BOOK VALUE
At 31 January 2024 43,224
At 31 January 2023 22,500

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 February 2023 77,836 - 77,836
Additions 123,142 17,235 140,377
Disposals (30,000 ) - (30,000 )
At 31 January 2024 170,978 17,235 188,213
DEPRECIATION
At 1 February 2023 30,954 - 30,954
Charge for year 15,903 2,586 18,489
Eliminated on disposal (6,000 ) - (6,000 )
At 31 January 2024 40,857 2,586 43,443
NET BOOK VALUE
At 31 January 2024 130,121 14,649 144,770
At 31 January 2023 46,882 - 46,882

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 12,203 -

BLOCKSMART CONSULTING LTD (REGISTERED NUMBER: 11772531)
TRADING AS FIRESYDE

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1,272 1
Taxation and social security 4,712 2,464
Other creditors 14,838 28,183
20,822 30,648

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 155,904 35,781
Other creditors 140,941 55,000
296,845 90,781

9. RESERVES
Retained
earnings
£   

At 1 February 2023 5,509
Profit for the year 6,809
At 31 January 2024 12,318

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included under Other Creditors is an advance from Mr F Hutley a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
F Hutley
Balance outstanding at start of year 55,000 -
Amounts advanced 85,941 55,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 140,941 55,000