Company Registration No. 10181993 (England and Wales)
Blazon Agency Limited
Unaudited accounts
for the year ended 31 May 2024
Blazon Agency Limited
Unaudited accounts
Contents
Blazon Agency Limited
Company Information
for the year ended 31 May 2024
Company Number
10181993 (England and Wales)
Registered Office
Floor 3
86-90 Paul Street
London
EC2A 4NE
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Blazon Agency Limited
Statement of financial position
as at 31 May 2024
Tangible assets
2,112
2,366
Cash at bank and in hand
151,191
68,005
Creditors: amounts falling due within one year
(141,437)
(51,647)
Net current assets
45,780
88,911
Total assets less current liabilities
47,892
91,277
Creditors: amounts falling due after more than one year
(30,831)
(31,561)
Called up share capital
1,000
1,000
Profit and loss account
16,061
58,716
Shareholders' funds
17,061
59,716
For the year ending 31 May 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 4 November 2024 and were signed on its behalf by
Michael Raven
Director
Company Registration No. 10181993
Blazon Agency Limited
Notes to the Accounts
for the year ended 31 May 2024
Blazon Agency Limited is a private company, limited by shares, registered in England and Wales, registration number 10181993. The registered office is Floor 3, 86-90 Paul Street, London, EC2A 4NE.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Expenditure on research and development is written off in the year in which it is incurred.
Blazon Agency Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
316
6,963
7,279
At 31 May 2024
316
8,102
8,418
At 1 June 2023
206
4,707
4,913
Charge for the year
79
1,314
1,393
At 31 May 2024
285
6,021
6,306
At 31 May 2024
31
2,081
2,112
At 31 May 2023
110
2,256
2,366
Amounts falling due within one year
Trade debtors
33,250
72,553
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,235
11,235
Trade creditors
6,008
3,144
Taxes and social security
39,468
34,386
Other creditors
30,863
2,702
Loans from directors
23,037
-
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Blazon Agency Limited
Notes to the Accounts
for the year ended 31 May 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).