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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
Page
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Blazon Agency Limited Company Information for the year ended 31 May 2024
Director
Michael Raven
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
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Blazon Agency Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,112 
2,366 
Current assets
Debtors
36,026 
72,553 
Cash at bank and in hand
151,191 
68,005 
187,217 
140,558 
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)
Net assets
17,061 
59,716 
Capital and reserves
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
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Blazon Agency Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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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 
Additions
- 
1,139 
1,139 
At 31 May 2024
316 
8,102 
8,418 
Depreciation
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 
Net book value
At 31 May 2024
31 
2,081 
2,112 
At 31 May 2023
110 
2,256 
2,366 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,776 
- 
Trade debtors
33,250 
72,553 
36,026 
72,553 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,235 
11,235 
VAT
- 
180 
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 
- 
Accruals
30,826 
- 
141,437 
51,647 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,831 
31,561 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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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).
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