Company Registration No. 14698991 (England and Wales)
Bliz Electronics Limited
Unaudited accounts
for the period from 12 April 2023 to 31 March 2024
Bliz Electronics Limited
Unaudited accounts
Contents
Bliz Electronics Limited
Company Information
for the period from 12 April 2023 to 31 March 2024
Company Number
14698991 (England and Wales)
Registered Office
91 Bickenhall Mansions
Bickenhall Street
London
W1U 6BS
England
Accountants
Anthony Daniel Associates Ltd
10 Julian Place
London
E14 3AT
Bliz Electronics Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
11,644
Creditors: amounts falling due within one year
(115,062)
Net current liabilities
(62,782)
Called up share capital
100
Profit and loss account
(62,551)
Shareholders' funds
(62,451)
For the period ending 31 March 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 21 November 2024 and were signed on its behalf by
Yaqun Zou
Director
Company Registration No. 14698991
Bliz Electronics Limited
Notes to the Accounts
for the period from 12 April 2023 to 31 March 2024
Bliz Electronics Limited is a private company, limited by shares, registered in England and Wales, registration number 14698991. The registered office is 91 Bickenhall Mansions, Bickenhall Street, London, W1U 6BS, England.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
20% on cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
Bliz Electronics Limited
Notes to the Accounts
for the period from 12 April 2023 to 31 March 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
493
6
Creditors: amounts falling due within one year
2024
Taxes and social security
767
Loans from directors
75,655
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 1.