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REGISTERED NUMBER: 09511543 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BLAXIOM LIMITED

BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

BLAXIOM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: P Singh





REGISTERED OFFICE: 82 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PA





REGISTERED NUMBER: 09511543 (England and Wales)





ACCOUNTANTS: Andrew Thomas Accountancy Limited
Chartered Certified Accountants
82 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PA

BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 7,867 13,288
Tangible assets 4 2,271,209 2,171,998
2,279,076 2,185,286

CURRENT ASSETS
Stocks 11,046 11,378
Debtors 671,311 622,941
Cash at bank and in hand 16,526 62,105
698,883 696,424
CREDITORS
Amounts falling due within one year 83,703 86,587
NET CURRENT ASSETS 615,180 609,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,894,256

2,795,123

CREDITORS
Amounts falling due after more than one
year

(1,924,369

)

(1,829,522

)

PROVISIONS FOR LIABILITIES (32,977 ) (24,477 )

ACCRUALS AND DEFERRED INCOME (3,236 ) (3,558 )
NET ASSETS 933,674 937,566

CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 856,162 856,162
Retained earnings 77,412 81,304
SHAREHOLDERS' FUNDS 933,674 937,566

BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





P Singh - Director


BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. 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 as modified by the revaluation of certain assets.

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.

Computer software development 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.
Freehold property - 4% on cost
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.


BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

3. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 54,208
AMORTISATION
At 1 April 2023 40,920
Amortisation for year 5,421
At 31 March 2024 46,341
NET BOOK VALUE

At 31 March 2024 7,867
At 31 March 2023 13,288

BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 April 2023 2,430,594
Additions 173,670
Disposals (3,498 )
At 31 March 2024 2,600,766
DEPRECIATION
At 1 April 2023 258,596
Charge for year 70,961
At 31 March 2024 329,557
NET BOOK VALUE
At 31 March 2024 2,271,209
At 31 March 2023 2,171,998

Included in cost or valuation of land and buildings is freehold land of £ 1,908,402 (2023 - £ 1,760,406 ) which is not depreciated.

Cost or valuation at 31 March 2024 is represented by:

Totals
£   
Valuation in 2020 1,400,000
Cost 1,200,766
2,600,766

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 574,124 574,124
Aggregate depreciation 30,286 30,286

Value of land in freehold land and buildings 543,838 543,838

Freehold land and buildings were valued on an open market basis on 31 March 2020 by a professional valuer (MRICS) .

BLAXIOM LIMITED (REGISTERED NUMBER: 09511543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BLAXIOM LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blaxiom Limited for the year ended 31 March 2024 which comprise the Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Blaxiom Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blaxiom Limited and state those matters that we have agreed to state to the director of Blaxiom Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Blaxiom Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Blaxiom Limited. You consider that Blaxiom Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blaxiom Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Andrew Thomas Accountancy Limited
Chartered Certified Accountants
82 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PA


26 November 2024