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REGISTERED NUMBER: 13677214 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Blossom Innov8 Limited

Blossom Innov8 Limited (Registered number: 13677214)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Blossom Innov8 Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: A Wilkinson
S P Wilkinson





REGISTERED OFFICE: Suite 223
Northlight House
Pendle Road, Brierfield
Nelson
Lancashire
BB9 5FL





REGISTERED NUMBER: 13677214 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Blossom Innov8 Limited (Registered number: 13677214)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Intangible assets 5 191,545 217,545
Tangible assets 6 1,027 887
192,572 218,432

CURRENT ASSETS
Debtors 7 19,713 13,911
Cash at bank and in hand 411,560 522,010
431,273 535,921
CREDITORS
Amounts falling due within one year 8 (504,895 ) (375,117 )
NET CURRENT (LIABILITIES)/ASSETS (73,622 ) 160,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,950

379,236

CREDITORS
Amounts falling due after more than one
year

9

(751,000

)

(751,000

)
NET LIABILITIES (632,050 ) (371,764 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (632,150 ) (371,864 )
SHAREHOLDERS' FUNDS (632,050 ) (371,764 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Statement of Income and Retained Earnings has not been delivered.

Blossom Innov8 Limited (Registered number: 13677214)

Balance Sheet - continued
31 May 2024



The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





S P Wilkinson - Director


Blossom Innov8 Limited (Registered number: 13677214)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Blossom Innov8 Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis on the understanding that the directors will continue to support the company for the foreseeable future.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

4. EMPLOYEES AND DIRECTORS

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

Blossom Innov8 Limited (Registered number: 13677214)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 June 2023
and 31 May 2024 260,000
AMORTISATION
At 1 June 2023 42,455
Charge for year 26,000
At 31 May 2024 68,455
NET BOOK VALUE
At 31 May 2024 191,545
At 31 May 2023 217,545

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023 1,324
Additions 691
At 31 May 2024 2,015
DEPRECIATION
At 1 June 2023 437
Charge for year 551
At 31 May 2024 988
NET BOOK VALUE
At 31 May 2024 1,027
At 31 May 2023 887

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
VAT 1,841 2,454
Prepayments 17,872 11,457
19,713 13,911

Blossom Innov8 Limited (Registered number: 13677214)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 144 -
Amounts owed to group undertakings 420,006 290,372
Accruals and deferred income 84,745 84,745
504,895 375,117

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Directors' loan accounts 751,000 751,000

10. ULTIMATE CONTROLLING PARTY

The immediate parent company is Meritec Group Holdings Limited, whose registered address is Meritec House, Acorn Business Park, Skipton, North Yorkshire, BD23 2UE.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Blossom Innov8 Limited

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 Blossom Innov8 Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Blossom Innov8 Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blossom Innov8 Limited and state those matters that we have agreed to state to the Board of Directors of Blossom Innov8 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blossom Innov8 Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Blossom Innov8 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 Blossom Innov8 Limited. You consider that Blossom Innov8 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 Blossom Innov8 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.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


27 January 2025