2024-01-01 04570537 2024-12-31 04570537 2024-01-01 2024-12-31 04570537 2023-12-31 04570537 2023-01-01 2023-12-31 04570537 uk-core:WithinOneYear 2023-12-31 04570537 uk-core:WithinOneYear 2024-12-31 04570537 uk-core:ShareCapital 2024-12-31 04570537 uk-core:ShareCapital 2023-12-31 04570537 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 04570537 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04570537 uk-bus:Director1 2024-01-01 2024-12-31 04570537 uk-core:Buildings 2024-01-01 2024-12-31 04570537 uk-core:PlantMachinery 2024-01-01 2024-12-31 04570537 uk-core:ToolsEquipment 2024-01-01 2024-12-31 04570537 uk-core:Vehicles 2024-01-01 2024-12-31 04570537 uk-core:ToolsEquipment 2023-12-31 04570537 uk-core:Vehicles 2023-12-31 04570537 uk-core:PlantMachinery 2023-12-31 04570537 uk-core:Buildings 2023-12-31 04570537 uk-core:PlantMachinery 2024-12-31 04570537 uk-core:Vehicles 2024-12-31 04570537 uk-core:ToolsEquipment 2024-12-31 04570537 uk-core:Buildings 2024-12-31 iso4217:GBP xbrli:pure 04570537 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04570537 uk-bus:FRS102 2024-01-01 2024-12-31 04570537 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 04570537 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Blok Solutions Ltd.
Registered Number:04570537
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Blok Solutions Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04570537
As at 31 December 2024
Blok Solutions Ltd.
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,833,386
1,680,819
2
1,833,386
1,680,819
Current assets
Trade and other receivables
-
11,628
3
568,035
Cash and cash equivalents
465,393
477,021
568,035
Trade and other payables: amounts falling due within one
year
(78,691)
(54,542)
4
489,344
422,479
Net current assets
Total assets less current liabilities
2,255,865
2,170,163
2,255,865
Net assets
2,170,163
Capital and reserves
Called up share capital
100
100
Retained earnings
2,255,765
2,170,063
2,255,865
2,170,163
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr. S.A. Macleod Director
These financial statements were approved and authorised for issue by the Board on 07 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
Blok Solutions Ltd.
Notes to the Financial Statements
Statutory Information
Blok Solutions Ltd. is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04570537.
Principal place of business:
35 Whiteway Road
St. George
Bristol
BS5 7QW
Registered address:
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0%
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 December 2024
Blok Solutions Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 January 2024
1,730,083
4,677
43,635
6,909
1,674,862
167,939
-
30,400
539
137,000
Additions
-
(7,800)
(3,000)
-
Disposals
(10,800)
At 31 December 2024
4,448
66,235
4,677
1,887,222
1,811,862
Provision for depreciation and impairment
At 01 January 2024
49,264
3,618
38,869
6,777
-
Charge for year
7,072
189
6,841
42
-
(2,500)
-
-
(2,500)
-
On disposal
At 31 December 2024
53,836
3,807
45,710
4,319
-
At 31 December 2024
Net book value
1,811,862
129
20,525
870
1,833,386
At 31 December 2023
1,674,862
132
4,766
1,059
1,680,819
3. Trade and other receivables
2023
2024
£
£
Trade debtors
8,250
-
Other debtors
3,378
-
-
11,628
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
8,036
862
Taxation and social security
20,004
30,991
Other creditors
26,502
46,838
54,542
78,691
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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