BLUMA LIMITED

Company Registration Number:
12045795 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BLUMA LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

BLUMA LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 0 9,551
Tangible assets: 4 328,353 221,319
Total fixed assets: 328,353 230,870
Current assets
Stocks: 36,000 56,000
Debtors:   525,639 655,652
Cash at bank and in hand: 50,085 59,411
Total current assets: 611,724 771,063
Creditors: amounts falling due within one year:   (487,006) (718,898)
Net current assets (liabilities): 124,718 52,165
Total assets less current liabilities: 453,071 283,035
Creditors: amounts falling due after more than one year:   (183,665) (128,776)
Total net assets (liabilities): 269,406 154,259
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 268,906 153,759
Shareholders funds: 269,406 154,259

The notes form part of these financial statements

BLUMA LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 February 2025
and signed on behalf of the board by:

Name: Lewis Nunn
Status: Director

The notes form part of these financial statements

BLUMA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 25% reducing balance Fittings, fixtures and equipment - 25% reducing balance Motor vehicles - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Intangible fixed assets and amortisation policy

Amortisation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset. Goodwill - 20% straight line

BLUMA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 43 43

BLUMA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 47,756
At 30 June 2024 47,756
Amortisation
At 01 July 2023 38,205
Charge for year 9,551
At 30 June 2024 47,756
Net book value
At 30 June 2024 0
At 30 June 2023 9,551

BLUMA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 344,296
Additions 179,661
Disposals (12,740)
At 30 June 2024 511,217
Depreciation
At 01 July 2023 122,977
Charge for year 69,016
On disposals (9,129)
At 30 June 2024 182,864
Net book value
At 30 June 2024 328,353
At 30 June 2023 221,319

BLUMA LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Loans to directors

Name of director receiving advance or credit: Lewis Nunn
Description of the loan: Advance to director.
£
Balance at 01 July 2023 0
Advances or credits made: 61,000
Balance at 30 June 2024 61,000
Name of director receiving advance or credit: Malcolm Agar
Description of the loan: Advance to director.
£
Balance at 01 July 2023 0
Advances or credits made: 21,000
Balance at 30 June 2024 21,000

The directors loans will be repaid in full by 31st March 2025.