Acorah Software Products - Accounts Production 16.1.200 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09609751 Mr Gavin Billenness Mrs Alison Billenness iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09609751 2023-05-31 09609751 2024-05-31 09609751 2023-06-01 2024-05-31 09609751 frs-core:CurrentFinancialInstruments 2024-05-31 09609751 frs-core:PlantMachinery 2024-05-31 09609751 frs-core:PlantMachinery 2023-06-01 2024-05-31 09609751 frs-core:PlantMachinery 2023-05-31 09609751 frs-core:ShareCapital 2024-05-31 09609751 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09609751 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09609751 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09609751 frs-bus:SmallEntities 2023-06-01 2024-05-31 09609751 frs-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09609751 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09609751 frs-bus:Director1 2023-06-01 2024-05-31 09609751 frs-bus:Director2 2023-06-01 2024-05-31 09609751 frs-countries:EnglandWales 2023-06-01 2024-05-31 09609751 2022-05-31 09609751 2023-05-31 09609751 2022-06-01 2023-05-31 09609751 frs-core:CurrentFinancialInstruments 2023-05-31 09609751 frs-core:ShareCapital 2023-05-31 09609751 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09609751
Bloomologie Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Quest Accounting Services Limited
Suite 110, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1FD
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bloomologie Limited for the year ended year which comprise the Profit and Loss Account, the 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 Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the directors of Bloomologie Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bloomologie Limited and state those matters that we have agreed to state to the directors of Bloomologie Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. 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 Bloomologie 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 profit of Bloomologie Limited . You consider that Bloomologie 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 Bloomologie 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.
Signed
Quest Accounting Services Limited
24th January 2025
Quest Accounting Services Limited
Suite 110, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1FD
Page 1
Page 2
Balance Sheet
Registered number: 09609751
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,215 1,556
1,215 1,556
CURRENT ASSETS
Debtors 5 392 7,685
Cash at bank and in hand 27,992 49,739
28,384 57,424
Creditors: Amounts Falling Due Within One Year 6 (9,760 ) (14,175 )
NET CURRENT ASSETS (LIABILITIES) 18,624 43,249
TOTAL ASSETS LESS CURRENT LIABILITIES 19,839 44,805
NET ASSETS 19,839 44,805
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 19,739 44,705
SHAREHOLDERS' FUNDS 19,839 44,805
Page 2
Page 3
For the year ending 31 May 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Alison Billenness
Director
24th January 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Bloomologie Limited Registered number 09609751 is a limited by shares company incorporated in England & Wales. The Registered Office is 64 Taunton Road, London, SE12 8PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 4 Years Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 4
Page 5
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 11,908
Additions 867
As at 31 May 2024 12,775
Depreciation
As at 1 June 2023 10,352
Provided during the period 1,208
As at 31 May 2024 11,560
Net Book Value
As at 31 May 2024 1,215
As at 1 June 2023 1,556
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 392 7,685
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 7,040 8,785
VAT 2,720 4,407
Directors' loan accounts - 983
9,760 14,175
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5