0 0 Blower Alliance Ltd 03830545 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is sales and repair fo machines Digita Accounts Production Advanced 6.30.9574.0 true 03830545 2023-04-01 2024-03-31 03830545 2024-03-31 03830545 core:CurrentFinancialInstruments 2024-03-31 03830545 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03830545 core:ConstructionInProgressAssetsUnderConstruction 2024-03-31 03830545 core:FurnitureFittings 2024-03-31 03830545 bus:SmallEntities 2023-04-01 2024-03-31 03830545 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03830545 bus:FilletedAccounts 2023-04-01 2024-03-31 03830545 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03830545 bus:RegisteredOffice 2023-04-01 2024-03-31 03830545 bus:Director1 2023-04-01 2024-03-31 03830545 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03830545 bus:Agent1 2023-04-01 2024-03-31 03830545 core:Goodwill 2023-04-01 2024-03-31 03830545 core:ComputerEquipment 2023-04-01 2024-03-31 03830545 core:ConstructionInProgressAssetsUnderConstruction 2023-04-01 2024-03-31 03830545 core:FurnitureFittings 2023-04-01 2024-03-31 03830545 core:MotorVehicles 2023-04-01 2024-03-31 03830545 core:PlantMachinery 2023-04-01 2024-03-31 03830545 countries:AllCountries 2023-04-01 2024-03-31 03830545 2023-03-31 03830545 core:ConstructionInProgressAssetsUnderConstruction 2023-03-31 03830545 core:FurnitureFittings 2023-03-31 03830545 2022-04-01 2023-03-31 03830545 2023-03-31 03830545 core:CurrentFinancialInstruments 2023-03-31 03830545 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03830545 core:ConstructionInProgressAssetsUnderConstruction 2023-03-31 03830545 core:FurnitureFittings 2023-03-31 xbrli:pure iso4217:GBP

Registration number: 03830545

Blower Alliance Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2024

 

Blower Alliance Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Blower Alliance Ltd

Company Information

Director

Mr Graham Matthews

Registered office

277-279 Chiswick High Road
London
W4 4PU

Accountants

Flintham Mackenzie Limited
Chartered Accountants277 - 279 Chiswick High Road
London
W4 4PU

 

Blower Alliance Ltd

(Registration number: 03830545)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

54,566

81,850

Current assets

 

Stocks

5

109,352

-

Debtors

278,831

375,950

Cash at bank and in hand

 

46,090

28,713

 

434,273

404,663

Creditors: Amounts falling due within one year

(556,519)

(479,023)

Net current liabilities

 

(122,246)

(74,360)

Total assets less current liabilities

 

(67,680)

7,490

Accruals and deferred income

 

(2,700)

(2,500)

Net (liabilities)/assets

 

(70,380)

4,990

Capital and reserves

 

Called up share capital

299

299

Share premium reserve

39,800

39,800

Retained earnings

(110,479)

(35,109)

Shareholders' (deficit)/funds

 

(70,380)

4,990

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 March 2025
 

.........................................
Mr Graham Matthews
Director

 

Blower Alliance Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
277-279 Chiswick High Road
London
W4 4PU

These financial statements were authorised for issue by the director on 21 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Blower Alliance Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

15% reducing balance

Computer equipment

25% reducing balance

Motor vehicles

25% reducing balance

Amortisation

Asset class

Amortisation method and rate

Goodwill

evenly over its estimated useful life of ten years.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Blower Alliance Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

4

Tangible assets

Properties under construction
 £

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 April 2023

-

98,828

98,828

Additions

10,305

-

10,305

At 31 March 2024

10,305

98,828

109,133

Depreciation

At 1 April 2023

2,576

24,707

27,283

Charge for the year

2,577

24,707

27,284

At 31 March 2024

5,153

49,414

54,567

Carrying amount

At 31 March 2024

5,152

49,414

54,566

At 31 March 2023

7,729

74,121

81,850

5

Stocks

2024
£

2023
£

Other inventories

109,352

-