Registered number
06294792
BLP Solutions Limited
Unaudited Filleted Accounts
31 January 2025
BLP Solutions Limited
Registered number: 06294792
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 117,261 85,206
Current assets
Debtors 4 500 64,890
Cash at bank and in hand 47,602 106,517
48,102 171,407
Creditors: amounts falling due within one year 5 (21,673) (11,656)
Net current assets 26,429 159,751
Total assets less current liabilities 143,690 244,957
Creditors: amounts falling due after more than one year 6 (37,608) (44,268)
Net assets 106,082 200,689
Capital and reserves
Called up share capital 2 2
Profit and loss account 106,080 200,687
Shareholder's funds 106,082 200,689
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J R Nicholson
Director
Approved by the board on 15 April 2025
BLP Solutions Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 30% reducing balance
Motor Vehicles 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2024 26,771 100,000 126,771
Additions - 68,990 68,990
At 31 January 2025 26,771 168,990 195,761
Depreciation
At 1 February 2024 18,648 22,917 41,565
Charge for the year 2,142 34,793 36,935
At 31 January 2025 20,790 57,710 78,500
Net book value
At 31 January 2025 5,981 111,280 117,261
At 31 January 2024 8,123 77,083 85,206
4 Debtors 2025 2024
£ £
Other debtors 500 64,890
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs - (5,009)
Other creditors 21,673 16,665
21,673 11,656
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 37,608 44,268
7 Other information
BLP Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
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