IRIS Accounts Production v25.1.0.734 15132542 Board of Directors 12.9.23 30.9.24 30.9.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151325422023-09-11151325422024-09-30151325422023-09-122024-09-30151325422023-09-1115132542ns15:EnglandWales2023-09-122024-09-3015132542ns14:PoundSterling2023-09-122024-09-3015132542ns10:Director12023-09-122024-09-3015132542ns10:PrivateLimitedCompanyLtd2023-09-122024-09-3015132542ns10:SmallEntities2023-09-122024-09-3015132542ns10:AuditExempt-NoAccountantsReport2023-09-122024-09-3015132542ns10:SmallCompaniesRegimeForDirectorsReport2023-09-122024-09-3015132542ns10:SmallCompaniesRegimeForAccounts2023-09-122024-09-3015132542ns10:FullAccounts2023-09-122024-09-301513254212023-09-122024-09-3015132542ns10:OrdinaryShareClass12023-09-122024-09-3015132542ns5:CurrentFinancialInstruments2024-09-3015132542ns5:ShareCapital2024-09-3015132542ns5:RetainedEarningsAccumulatedLosses2024-09-3015132542ns5:NetGoodwill2023-09-122024-09-3015132542ns5:NetGoodwill2024-09-3015132542ns5:PlantMachinery2023-09-122024-09-3015132542ns5:MotorVehicles2023-09-122024-09-3015132542ns5:PlantMachinery2024-09-3015132542ns5:MotorVehicles2024-09-3015132542ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3015132542ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 15132542 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 12 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

Blaster Master (SW) Ltd

Blaster Master (SW) Ltd (Registered number: 15132542)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 12 September 2023 to 30 September 2024




Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 6


Blaster Master (SW) Ltd (Registered number: 15132542)

BALANCE SHEET
30 September 2024

Notes £    £   
Fixed assets
Intangible assets 4 35,700
Tangible assets 5 32,007
67,707

Current assets
Stocks 9,685
Debtors 6 19,820
29,505
Creditors
Amounts falling due within one year 7 67,538
Net current liabilities (38,033 )
Total assets less current liabilities 29,674

Capital and reserves
Called up share capital 8 6
Retained earnings 29,668
Shareholders' funds 29,674

Blaster Master (SW) Ltd (Registered number: 15132542)

BALANCE SHEET - continued
30 September 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by:





J C Smith - Director


Blaster Master (SW) Ltd (Registered number: 15132542)

NOTES TO THE FINANCIAL STATEMENTS
for the period 12 September 2023 to 30 September 2024

1. STATUTORY INFORMATION

Blaster Master (SW) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and business address can be found on the company information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover from the rendering of sand blasting is recognised by the reference to the stage of completion of the contract, net of discounts and value added taxes. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is calculated to write down the cost of tangible fixed assets over their expected useful economic lives using the following rates:

Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Blaster Master (SW) Ltd (Registered number: 15132542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 12 September 2023 to 30 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 measure 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.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
Additions 42,000
At 30 September 2024 42,000
Amortisation
Charge for period 6,300
At 30 September 2024 6,300
Net book value
At 30 September 2024 35,700

Blaster Master (SW) Ltd (Registered number: 15132542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 12 September 2023 to 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
Additions 35,868 2,000 37,868
At 30 September 2024 35,868 2,000 37,868
Depreciation
Charge for period 5,694 167 5,861
At 30 September 2024 5,694 167 5,861
Net book value
At 30 September 2024 30,174 1,833 32,007

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 12,774
Other debtors 7,046
19,820

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 3,288
Trade creditors 2,000
Taxation and social security 6,414
Other creditors 55,836
67,538

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
6 Ordinary £1 6

6 ordinary shares of £1 were issued to form the initial share capital of the company.

Blaster Master (SW) Ltd (Registered number: 15132542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 12 September 2023 to 30 September 2024

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the following amounts to its directors: -

J C Smith - £54,477

This amount was unsecured, interest free and carries no fixed term of repayment.

The company was owed the following amount from directors :-

P Owen - £6,967

This balance was made up of funds initially introduced of £10,000, debits of £18,279 and credits of £1,312. The maximum overdrawn in the year was £6,967 and the amount was cleared after the year end.

10. ULTIMATE CONTROLLING PARTY

The controlling party is J C Smith.