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REGISTERED NUMBER: 12563625 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2023 TO 29 APRIL 2024

FOR

BLOOM-IN-PRODUCTS LTD

BLOOM-IN-PRODUCTS LTD (REGISTERED NUMBER: 12563625)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 May 2023 to 29 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLOOM-IN-PRODUCTS LTD

COMPANY INFORMATION
for the Period 1 May 2023 to 29 April 2024







DIRECTORS: D Reardon
T Reardon
Miss H Reardon
Mrs M J Reardon





REGISTERED OFFICE: Unit 18 Swordfish Business Park
Swordfish Close
Burscough
Lancashire
L40 8JW





REGISTERED NUMBER: 12563625 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

BLOOM-IN-PRODUCTS LTD (REGISTERED NUMBER: 12563625)

BALANCE SHEET
29 April 2024

2024 2023
as restated
Notes £    £   
CURRENT ASSETS
Debtors 4 154,464 155,920
Cash at bank and in hand 441 62
154,905 155,982
CREDITORS
Amounts falling due within one year 5 52,760 47,789
NET CURRENT ASSETS 102,145 108,193
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,145

108,193

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 102,141 108,189
102,145 108,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





D Reardon - Director


BLOOM-IN-PRODUCTS LTD (REGISTERED NUMBER: 12563625)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 May 2023 to 29 April 2024

1. STATUTORY INFORMATION

Bloom-In-Products Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Related party loans have no stated interest rate, are payable on demand and are measured at the undiscounted amount due.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

BLOOM-IN-PRODUCTS LTD (REGISTERED NUMBER: 12563625)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 May 2023 to 29 April 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed by related undertakings 154,390 155,920
Other debtors 74 -
154,464 155,920

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed to related undertakings 4,700 3,500
Taxation and social security 43,909 42,863
Other creditors 4,151 1,426
52,760 47,789

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 29 April 2024 and the year ended 30 April 2023:

2024 2023
as restated
£    £   
D Reardon
Balance outstanding at start of period (426 ) -
Amounts advanced 500 544
Amounts repaid - (970 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 74 (426 )

Interest is being charged at 2.25%.

7. RELATED PARTY DISCLOSURES

During the period the company both received and transferred funds to companies with common directors. £4,700 (2023 - £3,500) is payable to CTR Plastics Limited and £154,390 (2023 - £155,920) recoverable from Bloom In Box Limited, at the period end.