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Company Registration No. 14750604 (England and Wales)
point Blank Newcastle Limited Unaudited accounts for the year ended 31 March 2025
point Blank Newcastle Limited Unaudited accounts Contents
Page
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point Blank Newcastle Limited Company Information for the year ended 31 March 2025
Directors
Mark Jonathan Rushton Philip Kenneth Hale
Company Number
14750604 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ United Kingdom
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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point Blank Newcastle Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,000 
9,000 
Tangible assets
11,362 
10,448 
19,362 
19,448 
Current assets
Inventories
9,793 
10,796 
Debtors
212,186 
316,658 
Cash at bank and in hand
7,676 
4,744 
229,655 
332,198 
Creditors: amounts falling due within one year
(228,287)
(266,377)
Net current assets
1,368 
65,821 
Net assets
20,730 
85,269 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,630 
85,169 
Shareholders' funds
20,730 
85,269 
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by
Mark Jonathan Rushton Director Company Registration No. 14750604
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point Blank Newcastle Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
point Blank Newcastle Limited is a private company, limited by shares, registered in England and Wales, registration number 14750604. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, Tyne and Wear, NE31 2EQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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point Blank Newcastle Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
10,000 
At 31 March 2025
10,000 
Amortisation
At 1 April 2024
1,000 
Charge for the year
1,000 
At 31 March 2025
2,000 
Net book value
At 31 March 2025
8,000 
At 31 March 2024
9,000 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
11,609 
Additions
2,119 
At 31 March 2025
13,728 
Depreciation
At 1 April 2024
1,161 
Charge for the year
1,205 
At 31 March 2025
2,366 
Net book value
At 31 March 2025
11,362 
At 31 March 2024
10,448 
6
Inventories
2025 
2024 
£ 
£ 
Raw materials
9,793 
10,796 
9,793 
10,796 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,161 
14,885 
Amounts due from group undertakings etc.
184,880 
289,806 
Accrued income and prepayments
22,145 
11,967 
212,186 
316,658 
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point Blank Newcastle Limited Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
72,957 
27,002 
Trade creditors
79,568 
173,324 
Taxes and social security
52,142 
29,647 
Other creditors
23,620 
28,071 
Accruals
- 
8,333 
228,287 
266,377 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Controlling party
Point Blank Newcastle Limited is a wholly owned subsidiary of point Blank Group Limited who are registered in England and Wales with the Company Number 14752646 and whose Registered address is: 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
11
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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