Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-232023-06-01falseProduction of wallpaper11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14115348 2023-06-01 2024-05-31 14115348 2022-05-18 2023-05-31 14115348 2024-05-31 14115348 2023-05-31 14115348 c:Director1 2023-06-01 2024-05-31 14115348 d:CurrentFinancialInstruments 2024-05-31 14115348 d:CurrentFinancialInstruments 2023-05-31 14115348 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14115348 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14115348 d:ShareCapital 2024-05-31 14115348 d:ShareCapital 2023-05-31 14115348 d:RetainedEarningsAccumulatedLosses 2024-05-31 14115348 d:RetainedEarningsAccumulatedLosses 2023-05-31 14115348 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-05-31 14115348 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 14115348 c:OrdinaryShareClass1 2023-06-01 2024-05-31 14115348 c:OrdinaryShareClass1 2024-05-31 14115348 c:OrdinaryShareClass1 2023-05-31 14115348 c:FRS102 2023-06-01 2024-05-31 14115348 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14115348 c:FullAccounts 2023-06-01 2024-05-31 14115348 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14115348 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14115348









BLOOMFIELD INK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
BLOOMFIELD INK LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 6


 
BLOOMFIELD INK LIMITED
REGISTERED NUMBER: 14115348

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
9,990
13,000

Debtors: amounts falling due within one year
 5 
1,635
651

Cash at bank and in hand
 6 
65,245
45,479

  
76,870
59,130

Creditors: amounts falling due within one year
 7 
(304,031)
(156,678)

Net current liabilities
  
 
 
(227,161)
 
 
(97,548)

Total assets less current liabilities
  
(227,161)
(97,548)

  

Net liabilities
  
(227,161)
(97,548)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(227,261)
(97,648)

  
(227,161)
(97,548)


Page 1

 
BLOOMFIELD INK LIMITED
REGISTERED NUMBER: 14115348
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

................................................
P MacLeod
Director

Date: 23 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BLOOMFIELD INK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Bloomfield Ink Limited is a private company, limited by shares, incorporated in England and Wales with registration number 14115348. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support from the director and majority shareholder, who has confirmed that she will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing these financial statements of the company.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
BLOOMFIELD INK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. 
At each balance sheet date, stocks are assessed for impairment. If stock is 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.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including non-payrolled director, during the year was 1 (2023 - 1).


4.


Stocks

2024
2023
£
£

Finished goods and goods for resale
9,990
13,000


Page 4

 
BLOOMFIELD INK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
651

Prepayments and accrued income
1,635
-

1,635
651



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
65,245
45,479



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,561
7,924

Other creditors
287,965
137,954

Accruals and deferred income
12,505
10,800

304,031
156,678



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
65,245
45,479




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 5

 
BLOOMFIELD INK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



10.


Related party transactions

Included within creditors due within one year is an amount of £287,480 (2023 - £137,480) due to the majority shareholder and director. This amount is interest free, unsecured and repayable on demand.

 
Page 6