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REGISTERED NUMBER: 10673175 (England and Wales)



















BLOOM & CARE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 64,701 90,304

CURRENT ASSETS
Debtors 5 53,544 39,893
Cash at bank 100,873 47,840
154,417 87,733
CREDITORS
Amounts falling due within one year 6 272,010 145,760
NET CURRENT LIABILITIES (117,593 ) (58,027 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(52,892

)

32,277

CREDITORS
Amounts falling due after more than one year 7 (88,135 ) (104,499 )

PROVISIONS FOR LIABILITIES (869 ) (2,056 )
NET LIABILITIES (141,896 ) (74,278 )

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings (141,902 ) (74,284 )
SHAREHOLDERS' FUNDS (141,896 ) (74,278 )

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





Mrs J Graziano - Director


BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Bloom & Care Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10673175

Registered office: 71 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinions, there are no significant judgements or key sources of estimation uncertainty.

Turnover
Turnover is derived from community nursing and home care services and is recognised upon delivery to the elderly and disabled. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and 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.

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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 23 ) .

BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 25,825 86,790 10,946 123,561
Additions 4,163 - 1,293 5,456
At 30 September 2024 29,988 86,790 12,239 129,017
DEPRECIATION
At 1 October 2023 12,413 14,100 6,744 33,257
Charge for year 7,072 21,698 2,289 31,059
At 30 September 2024 19,485 35,798 9,033 64,316
NET BOOK VALUE
At 30 September 2024 10,503 50,992 3,206 64,701
At 30 September 2023 13,412 72,690 4,202 90,304

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 86,790
DEPRECIATION
At 1 October 2023 14,100
Charge for year 21,698
At 30 September 2024 35,798
NET BOOK VALUE
At 30 September 2024 50,992
At 30 September 2023 72,690

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,864 1,659
Other debtors 51,680 38,234
53,544 39,893

BLOOM & CARE LIMITED (REGISTERED NUMBER: 10673175)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,784 5,628
Hire purchase contracts 10,023 8,048
Trade creditors - 150
Taxation and social security 60,455 18,662
Other creditors 195,748 113,272
272,010 145,760

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 28,396 34,736
Hire purchase contracts 59,739 69,763
88,135 104,499

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - over 5 years 3,761 10,766

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £70,000 (2023: £68,500) were paid to the directors.

During the year, dividends of £92,500 (2023: £93,500) were paid to close family members of the directors.

At the balance sheet date, £84,518 was owed to the directors (2023: £11,952 was owed to the directors).