BLN Consulting Limited 09305864 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is business and domestic software development. Digita Accounts Production Advanced 6.30.9574.0 true 09305864 2024-04-01 2025-03-31 09305864 2025-03-31 09305864 core:CurrentFinancialInstruments 2025-03-31 09305864 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09305864 core:FurnitureFittingsToolsEquipment 2025-03-31 09305864 bus:SmallEntities 2024-04-01 2025-03-31 09305864 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09305864 bus:FilletedAccounts 2024-04-01 2025-03-31 09305864 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09305864 bus:RegisteredOffice 2024-04-01 2025-03-31 09305864 bus:CompanySecretary1 2024-04-01 2025-03-31 09305864 bus:Director2 2024-04-01 2025-03-31 09305864 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09305864 bus:Agent1 2024-04-01 2025-03-31 09305864 core:FurnitureFittings 2024-04-01 2025-03-31 09305864 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 09305864 core:OtherRelatedParties 2024-04-01 2025-03-31 09305864 core:UKTax 2024-04-01 2025-03-31 09305864 countries:AllCountries 2024-04-01 2025-03-31 09305864 2024-03-31 09305864 core:FurnitureFittingsToolsEquipment 2024-03-31 09305864 2023-04-01 2024-03-31 09305864 2024-03-31 09305864 core:CurrentFinancialInstruments 2024-03-31 09305864 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09305864 core:FurnitureFittingsToolsEquipment 2024-03-31 09305864 core:UKTax 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09305864

BLN Consulting Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

BLN Consulting Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

BLN Consulting Limited

Company Information

Director

Bruce Cappi

Company secretary

Laura Cappi

Registered office

9 Hare & Billet Road
Blackheath
SE3 0RB

Accountants

Field Sullivan Limited 9 Hare & Billet Road
Blackheath
SE3 0RB

 

BLN Consulting Limited

(Registration number: 09305864)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

5

958

213

Current assets

 

Debtors

6

22,140

3,150

Cash at bank and in hand

 

17,479

31,542

 

39,619

34,692

Creditors: Amounts falling due within one year

7

(18,533)

(34,394)

Net current assets

 

21,086

298

Net assets

 

22,044

511

Capital and reserves

 

Called up share capital

8

300

300

Retained earnings

21,744

211

Shareholders' funds

 

22,044

511

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 June 2025
 

.........................................
Bruce Cappi
Director

 

BLN Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
9 Hare & Billet Road
Blackheath
SE3 0RB

These financial statements were authorised for issue by the director on 16 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and turnover is recognised when it is received. If the service provided straddles the accounting year end it is apportioned on a pro-rata basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

BLN Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

BLN Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4

Taxation

Tax charged/(credited) in the income statement

2025
£

2024
£

Current taxation

UK corporation tax

9,604

6,787

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

921

921

Additions

789

789

At 31 March 2025

1,710

1,710

Depreciation

At 1 April 2024

709

709

Charge for the year

43

43

At 31 March 2025

752

752

Carrying amount

At 31 March 2025

958

958

At 31 March 2024

213

213

 

BLN Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

2025
£

2024
£

Trade debtors

22,140

-

Other debtors

-

3,150

22,140

3,150

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

1,032

60

Taxation and social security

14,838

11,499

Accruals and deferred income

1,542

1,494

Other creditors

1,121

21,341

18,533

34,394

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

Ordinary "A" of £1 each

100

100

100

100

Ordinary "B" of £1 each

100

100

100

100

300

300

300

300

 

BLN Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9

Dividends

Interim dividends paid

2025
£

2024
£

Interim dividend of Nil per each Ordinary shares

-

-

Interim dividend of Nil per each Ordinary "A" shares

10,000

15,500

Interim dividend of Nil per each Ordinary "B" shares

10,000

15,500

20,000

31,000

10

Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

2025
£

2024
£

Remuneration

12,570

12,570

Contributions paid to money purchase schemes

3,600

-

16,170

12,570

Summary of transactions with other related parties

Bruce and Laura Cappi (officers and shareholders) During the year the company paid the shareholders a net salary of £25,140 (2024: £25,140) and voted dividends of £20,000 (2024: £31,000). The director also paid business expenditure personally of £780 (2024: £780). At the balance sheet date the amount due to Bruce and Laura Cappi was £1,121 (2024: £21,341).