Acorah Software Products - Accounts Production 16.3.350 false true true false 6 December 2023 31 March 2025 31 March 2025 15331665 Mr Phillip Jolliffe Mrs Lorna Jolliffe Mrs Lorna Jolliffe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15331665 2023-12-05 15331665 2025-03-31 15331665 2023-12-06 2025-03-31 15331665 frs-core:CurrentFinancialInstruments 2025-03-31 15331665 frs-core:ComputerEquipment 2025-03-31 15331665 frs-core:ComputerEquipment 2023-12-06 2025-03-31 15331665 frs-core:ComputerEquipment 2023-12-05 15331665 frs-core:MotorVehicles 2025-03-31 15331665 frs-core:MotorVehicles 2023-12-06 2025-03-31 15331665 frs-core:MotorVehicles 2023-12-05 15331665 frs-core:ShareCapital 2025-03-31 15331665 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15331665 frs-bus:PrivateLimitedCompanyLtd 2023-12-06 2025-03-31 15331665 frs-bus:FilletedAccounts 2023-12-06 2025-03-31 15331665 frs-bus:SmallEntities 2023-12-06 2025-03-31 15331665 frs-bus:AuditExemptWithAccountantsReport 2023-12-06 2025-03-31 15331665 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-06 2025-03-31 15331665 frs-bus:Director1 2023-12-06 2025-03-31 15331665 frs-bus:Director2 2023-12-06 2025-03-31 15331665 frs-bus:CompanySecretary1 2023-12-06 2025-03-31 15331665 frs-countries:EnglandWales 2023-12-06 2025-03-31
Registered number: 15331665
Bloom Estate Agency Ltd
Unaudited Financial Statements
For the Period 6 December 2023 to 31 March 2025
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Bloom Estate Agency Ltd for the period 6 December 2023 to 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bloom Estate Agency Ltd for the period 6 December 2023 to 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Bloom Estate Agency Ltd , as a body, in accordance with the terms of our engagement letter dated 20 May 2025. Our work has been undertaken solely to prepare for your approval the accounts of Bloom Estate Agency Ltd and state those matters that we have agreed to state to the directors of Bloom Estate Agency Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bloom Estate Agency Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Bloom Estate Agency Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bloom Estate Agency Ltd . You consider that Bloom Estate Agency Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Bloom Estate Agency Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
18 June 2025
LTL Accounting Limited
11 Severn Court
Morecambe
LA3 3ST
Page 1
Page 2
Balance Sheet
Registered number: 15331665
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 17,833
17,833
CURRENT ASSETS
Debtors 5 16,960
Cash at bank and in hand 14,341
31,301
Creditors: Amounts Falling Due Within One Year 6 (57,566 )
NET CURRENT ASSETS (LIABILITIES) (26,265 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,432 )
NET LIABILITIES (8,432 )
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account (8,434 )
SHAREHOLDERS' FUNDS (8,432)
For the period 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Phillip Jolliffe
Director
Mrs Lorna Jolliffe
Director
18 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bloom Estate Agency Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15331665 . The registered office is Unit 1ab, Mellishaw Business Park, California Close, Morecambe, LA3 3FU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
Despite the company having net liabilities of £8,432, the directors have formed a reasonable expectation that the company will continue in operational existence for the foreseeable future. Therefore, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% reducing balance
Computer Equipment 4 years straight line
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally 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.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 6 December 2023 - - -
Additions 19,964 856 20,820
As at 31 March 2025 19,964 856 20,820
Depreciation
As at 6 December 2023 - - -
Provided during the period 2,822 165 2,987
As at 31 March 2025 2,822 165 2,987
Net Book Value
As at 31 March 2025 17,142 691 17,833
As at 6 December 2023 - - -
5. Debtors
31 March 2025
£
Due within one year
Trade debtors 118
Other debtors 16,842
16,960
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Trade creditors 52
Other creditors 57,076
Taxation and social security 438
57,566
7. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 2
Page 4