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REGISTERED NUMBER: 07085612 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Bloom Demolition and Excavation Limited

Bloom Demolition and Excavation Limited (Registered number: 07085612)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Bloom Demolition and Excavation Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: J K Bloom





REGISTERED OFFICE: 15 Newland
Lincoln
LN1 1XG





REGISTERED NUMBER: 07085612 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Bloom Demolition and Excavation Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bloom Demolition and Excavation Limited for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Bloom Demolition and Excavation Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bloom Demolition and Excavation Limited and state those matters that we have agreed to state to the director of Bloom Demolition and Excavation Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bloom Demolition and Excavation Limited and its director for our work or for this report.

It is your duty to ensure that Bloom Demolition and Excavation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bloom Demolition and Excavation Limited. You consider that Bloom Demolition and Excavation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bloom Demolition and Excavation Limited. 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 statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES


28 July 2025

Bloom Demolition and Excavation Limited (Registered number: 07085612)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 518,001 375,592

CURRENT ASSETS
Stocks 55,500 156,048
Debtors 5 129,556 154,690
Cash at bank and in hand 292,923 47,392
477,979 358,130
CREDITORS
Amounts falling due within one year 6 361,839 379,083
NET CURRENT ASSETS/(LIABILITIES) 116,140 (20,953 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

634,141

354,639

CREDITORS
Amounts falling due after more than one
year

7

(171,188

)

(222,433

)

PROVISIONS FOR LIABILITIES (120,676 ) (37,428 )
NET ASSETS 342,277 94,778

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 11,614 14,209
Retained earnings 10 330,563 80,469
SHAREHOLDERS' FUNDS 342,277 94,778

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2025 and were signed by:





J K Bloom - Director


Bloom Demolition and Excavation Limited (Registered number: 07085612)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Bloom Demolition and Excavation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% to 33% on reducing balance
Motor vehicles - 25% on reducing balance

Work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress represents work undertaken but not invoiced at the balance sheet date.

Financial instruments
The Company only enters into basic financial instrument transactions 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 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 Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Bloom Demolition and Excavation Limited (Registered number: 07085612)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 15 (2023 - 19 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 December 2023 401,172 4,186 173,885 579,243
Additions 84,954 2,107 182,595 269,656
Disposals (35,316 ) (597 ) (53,000 ) (88,913 )
At 30 November 2024 450,810 5,696 303,480 759,986
DEPRECIATION
At 1 December 2023 120,304 2,242 81,105 203,651
Charge for year 45,705 303 40,499 86,507
Eliminated on disposal (16,804 ) (498 ) (30,871 ) (48,173 )
At 30 November 2024 149,205 2,047 90,733 241,985
NET BOOK VALUE
At 30 November 2024 301,605 3,649 212,747 518,001
At 30 November 2023 280,868 1,944 92,780 375,592

The net book value of assets held under HP/Finance Leases at the year end was £348,815 (2023: £205,266)

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 63,834 97,494
Other debtors 65,722 57,196
129,556 154,690

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,248 11,248
Hire purchase contracts 103,756 64,148
Trade creditors 150,836 162,207
Taxation and social security 56,538 95,750
Other creditors 39,461 45,730
361,839 379,083

Bloom Demolition and Excavation Limited (Registered number: 07085612)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 6,562 17,810
Hire purchase contracts 103,166 104,698
Taxation and social security - 31,067
Other creditors 61,460 68,858
171,188 222,433

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 17,810 29,058
Hire purchase contracts 206,922 168,846
224,732 197,904

The bank loan is secured by the UK Government.

The hire purchase contracts are secured over the assets to which it relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 December 2023 80,469 14,209 94,678
Profit for the year 247,499 247,499
Reclassification from
revaluation reserve to
profit and loss account 2,595 (2,595 ) -
At 30 November 2024 330,563 11,614 342,177