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Company registration number: 14440790
Bloom Season UK Limited
Unaudited filleted financial statements
31 December 2024
Bloom Season UK Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Bloom Season UK Limited
Directors and other information

| Directors | Mr C W Hui
|  | Ms J Shi
|  | Ms P N Yip
|  | Mr S F Cheung
| Company number | 14440790
| Registered office | 2nd Floor
|  | 107 Charterhouse Street
|  | London
|  | EC1M 6HW
| Accountants | Leftley Rowe & Co
|  | 2nd Floor
|  | 107 Charterhouse Street
|  | London
|  | EC1M 6HW

| Bankers | The Bank of East Asia Ltd
|  | Manchester Branch
|  | 3-5 Charlotte Street
|  | Manchester
|  | M1 4HB

Bloom Season UK Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Bloom Season UK Limited
Year ended 31 December 2024
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 Season UK Limited for the year ended 31 December 2024 which comprise the statement of financial position and 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 at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Bloom Season UK Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bloom Season UK Limited and state those matters that we have agreed to state to the board of directors of Bloom Season UK Limited 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 Season UK Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Bloom Season UK 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 Season UK Limited. You consider that Bloom Season UK 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 Season UK 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.
Leftley Rowe & Co
Chartered Accountant
2nd Floor
107 Charterhouse Street
London
EC1M 6HW
1 September 2025
Bloom Season UK Limited
Statement of financial position
31 December 2024

|  |  | 31/12/24 |  |  |  | 31/12/23 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 4 | 10,364,140 |  |  |  | 9,794,929 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 10,364,140 |  |  |  | 9,794,929
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 5 | 89,304 |  |  |  | 62,312 |  |
Cash at bank and in hand |  |  | 305,331 |  |  |  | 437,627 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 394,635 |  |  |  | 499,939 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 6 | ( 10,276,705) |  |  |  | ( 10,178,729) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 9,882,070) |  |  |  | ( 9,678,790)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 482,070 |  |  |  | 116,139
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 482,070 |  |  |  | 116,139
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 481,970 |  |  |  | 116,039
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 482,070 |  |  |  | 116,139
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 01 September 2025 , and are signed on behalf of the board by:
Ms P N Yip
Director
Company registration number: 14440790
Bloom Season UK Limited
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2nd Floor, 107 Charterhouse Street, London, EC1M 6HW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets represent investment property.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Not depreciated | - | 0 %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .
Investment property
Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Tangible assets

|  | Freehold property | Total |  |  |  |  |
|  | £ | £ |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 January 2024 | 9,794,929 | 9,794,929 |  |  |  |  |
| Additions | 569,211 | 569,211 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| At 31 December 2024 | 10,364,140 | 10,364,140 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 January 2024 and 31 December 2024 | - | - |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 December 2024 | 10,364,140 | 10,364,140 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| At 31 December 2023 | 9,794,929 | 9,794,929 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |

Investment property
Included within the above is investment property measured at fair value as follows:

|  | £
| At 1 January 2024 | 9,794,929
| Additions | 569,211
|  | _______
| At 31 December 2024 | 10,364,140
|  | _______

5. Debtors

|  |  | 31/12/24 | 31/12/23
|  |  | £ | £
| Trade debtors |  | 74,406 | 57,732
| Other debtors |  | 14,898 | 4,580
|  |  | _______ | _______
|  |  | 89,304 | 62,312
|  |  | _______ | _______

6. Creditors: amounts falling due within one year

|  |  | 31/12/24 | 31/12/23
|  |  | £ | £
| Trade creditors |  | 7,489 | 15,707
| Social security and other taxes |  | 70,138 | 7,838
| Other creditors |  | 10,199,078 | 10,155,184
|  |  | _______ | _______
|  |  | 10,276,705 | 10,178,729
|  |  | _______ | _______

7. Related party transactions
At the Balance sheet date, the company owed £2,500,000 to Leading Man Limited, £6,600,000 to Bloom Season Holdings Limited, and £680,000 to the Beneficial owners.Leading Man Limited and Bloom Season Holdings Limited are shareholders of the company. Interest was accrued as payable on one of the shareholder loans in an amount of £175,000.The loan balances are included within Other creditors.
8. Controlling party
In the opinion of the directors, there is no ultimate controlling party .