Blue Nailers Arms Ltd - Filleted accounts

Registered number

15343550

Blue Nailers Arms Ltd

Filleted Accounts

31 December 2024

Blue Nailers Arms Ltd
Registered number:		15343550
Balance Sheet
as at 31 December 2024

Notes			2024
£
Fixed assets
Intangible assets	3		999
Tangible assets	4		241,955
			242,954

Current assets
Stocks		18,250
Debtors	5	3,563
Cash at bank and in hand		132,804
		154,617

Creditors: amounts falling due within one year	6	(438,965)

Net current liabilities			(284,348)

Net liabilities			(41,394)

Capital and reserves
Called up share capital			100
Profit and loss account			(41,494)

Shareholders' funds			(41,394)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T Singh
Director
Approved by the board on 25 July 2025

Blue Nailers Arms Ltd
Notes to the Accounts
for the period from 11 December 2023 to 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Lease			over the lease term
	Motor vehicles			25% reducing balance
	Fixtures, fittings, tools and equipment			1/3 straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024
Number

	Average number of persons employed by the company					43


3	Intangible fixed assets							£
	Goodwill:

	Cost
	Additions							999
	At 31 December 2024							999

	Amortisation
	At 31 December 2024							-

	Net book value
	At 31 December 2024							999

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Lease		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	Additions	175,000		2,386		100,833		278,219
	At 31 December 2024	175,000		2,386		100,833		278,219

	Depreciation
	Charge for the period	29,167		795		6,302		36,264
	At 31 December 2024	29,167		795		6,302		36,264

	Net book value
	At 31 December 2024	145,833		1,591		94,531		241,955


5	Debtors					2024
£

	Trade debtors					3,563


6	Creditors: amounts falling due within one year					2024
£

	Taxation and social security costs					94,493
	Accruals					38,500
	Directors loan account					296,797
	Other creditors					9,175
						438,965


7	Other information

	Blue Nailers Arms Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	23 Denise Drive
	Harborne
	Birmingham
	B17 0BN