BLISS (SCOTLAND) LIMITED


Director	Christine Margaret Cunningham Smith


Registered Address	29 Whytescauseway
	Kirkcaldy
	Fife
	KY1 1XF


Registered Number	SC201346 (Scotland)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		9,967		11,076
			9,967		11,076
Current assets
Stocks		26,455		28,850
Debtors	4	3,927		5,201
Cash at bank and on hand		57,823		66,736
		88,205		100,787
Creditors amounts falling due within one year	5	(39,766)		(39,320)
Net current assets (liabilities)			48,439		61,467
Total assets less current liabilities			58,406		72,543
Creditors amounts falling due after one year	6		(4,143)		(14,272)
Provisions for liabilities			(1,894)		(2,104)
Net assets			52,369		56,167
Capital and reserves
Called up share capital			2		2
Profit and loss account			52,367		56,165
Shareholders' funds			52,369		56,167

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 July 2025, and are signed on its behalf by:

Christine Margaret Cunningham Smith
Director
Registered Company No. SC201346

BLISS (SCOTLAND) LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover represents the net invoice for provision of goods and services, excluding value added tax.

	Employee 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

	Current 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

Current 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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Fixtures and fittings	-	5
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and 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. Cost comprises all direct expenditure incurred in bringing stock to its current condition and location.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	11		10

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	19,970	16,029	3,591	39,590
Additions	794	-	401	1,195
At 31 December 24	20,764	16,029	3,992	40,785
Depreciation and impairment
At 01 January 24	10,376	15,847	2,291	28,514
Charge for year	1,475	182	647	2,304
At 31 December 24	11,851	16,029	2,938	30,818
Net book value
At 31 December 24	8,913	-	1,054	9,967
At 31 December 23	9,594	182	1,300	11,076

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	1,441	3,806
Prepayments and accrued income	2,486	1,395
Total	3,927	5,201

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	8,761	4,119
Bank borrowings and overdrafts	10,648	10,648
Taxation and social security	19,438	17,315
Other creditors	605	6,987
Accrued liabilities and deferred income	314	251
Total	39,766	39,320

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	4,143	14,272
Total	4,143	14,272