Company registration number: 13892230
Unaudited financial statements
for the year ended 28 February 2025
for
Joe's Blooms Ltd
Pages for filing with the Registrar
Company registration number: 13892230
Joe's Blooms Ltd
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Intangible assets 4 699,563 485,800
Tangible assets 5 2,329 2,912
Investments 6 1 1
701,893 488,713
Current assets
Debtors 100,994 102,316
Cash at bank and in hand 273,851 328,100
374,845 430,416
Creditors: amounts falling due within one
year 		109,613 (82,581)
Net current assets 484,458 347,835
Total assets less current liabilities 1,186,351 836,548
Creditors: Amounts falling due after more
than one year 		(235,000) -
Provisions for liabilities (153,056) (99,853)
NET ASSETS 798,295 736,695
Capital and reserves
Called up share capital 157 157
Share premium account 1,507,472 1,271,929
Other reserves 88,949 88,949
Profit and loss account (798,283) (624,340)
TOTAL EQUITY 798,295 736,695
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13892230
Joe's Blooms Ltd
Balance sheet - continued
as at 28 February 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 November 2025 and signed on its behalf by:
Mr O Lewis, Director
19 November 2025
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Joe's Blooms Ltd
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
Joe's Blooms Ltd is a private company registered in England and Wales. Its registered number is 13892230. The company is limited by shares. Its registered office is 24 Crabtree Road, Camberley, GU15 2SZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer software - 10 years straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
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Joe's Blooms Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 7).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 March 2024 485,800
Additions 213,763
At 28 February 2025 699,563
Amortisation
At 28 February 2025 -
4
Joe's Blooms Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
4 Intangible assets - continued
Net book value
At 28 February 2025 699,563
At 29 February 2024 485,800
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 March 2024 3,866
At 28 February 2025 3,866
Depreciation
At 1 March 2024 954
Charge for year 583
At 28 February 2025 1,537
Net book value
At 28 February 2025 2,329
At 29 February 2024 2,912
6 Fixed asset investments
Investments other than loans
Other
investments
other than
loans
£
Cost
At 1 March 2024 1
At 28 February 2025 1
5
Joe's Blooms Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
6 Fixed asset investments - continued
Investments other than loans - continued
Net book value
At 28 February 2025 1
At 29 February 2024 1
7 Share capital
At 28 February 2025, the company's allotted, issued and fully paid share capital was

155,204 Ordinary shares of £0.001 each, total nominal value £155.20 (2024 - £155.20)
1,537 Deferred ordinary shares of £0.001 each, total nominal value £1.53 (2024 - £1.53)
13 Z Ordinary shares of £0.001 each, total nominal value £0.013 (2024 - £0.013)
8 Share based payments
During the year ended 28 February 2023, the company introduced a share option scheme granting options over ordinary share capital. The scheme consists of both qualifying EMI options and non- qualifying options.

The options granted are exercisable on the earliest of an exit event, the company achieving EBITDA of £1 million or 5 years from the date of grant.

As at 28 February 2025 year end, the total share options outstanding are £6,837 (2024 - £6,837), with an exercise price of £9.76.

The total charge for the year relating to the employee share-based payment plans was £nil (2024 - £71,159).
9 Other reserves
The balance in "Other reserves" includes the share-based payment reserve, which represents the cumulative value of equity-settled share-based payment transactions. This reserve reflects the fair value of equity instruments granted to employees, measured at grant date and recognized over the vesting period.

During the year, there were no movements in the other reserves as the fair value of the equity instruments has already been fully recognized.

Upon exercise or cancellation of the share options, the corresponding amount in the other reserves is transferred to share premium or profit or loss where appropriate.
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