Blade Sky Safe Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15090111

BLADE SKY SAFE LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDING

31 March 2025

BLADE SKY SAFE LTD

STATEMENT OF FINANCIAL POSITION

31 March 2025

	31 Mar 25		31 Aug 24
Note	£	£	£	£

CURRENT ASSETS

Debtors	6	255,079	189,356
Cash at bank and in hand		40,070	9,798
		---------	---------
		295,149	199,154

CREDITORS: amounts falling due within one year	7	( 268,201)		( 170,272)
		---------		---------
NET CURRENT ASSETS			26,948		28,882
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			26,948		28,882
			--------		--------
NET ASSETS			26,948		28,882
			--------		--------

BLADE SKY SAFE LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

	31 Mar 25		31 Aug 24
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	8	100	100
Profit and loss account		26,848	28,782
		--------	--------
SHAREHOLDERS FUNDS		26,948	28,882
		--------	--------

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.

For the period ending 31 March 2025 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 period 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 were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

M Bell

Director

Company registration number: 15090111

BLADE SKY SAFE LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 SEPTEMBER 2024 TO 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 Trevor Forster Way, Bradford, West Yorkshire, BD5 8HB, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services provided, exclusive of Value Added Tax.

Income tax

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.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 4 (2024: 4 ).

5. TAX ON (LOSS)/PROFIT

Major components of tax (income)/expense

	Period from
	1 Sep 24 to	Year to
	31 Mar 25	31 Aug 24
	£	£

Current tax:

UK current tax expense	–	10,436
Adjustments in respect of prior periods	( 645)	–
	----	--------
Total current tax	( 645)	10,436
	----	--------
	----	--------
Tax on (loss)/profit	( 645)	10,436
	----	--------

6. DEBTORS

	31 Mar 25	31 Aug 24
	£	£
Trade debtors	239,959	189,356
Other debtors	15,120	–
	---------	---------
	255,079	189,356
	---------	---------

7. CREDITORS: amounts falling due within one year

	31 Mar 25	31 Aug 24
	£	£
Trade creditors	193,556	93,743
Corporation tax	9,791	10,436
Social security and other taxes	10,345	11,416
Other creditors	54,509	54,677
	---------	---------
	268,201	170,272
	---------	---------

8. CALLED UP SHARE CAPITAL

1 ordinary £1 share was allotted upon incorporation and a further 99 ordinary £1 shares were allotted during the period.