Company registration number: 04627288
Unaudited financial statements
for the year ended 31 March 2025
for
Blades UK Ltd
Pages for filing with the Registrar
Company registration number: 04627288
Blades UK Ltd
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 6,341 6,267
Tangible assets 5 1,955 27,877
8,296 34,144
Current assets
Stocks 172,000 172,000
Debtors 1,197 28,100
Investments - 42,224
Cash at bank and in hand 10,236 51,293
183,433 293,617
Creditors: amounts falling due within one
year 		(19,444) (14,979)
Net current assets 163,989 278,638
Total assets less current liabilities 172,285 312,782
Creditors: Amounts falling due after more
than one year 		(36,900) (36,900)
Provisions for liabilities (4,537) (3,685)
NET ASSETS 130,848 272,197
Capital and reserves
Called up share capital 2 2
Profit and loss account 130,846 272,195
TOTAL EQUITY 130,848 272,197
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 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: 04627288
Blades UK Ltd
Balance sheet - continued
as at 31 March 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.
Signed by:
Mr L Taylor, Director
23 December 2025
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Blades UK Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Blades UK Ltd is a private company registered in England and Wales. Its registered number is 04627288. The company is limited by shares. Its registered office is 14 Goodwins Road, King's Lynn, Norfolk, PE30 5QX.
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 director has 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 director takes 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 director considers 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.
Website development - 8% reducing balance
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.
Land and buildings:
Freehold property - Not applicable
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Computer equipment - 20% reducing balance
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Blades UK Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 1 (2024 - 1).
4 Intangible assets
Website
development
£
Cost
At 1 April 2024 11,887
Additions 1,047
At 31 March 2025 12,934
4
Blades UK Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Intangible assets - continued
Amortisation
At 1 April 2024 5,620
Charge for year 973
At 31 March 2025 6,593
Net book value
At 31 March 2025 6,341
At 31 March 2024 6,267
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 April 2024 27,633 25,079 52,712
Additions - 1,203 1,203
Disposals (27,633) - (27,633)
At 31 March 2025 - 26,282 26,282
Depreciation
At 1 April 2024 - 24,835 24,835
Charge for year - (508) (508)
At 31 March 2025 - 24,327 24,327
Net book value
At 31 March 2025 - 1,955 1,955
At 31 March 2024 27,633 244 27,877
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Blades UK Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Mr L Taylor
Balance outstanding at start of year 21,634 -
Amounts advanced 8,183 -
Amounts repaid (27,412) -
Balance outstanding at end of year 2,405 -
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