Registration number: SC407312

Caritas Bloom Trustee Services Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Caritas Bloom Trustee Services Ltd

Company Information

Director

L Brown

Registered office

Unit 13, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

Accountants

M&S Accountancy and Taxation Limited Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

Caritas Bloom Trustee Services Ltd

(Registration number: SC407312)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	33	65
Current assets
Debtors	5	390,333	374,104
Cash at bank and in hand		671,312	342,619
		1,061,645	716,723
Creditors: Amounts falling due within one year	6	(942,736)	(607,599)
Net current assets		118,909	109,124
Total assets less current liabilities		118,942	109,189
Creditors: Amounts falling due after more than one year	6	(40,473)	(40,473)
Net assets		78,469	68,716
Capital and reserves
Called up share capital	7	1	1
Retained earnings		78,468	68,715
Shareholders' funds		78,469	68,716

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 December 2025
 

......................................... L Brown Director

Caritas Bloom Trustee Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 13, Dunfermline Business Centre
Izatt Avenue
Dunfermline
Fife
KY11 3BZ
Scotland

These financial statements were authorised for issue by the director on 24 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown gross of sales/value added tax.

Tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Caritas Bloom Trustee Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Tangible assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Depreciation

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Asset class	Depreciation method and rate
Fixtures and Fittings	15% Straight Line

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include debtors and cash at bank.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
 
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
 
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Caritas Bloom Trustee Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 October 2023	210	210
At 30 September 2024	210	210
Depreciation
At 1 October 2023	145	145
Charge for the year	32	32
At 30 September 2024	177	177
Carrying amount
At 30 September 2024	33	33
At 30 September 2023	65	65

5

Debtors

Current	Note	2024 £	2023 £
Amounts owed by related parties	8	125,545	126,145
Other debtors		264,788	247,959
		390,333	374,104

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Loans and borrowings		9,527	9,527
Taxation and social security		36,554	28,168
Accruals and deferred income		18,620	14,400
Other creditors		878,035	555,504
		942,736	607,599

Caritas Bloom Trustee Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Loans and borrowings		40,473	40,473

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8	Related party transactions

Transactions with the director

2024	At 1 October 2023 £	Advances to director £	At 30 September 2024 £
L Brown
Interest Charged at 2.25%	234,739	12,582	247,321

Loans to related parties

2024	Other related parties £	Total £
At start of period	126,145	126,145
Repaid	(600)	(600)
At end of period	125,545	125,545

The loans are unsecured and repayable on demand.