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Company Registration No. 15601603 (England and Wales)
BLOOMSART LIMITED Unaudited accounts for the period from 28 March 2024 to 31 March 2025
BLOOMSART LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BLOOMSART LIMITED Company Information for the period from 28 March 2024 to 31 March 2025
Director
Olesya Panova
Company Number
15601603 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Just Right Accountancy ltd 93A Stanley Road Harrow HA2 8AY
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BLOOMSART LIMITED Statement of financial position as at 31 March 2025
2025
Notes
£
Fixed assets
Tangible assets
4
56,553
Current assets
Debtors
5
18,685
Cash at bank and in hand
2,016
20,701
Creditors: amounts falling due within one year
6
(83,299)
Net current liabilities
(62,598)
Net liabilities
(6,045)
Capital and reserves
Called up share capital
1
Profit and loss account
(6,046)
Shareholders' funds
(6,045)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 December 2025 and were signed on its behalf by
Olesya Panova Director Company Registration No. 15601603
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BLOOMSART LIMITED Notes to the Accounts for the period from 28 March 2024 to 31 March 2025
1
Statutory information
BLOOMSART LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15601603. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Computer equipment
25% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The company’s Balance Sheet at the reporting date shows a net liability position. The directors have reviewed the company’s financial forecasts and cash flow projections and are satisfied that the company will continue to operate as a going concern for at least 12 months from the date of approval of these financial statements. This assessment takes into account the support of the directors, who have confirmed their commitment to provide additional financial support as necessary to ensure that the company can meet its obligations as they fall due. Accordingly, the financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence and realise its assets and settle its liabilities in the normal course of business.
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BLOOMSART LIMITED Notes to the Accounts for the period from 28 March 2024 to 31 March 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 28 March 2024
-
-
-
Additions
67,890
1,315
69,205
At 31 March 2025
67,890
1,315
69,205
Depreciation
Charge for the period
12,447
205
12,652
At 31 March 2025
12,447
205
12,652
Net book value
At 31 March 2025
55,443
1,110
56,553
5
Debtors
2025
£
Amounts falling due within one year
Trade debtors
17,313
Deferred tax asset
1,372
18,685
6
Creditors: amounts falling due within one year
2025
£
VAT
9,600
Trade creditors
163
Loans from directors
73,536
83,299
7
Deferred taxation
2025
£
Accelerated capital allowances
10,745
Tax losses carried forward
(12,117)
(1,372)
2025
£
Credited to the profit and loss account
(1,372)
Provision at end of period
(1,372)
The deferred tax asset relates primarily to unused tax losses that the directors consider recoverable against future taxable profits.
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BLOOMSART LIMITED Notes to the Accounts for the period from 28 March 2024 to 31 March 2025
8
Average number of employees
During the period the average number of employees was 1.
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