Bon-Bloemen Ltd - Filleted accounts

Registered number

07151431

Bon-Bloemen Ltd

Unaudited Financial Statements For The Year Ended

28 February 2025

Bon-Bloemen Ltd
Registered number:		07151431
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		250,894			-
Tangible assets	4		251,162			306,550
			502,056			306,550

Current assets
Stocks		179,137			232,571
Debtors	5	341,704			802,524
Cash at bank and in hand		1,725,570			1,198,089
		2,246,411			2,233,184

Creditors: amounts falling due within one year	6	(1,018,636)			(885,747)

Net current assets			1,227,775			1,347,437

Total assets less current liabilities			1,729,831			1,653,987


Provisions for liabilities			(61,569)			(75,182)


Net assets			1,668,262			1,578,805

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			1,667,262			1,577,805

Shareholders' funds			1,668,262			1,578,805

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Danielle Horn
Director
Approved by the board on 22 December 2025

Bon-Bloemen Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

	Intangible fixed assets
	The company accounts for its cryptocurrency investments as indefinite-lived intangible assets which are initially measured at cost less any accumulative impairment losses and are subsequently revalued at the balance sheet date and carried at a revalued amount less any accumulative impairment losses. The valuation is based on quoted (unadjusted) prices from the Kraken exchange and revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period. Cryptocurrency investments have not been amortised due to the nature of the asset and its indefinite useful life. This will be reviewed periodically.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance
	Fixtures, fittings and equipment			15% reducing balance
	Motor vehicles			25% reducing balance

	Impairment of fixed assets
	At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					26		25
	(including directors)

3	Intangible fixed assets							£
	Digital assets:

	Cost
	Additions							300,593
	Revaluation							(49,699)
	At 28 February 2025							250,894

	Net book value
	At 28 February 2025							250,894

	Cryptocurrency investments have not been amortised due to the nature of the asset and its indefinite useful life. This will be reviewed periodically.


4	Tangible fixed assets
		Fixtures, fittings & equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	42,983		326,420		229,518		598,921
	Additions	-		576		12,995		13,571
	At 28 February 2025	42,983		326,996		242,513		612,492

	Depreciation
	At 1 March 2024	20,728		187,035		84,608		292,371
	Charge for the year	3,994		27,925		37,040		68,959
	At 28 February 2025	24,722		214,960		121,648		361,330

	Net book value
	At 28 February 2025	18,261		112,036		120,865		251,162
	At 29 February 2024	22,255		139,385		144,910		306,550


5	Debtors					2025		2024
£							£

	Trade debtors					161,758		269,718
	Other debtors					179,946		532,806
						341,704		802,524


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					831,852		702,185
	Taxation and social security costs					167,200		171,491
	Other creditors					19,584		12,071
						1,018,636		885,747


7	Loans to directors
	Description and conditions	B/fwd	Advanced		Repaid		C/fwd
£			£		£		£

	D Bland	(255,924)		(26,263)		283,806		1,619

	D H Horn	(255,983)		(28,827)		285,393		583

		(511,907)		(55,090)		569,199		2,202

	Interest amounting to £6,282 was paid on the above loans during the period.


8	Called up share capital					2025		2024
£							£
	Ordinary share capital issued
	and fully paid - Ord shares of £1 each					1,000		1,000


9	Other information

	Bon-Bloemen Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3-5 Eastern Avenue
	Team Valley Trading Estate
	Gateshead
	NE11 0ZJ