Bloomfield Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01703041

Bloomfield Construction Limited

Filleted Unaudited Financial Statements

30 June 2025

Bloomfield Construction Limited

Financial Statements

Year ended 30 June 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Bloomfield Construction Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		172,607		136,930

Current assets

Stocks		4,500	4,500
Debtors	6	120,072	204,241
Cash at bank and in hand		5,104	78,498
		---------	---------
		129,676	287,239

Creditors: amounts falling due within one year	7	130,174		219,358
		---------		---------
Net current (liabilities)/assets			( 498)		67,881
			---------		---------
Total assets less current liabilities			172,109		204,811

Provisions

Taxation including deferred tax	14,777	13,050
	---------	---------
Net assets	157,332	191,761
	---------	---------

Capital and reserves

Called up share capital	8	100	100
Profit and loss account		157,232	191,661
		---------	---------
Shareholders funds		157,332	191,761
		---------	---------

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 income and retained earnings has not been delivered.

For the year ending 30 June 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 year 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 .

Bloomfield Construction Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 23 April 2026 , and are signed on behalf of the board by:

M W Bloomfield

Director

Company registration number: 01703041

Bloomfield Construction Limited

Notes to the Financial Statements

Year ended 30 June 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 146 New London Road, Chelmsford, Essex, CM2 0AW.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & machinery	-	15% straight line
Office equipment	-	10% straight line
Motor vehicles	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Stock and work in progress

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. An element of profit is included in the valuation of work in progress.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 8 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 July 2024	90,000	136,674	29,930	48,494	305,098
Additions	–	28,086	251	24,999	53,336
	--------	---------	--------	--------	---------
At 30 June 2025	90,000	164,760	30,181	73,493	358,434
	--------	---------	--------	--------	---------
Depreciation
At 1 July 2024	–	133,705	27,622	6,841	168,168
Charge for the year	–	3,658	552	13,449	17,659
	--------	---------	--------	--------	---------
At 30 June 2025	–	137,363	28,174	20,290	185,827
	--------	---------	--------	--------	---------
Carrying amount
At 30 June 2025	90,000	27,397	2,007	53,203	172,607
	--------	---------	--------	--------	---------
At 30 June 2024	90,000	2,969	2,308	41,653	136,930
	--------	---------	--------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	18,441	33,999
Amounts owed by related party	98,911	133,488
Directors loans	–	34,544
Other debtors	2,720	2,210
	---------	---------
	120,072	204,241
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	23,418	–
Trade creditors	35,204	14,789
Accruals and deferred income	6,984	79,910
Corporation tax	32,410	89,534
Social security and other taxes	16,677	26,758
Director loan accounts	14,653	–
Other creditors	828	8,367
	---------	---------
	130,174	219,358
	---------	---------

8. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	10,000	10,000	10,000	10,000
	--------	--------	--------	--------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

9. Directors' advances, credits and guarantees

At the year end the Directors owed the company £Nil (2024 - £34,544). Interest of £453 (2024 - £1,142) has been charged on this loan during the year.

10. Related party transactions

During the year £3,500 (2024 - £3,500) rent was paid to a director on a property personally owned by them. At the year end the company was due £98,911 (2024 - £133,488) by a related company in which the directors have an interest in. At the year end the directors were owed £14,653 (2024 - £Nil) which is shown amongst creditors.