Company No: 03371980 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
				Restated - note 2
Fixed assets
Intangible assets	4	134,330		122,560
Tangible assets	5	266,664		258,764
		400,994		381,324
Current assets
Stocks		436,713		372,650
Debtors	6	100,797		102,235
Cash at bank and in hand		280,404		96,249
		817,914		571,134
Creditors: amounts falling due within one year	7, 11	( 407,728)		( 408,802)
Net current assets		410,186		162,332
Total assets less current liabilities		811,180		543,656
Creditors: amounts falling due after more than one year	8	( 108,966)		( 99,590)
Provision for liabilities		( 42,825)		( 39,426)
Net assets		659,389		404,640
Capital and reserves
Called-up share capital	9	240		240
Share premium account		52,300		52,300
Capital redemption reserve		60		60
Profit and loss account		606,789		352,040
Total shareholders' funds		659,389		404,640

For the financial year ending 31 December 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Blackmore Computers Limited (registered number: 03371980) were approved and authorised for issue by the Board of Directors on 13 May 2026. They were signed on its behalf by:

Mr S Edmunds Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Blackmore Computers Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Chitterne Dairy Shrewton Road, Chitterne, Warminster, BA12 0LN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Prior year adjustment

Previous year accounts have been restated to include capitalised development costs and a correction to the treatment of a hire purchase vehicle. These have affected the accounts as detailed in note 2.

Turnover

Turnover represents fair value of goods and services provided under contracts with the customers to the extent there is right to consideration. It is measured at fair value of the consideration due. Where a service is incomplete at the year end, turnover represents the value of the service provided to that date based on an appropriate proportion of the total expected consideration at completion.

Invoices are not raised until a contract is complete so the value of incomplete services is included in Amounts recoverable on contracts in the balance sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as detailed below.

*Change in accounting estimate*
During the year, the directors reassessed the estimated useful economic life of development costs. As a result, development costs are now amortised over a period of 10 years, rather than 5 years previously. This change has been accounted for prospectively in accordance with FRS 102.

Development costs

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Plant and machinery	15 % reducing balance
Vehicles	4 years straight line
Fixtures and fittings	15 % reducing balance
Computer equipment	33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

The cost of finished goods and work in progress 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. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell, the impairment loss is recognised immediately in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when the are due. If contribution payments exceed the contribution due for the service, the excess is recognised as a prepayment.

2. Prior year adjustment

Previous year accounts have been restated to include capitalised development costs and a correction to the treatment of a hire purchase vehicle. These have affected the accounts as detailed below.

		As previously reported		Adjustment		As restated
Year ended 31 December 2024		£		£		£
Intangible assets		99,478		23,082		122,560
Vehicles		105,569		37,509		143,078
Taxation and social security		167,448		(9,896)		157,552
Obligations under finance leases and hire purchase contracts		79,597		40,709		120,306
Wages and salaries		661,938		(25,327)		636,611
Employers NI		64,810		(7,860)		56,950
Pensions		22,569		(656)		21,913
Depreciation		46,413		12,503		58,916
Amortisation		59,724		5,768		65,492
Motor expenses		90,989		(13,310)		77,679
Hire purchase interest payable		10,913		5,300		16,213

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	46		42

4. Intangible assets

	Development costs		Total
	£		£
Cost
At 01 January 2025	514,507		514,507
Additions	31,145		31,145
At 31 December 2025	545,652		545,652
Accumulated amortisation
At 01 January 2025	391,947		391,947
Charge for the financial year	19,375		19,375
At 31 December 2025	411,322		411,322
Net book value
At 31 December 2025	134,330		134,330
At 31 December 2024	122,560		122,560

5. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 January 2025	16,842		224,875		228,139		112,069		76,260		658,185
Additions	0		71,520		0		7,948		0		79,468
At 31 December 2025	16,842		296,395		228,139		120,017		76,260		737,653
Accumulated depreciation
At 01 January 2025	16,842		137,484		85,061		91,349		68,685		399,421
Charge for the financial year	0		22,132		42,635		4,300		2,501		71,568
At 31 December 2025	16,842		159,616		127,696		95,649		71,186		470,989
Net book value
At 31 December 2025	0		136,779		100,443		24,368		5,074		266,664
At 31 December 2024	0		87,391		143,078		20,720		7,575		258,764

6. Debtors

	2025		2024
	£		£
Trade debtors	84,136		57,836
Other debtors	16,661		44,399
	100,797		102,235

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,167		10,000
Trade creditors	33,366		77,194
Taxation and social security	203,221		157,552
Obligations under finance leases and hire purchase contracts	36,227		24,883
Other creditors	130,747		139,173
	407,728		408,802

Hire Purchase liabilities are secured on the assets financed.

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		4,167
Obligations under finance leases and hire purchase contracts	108,966		95,423
	108,966		99,590

Hire Purchase liabilities are secured on the assets financed.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
120 B ordinary shares of £ 1.00 each	120		120
120 A ordinary shares of £ 1.00 each	120		120
	240		240

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	24,234		36,768
between one and five years	8,953		39,422
Total future minimum lease payments under non-cancellable operating leases	33,187		76,190

11. Related party transactions

Director 1

	2025		2024
	£		£
Opening balance	(5,243)		(5,243)
Advances	(41,257)		0
Repayments	51,500		0
	5,000		(5,243)

During the year the company made advances to its directors; the loans are interest free and are repayable on demand.