Company Registration No. 11460323 (England and Wales)
Block Two Technology Ltd
Unaudited accounts
for the year ended 31 December 2025
Block Two Technology Ltd
Unaudited accounts
Contents
Block Two Technology Ltd
Company Information
for the year ended 31 December 2025
Directors
BISHOP, Andrew James
BLOCKLEY, Nicholas Philip
TROTT, Adrian Spencer
Company Number
11460323 (England and Wales)
Registered Office
19 Clarke Road
Mount Farm
Bletchley
Milton Keynes
Buckinghamshire
MK1 1LG
England
Block Two Technology Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
12,090
15,292
Cash at bank and in hand
1,461
9,416
Creditors: amounts falling due within one year
(13,029)
(30,943)
Net current (liabilities)/assets
(10,906)
22,134
Total assets less current liabilities
1,184
37,426
Creditors: amounts falling due after more than one year
(500)
(22,981)
Provisions for liabilities
Deferred tax
(3,023)
(3,823)
Net (liabilities)/assets
(2,339)
10,622
Called up share capital
1
1
Profit and loss account
(2,340)
10,621
Shareholders' funds
(2,339)
10,622
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 17 June 2026 and were signed on its behalf by
BISHOP, Andrew James
Director
Company Registration No. 11460323
Block Two Technology Ltd
Notes to the Accounts
for the year ended 31 December 2025
Block Two Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 11460323. The registered office is 19 Clarke Road, Mount Farm, Bletchley, Milton Keynes, Buckinghamshire, MK1 1LG, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% on reducing balance
Computer equipment
33% on reducing balance
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
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.
Block Two Technology Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
36,897
8,639
45,536
At 31 December 2025
36,897
8,639
45,536
At 1 January 2025
22,707
7,537
30,244
Charge for the year
2,838
364
3,202
At 31 December 2025
25,545
7,901
33,446
At 31 December 2025
11,352
738
12,090
At 31 December 2024
14,190
1,102
15,292
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,133
1,708
Trade creditors
103
18,666
Taxes and social security
3,118
1,817
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
500
22,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Block Two Technology Ltd
Notes to the Accounts
for the year ended 31 December 2025
The company is a wholly owned subsidiary of Global Networks Group Limited.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).