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Company Registration No. 05227233 (England and Wales)
Bloomfields Welch Management Ltd Unaudited accounts for the year ended 31 December 2025
Bloomfields Welch Management Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bloomfields Welch Management Ltd Company Information for the year ended 31 December 2025
Directors
Patricia Diana Bloomfield Emma Gabrielle Bloomfield
Secretary
Patricia Diana Bloomfield
Company Number
05227233 (England and Wales)
Registered Office
37 St. Leonards Drive Nottingham NG8 2BB England
Accountants
Embrace Accountants Ltd 37 St. Leonards Drive Nottingham NG8 2BB
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Bloomfields Welch Management Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,417
5,378
Current assets
Debtors
5
22,611
17,902
Cash at bank and in hand
29,252
23,946
51,863
41,848
Creditors: amounts falling due within one year
6
(55,512)
(39,791)
Net current (liabilities)/assets
(3,649)
2,057
Total assets less current liabilities
768
7,435
Creditors: amounts falling due after more than one year
7
-
(7,131)
Net assets
768
304
Capital and reserves
Called up share capital
2
2
Profit and loss account
766
302
Shareholders' funds
768
304
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 24 August 2026 and were signed on its behalf by
Emma Gabrielle Bloomfield Director Company Registration No. 05227233
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Bloomfields Welch Management Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Bloomfields Welch Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 05227233. The registered office is 37 St. Leonards Drive, Nottingham, NG8 2BB, 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.
3
Accounting policies
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.
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Bloomfields Welch Management Ltd Notes to the Accounts for the year ended 31 December 2025
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
9,325
11,293
20,618
Additions
890
1,236
2,126
At 31 December 2025
10,215
12,529
22,744
Depreciation
At 1 January 2025
8,939
6,301
15,240
Charge for the year
447
2,640
3,087
At 31 December 2025
9,386
8,941
18,327
Net book value
At 31 December 2025
829
3,588
4,417
At 31 December 2024
386
4,992
5,378
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Bloomfields Welch Management Ltd Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
4,144
Accrued income and prepayments
2,241
616
Other debtors
20,370
13,142
22,611
17,902
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
15,838
24,956
VAT
15,275
-
Taxes and social security
22,499
12,935
Other creditors
1,900
1,900
55,512
39,791
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
7,131
8
Operating lease commitments
2025
2024
£
£
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
7,341
4,306
Later than one year and not later than five years
17,741
-
25,082
4,306
9
Transactions with related parties
Included within debtors is a director's loan of £7,420 (2024 debtors: £6,563) due from Emma Bloomfield, a director of the Company. The loan is unsecured, interest free and repayable on demand. The loan was fully repaid after the year end. Included within debtors is a director's loan of £7,419 (2024: £nil) due from Patricia Bloomfield, a director of the Company. The loan is unsecured, interest free and repayable on demand. The loan was fully repaid after the year end.
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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