Bladud Flies Limited Accounts






	Bladud Flies Limited
	Company No. 08568349

	Information for Filing with The Registrar
	30 June 2026

The Directors present their report and the accounts for the year ended 30 June 2026.

Principal activities

The principal activity of the company during the year under review was Lathe cut vinyl, mastering and design.
-

Directors

The Directors who served at any time during the year were as follows:

L.Winton
M. J.Lawrence




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

L.Winton
Director
07 October 2026

at	30 June 2026
Company No.		08568349	Notes	2026	2025
				£	£
Fixed assets
	Tangible assets		5	5,009	3,358
				5,009	3,358
Current assets
	Debtors		6	2,165	4,037
	Investments		7	-	-
	Cash at bank and in hand			10,960	12,035
				13,125	16,072
Creditors: Amount falling due within one year			8	(13,069)	(8,411)
Net current assets				56	7,661
Total assets less current liabilities				5,065	11,019
Creditors: Amounts falling due after more than one year			9	(5,168)	(6,250)
Net (liabilities)/assets				(103)	4,769

Capital and reserves
	Called up share capital			100	100
	Profit and loss account			(203)	4,669

Total equity				(103)	4,769


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 October 2026 and signed on its behalf by:
M. J.Lawrence
Director
07 October 2026

for the year ended 30 June 2026

1

General information

Bladud Flies Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 08568349

Its registered office is:

Poplars

Dewi Road

Tregaron

Ceredigion

SY25 6JW

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
		2026	2025
		Number	Number
	The average monthly number of employees (including directors) during the year was:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax


		(b) Factors affecting the total tax charge for the period
		Profit on ordinary activities before tax	(4,872)	(5,097)

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 July 2025	-	25,800	-	-	25,800
		Additions	-	3,236	-	-	3,236
		At 30 June 2026	-	29,036	-	-	29,036
		Depreciation
		At 1 July 2025	-	22,442	-	-	22,442
		Charge for the year	-	1,585	-	-	1,585
		At 30 June 2026	-	24,027	-	-	24,027
		Net book values
		At 30 June 2026	-	5,009	-	-	5,009
		At 30 June 2025	-	3,358	-	-	3,358

6	Debtors
			2026	2025
			£	£
		Trade debtors	2,165	4,037
			2,165	4,037

7

Current asset investments

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£
		Trade creditors	1,425	61
		Taxes and social security	5,213	5,341
		Loans from directors	4,980	1,623
		Accruals and deferred income	1,451	1,386
			13,069	8,411

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£
		Bank loans and overdrafts	5,168	6,250
			5,168	6,250

10

Transition to FRS 102

The impact from the transition to FRS 102 is as follows: