Company Registration No. 06540517 (England and Wales)
Blakemore & Co Ltd
Unaudited accounts
for the year ended 31 March 2021
Blakemore & Co Ltd
Unaudited accounts
Contents
Blakemore & Co Ltd
Company Information
for the year ended 31 March 2021
Directors
Ms LE Blakemore
Mr WMK Blakemore
Company Number
06540517 (England and Wales)
Registered Office
The Old Convent
Llanbadarn Road
Aberystwyth
Ceredigion
SY23 1WX
Accountants
Kyffin & Co
The Old Convent
Llanbadarn Road
Aberystwyth
Ceredigion
SY23 1WX
Blakemore & Co Ltd
Statement of financial position
as at 31 March 2021
Intangible assets
350,000
350,000
Tangible assets
1,524,105
1,528,652
Debtors
1,599,908
1,506,621
Cash at bank and in hand
103,442
93,527
Creditors: amounts falling due within one year
(2,422,860)
(2,510,809)
Net current liabilities
(701,510)
(871,661)
Total assets less current liabilities
1,172,595
1,006,991
Creditors: amounts falling due after more than one year
(402,184)
(357,506)
Net assets
770,411
649,485
Called up share capital
1
1
Profit and loss account
770,410
649,484
Shareholders' funds
770,411
649,485
For the year ending 31 March 2021 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 5 September 2022 and were signed on its behalf by
Mr WMK Blakemore
Director
Company Registration No. 06540517
Blakemore & Co Ltd
Notes to the Accounts
for the year ended 31 March 2021
Blakemore & Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 06540517. The registered office is The Old Convent , Llanbadarn Road , Aberystwyth, Ceredigion, SY23 1WX.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Written Down Value
Fixtures & fittings
15% Written Down Value
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
Blakemore & Co Ltd
Notes to the Accounts
for the year ended 31 March 2021
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
1,498,338
173,644
15,579
1,687,561
At 31 March 2021
1,498,338
173,644
15,579
1,687,561
At 1 April 2020
-
148,945
9,964
158,909
Charge for the year
-
3,705
842
4,547
At 31 March 2021
-
152,650
10,806
163,456
At 31 March 2021
1,498,338
20,994
4,773
1,524,105
At 31 March 2020
1,498,338
24,699
5,615
1,528,652
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
58,089
100,802
Accrued income and prepayments
62,394
62,394
Other debtors
1,479,425
1,343,425
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
32,300
28,673
Trade creditors
5,085
19,664
Taxes and social security
56,454
84,333
Other creditors
1,098,668
1,146,536
Loans from directors
1,158,127
1,172,163
8
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
402,184
357,506
The bank loans are secured on the Woodlands Caravan Park Llanon and on the Freehold Property owned presently by the family of the Director.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Blakemore & Co Ltd
Notes to the Accounts
for the year ended 31 March 2021
10
Transactions with related parties
An associate of the Director is the proprietor of a Caravan Park at Borth that trades as "Golden Sands Holidays". In the year the Company has sold caravans to that business, undertaken repairs and maintenance of equipment and caravans on the Golden Sands Holiday Site and has charged the business for administration expenses jointly relating to the Company and this other business. All transactions have been charged at standard commercial values.
In the opinion of the Director, the ultimate controlling party of the Company is Mr W M K Blakemore by virtue of his 100% shareholding.
12
Average number of employees
During the year the average number of employees was 6 (2020: 6).