Company Registration No. 08468566 (England and Wales)
BLAKE AND CO LTD
Unaudited accounts
for the year ended 30 April 2022
BLAKE AND CO LTD
Unaudited accounts
Contents
BLAKE AND CO LTD
Company Information
for the year ended 30 April 2022
Company Number
08468566 (England and Wales)
Registered Office
111 High Street
Lincoln
Lincolnshire
LN5 7PY
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Alchemy AAA Certified Public Accountants
Big Barn, East Farm, Atterby,
Market Rasen
Lincolnshire
LN8 2BJ
BLAKE AND CO LTD
Statement of financial position
as at 30 April 2022
Tangible assets
119,997
121,107
Cash at bank and in hand
108
104
Creditors: amounts falling due within one year
(67,680)
(66,423)
Net current liabilities
(67,572)
(61,997)
Total assets less current liabilities
52,425
59,110
Creditors: amounts falling due after more than one year
(11,020)
(18,500)
Called up share capital
1
1
Revaluation reserve
30,000
30,000
Profit and loss account
11,404
10,609
Shareholders' funds
41,405
40,610
For the year ending 30 April 2022 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 director acknowledges her 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 and authorised for issue on 12 September 2022 and were signed on its behalf by
M O Clucas
Director
Company Registration No. 08468566
BLAKE AND CO LTD
Notes to the Accounts
for the year ended 30 April 2022
BLAKE AND CO LTD is a private company, limited by shares, registered in England and Wales, registration number 08468566. The registered office is 111 High Street, Lincoln, Lincolnshire, LN5 7PY.
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, provided to customers in respect of services 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:
Land & buildings
0% - Reducing Balance
Fixtures & fittings
10% - Reducing Balance
Preferencial Securities Charge
Lloyds Bank Plc:
1. A fixed charge against the premises at: 111, High Street, Lincoln, LN5 7PY
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2021
110,000
20,899
130,899
At 30 April 2022
110,000
20,899
130,899
At 1 May 2021
-
9,792
9,792
Charge for the year
-
1,110
1,110
At 30 April 2022
-
10,902
10,902
At 30 April 2022
110,000
9,997
119,997
At 30 April 2021
110,000
11,107
121,107
BLAKE AND CO LTD
Notes to the Accounts
for the year ended 30 April 2022
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
8,050
8,050
Taxes and social security
447
579
Loans from directors
58,683
57,294
Included in Bank Loans and Overdrafts.
Lloyds Bank PLC - Secured Mortgage: £7200 due within 12 months
Also a Lloyds Bank PLC bounce back loan of £850 due within 12 months
The director accepts the withdrawal of the loan account will be in line with positive cash-flow of the company and has agreed to continue financial support for the future as necessary.
7
Creditors: amounts falling due after more than one year
2022
2021
Lloyds Bank PLC
Secured Mortgage: £15,600 (£7,200 due within 12mths /£8,400 due after 12 mths)
Fall due after:
Year 1. = £7,200
Year 2. = £7,200
Year 3. = £1,200 balance of loan
Included is a Lloyds Bank PLC bounce back loan of: £3,470 (£ 850 due within 12mths / £2,620 due after 12mths)
Year 1. = £850
Year 2. = £850
Year 3. = £850
Year 4. = £70
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The Ultimate Controlling Party is:
M.O. Clucas - Holding 100% of the Ordinary Voting Share Capital
BLAKE AND CO LTD
Notes to the Accounts
for the year ended 30 April 2022
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).