2022-04-01 05945789 2023-03-31 05945789 2022-04-01 2023-03-31 05945789 2022-03-31 05945789 2021-04-01 2022-03-31 05945789 uk-core:WithinOneYear 2022-03-31 05945789 uk-core:WithinOneYear 2023-03-31 05945789 uk-core:ShareCapital 2023-03-31 05945789 uk-core:ShareCapital 2022-03-31 05945789 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05945789 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 05945789 uk-bus:Director1 2022-04-01 2023-03-31 05945789 uk-core:NetGoodwill 2022-04-01 2023-03-31 05945789 uk-core:ToolsEquipment 2022-04-01 2023-03-31 05945789 uk-core:MotorCars 2022-04-01 2023-03-31 05945789 uk-core:Goodwill 2022-03-31 05945789 uk-core:Goodwill 2023-03-31 05945789 uk-core:ToolsEquipment 2022-03-31 05945789 uk-core:MotorCars 2022-03-31 05945789 uk-core:MotorCars 2023-03-31 05945789 uk-core:ToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure 05945789 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05945789 uk-bus:FRS102 2022-04-01 2023-03-31 05945789 uk-bus:FullAccounts 2022-04-01 2023-03-31 05945789 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Blakeney Leigh Limited
Registered Number:05945789
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Blakeney Leigh Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05945789
As at 31 March 2023
Blakeney Leigh Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
206,718
173,016
3
206,718
173,016
Current assets
Trade and other receivables
1,716,769
1,405,713
4
566,232
Cash and cash equivalents
1,264,885
2,670,598
2,283,001
Trade and other payables: amounts falling due within one
year
(848,725)
(498,731)
5
1,434,276
2,171,867
Net current assets
Total assets less current liabilities
2,378,585
1,607,292
(23,156)
(15,552)
Provisions for liabilities
2,355,429
Net assets
1,591,740
Capital and reserves
Called up share capital
100
100
Retained earnings
2,355,329
1,591,640
2,355,429
1,591,740
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Neal Gordon Director
These financial statements were approved and authorised for issue by the Board on 13 October 2023 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 March 2023
Blakeney Leigh Limited
Notes to the Financial Statements
Statutory Information
Blakeney Leigh Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05945789.
Registered address:
3 Sherman Walk
Greenwich
London
SE10 0YJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 6 years.
Property, plant and equipment
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Equipment
25% Reducing balance
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 31 March 2023
Blakeney Leigh Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2022
2,250,000
At 31 March 2023
2,250,000
Amortisation
At 01 April 2022
2,250,000
At 31 March 2023
2,250,000
Net book value
At 31 March 2023
-
At 31 March 2022
-
3. Property, plant and equipment
Total
Equipment
Motor vehicles
£
£
£
Cost or
valuation
At 01 April 2022
411,429
279,710
131,719
136,904
32,078
104,826
Additions
-
(43,275)
Disposals
(43,275)
At 31 March 2023
193,270
311,788
505,058
Provision for depreciation and impairment
At 01 April 2022
238,413
151,280
87,133
Charge for year
78,860
47,593
31,267
(18,933)
-
(18,933)
On disposal
At 31 March 2023
298,340
198,873
99,467
At 31 March 2023
Net book value
93,803
112,915
206,718
At 31 March 2022
44,586
128,430
173,016
4. Trade and other receivables
2022
2023
£
£
Trade debtors
330,558
565,029
Amounts owed by group undertakings and participating interests
744,002
741,758
Prepayments and accrued income
312,920
349,720
Taxation and social security
-
52,898
Other debtors
18,233
7,364
1,716,769
1,405,713
3 of 4
6
For the year ended 31 March 2023
Blakeney Leigh Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
58,645
324,279
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
3,696
-
Taxation and social security
292,320
220,321
Accruals and deferred income
52,638
56,265
Directors' loan accounts
81,771
239,980
Other creditors
9,661
7,880
498,731
848,725
6. Related party transactions
The company has taken advantage of the exemption from disclosing transactions with other group companies.
7. Average number of persons employed
During the year the average number of employees was 17 (2022 : 16)
8. Parent-subsidiary relationship
The ultimate parent undertaking, Blakeney Leigh Group Limited is incorporated in England and Wales No:13237019.The registered office and principle place of business is: 3 Sherman Walk, Greenwich, London, SE10 0YJ.
4 of 4