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REGISTERED NUMBER: 02691215 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

The Blackwater Barge Company Limited

The Blackwater Barge Company Limited (Registered number: 02691215)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Blackwater Barge Company Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: P A Jeffries
S J Valentine





SECRETARY: S J Valentine





REGISTERED OFFICE: 22 Church Street
Maldon
Essex
CM9 5HP





REGISTERED NUMBER: 02691215 (England and Wales)





ACCOUNTANTS: Harvey Smith & Co DVQ Limited
A Xeinadin Company
2 High Street
Burnham on Crouch
Essex
CM0 8AA

The Blackwater Barge Company Limited (Registered number: 02691215)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,990 47,982

CURRENT ASSETS
Debtors 5 - 2,300
Cash at bank 621 554
621 2,854
CREDITORS
Amounts falling due within one year 6 4,157 3,456
NET CURRENT LIABILITIES (3,536 ) (602 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,454

47,380

CREDITORS
Amounts falling due after more than one
year

7

16,000

18,000
NET ASSETS 21,454 29,380

CAPITAL AND RESERVES
Called up share capital 5 5
Revaluation reserve 8 51,838 60,948
Retained earnings (30,389 ) (31,573 )
SHAREHOLDERS' FUNDS 21,454 29,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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 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 Sections 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.

The Blackwater Barge Company Limited (Registered number: 02691215)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2023 and were signed on its behalf by:





S J Valentine - Director


The Blackwater Barge Company Limited (Registered number: 02691215)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

The Blackwater Barge Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 5% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

The Blackwater Barge Company Limited (Registered number: 02691215)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 259,016
DEPRECIATION
At 1 April 2022 211,034
Charge for year 6,992
At 31 March 2023 218,026
NET BOOK VALUE
At 31 March 2023 40,990
At 31 March 2022 47,982

Cost or valuation at 31 March 2023 is represented by:

Plant and
machinery
etc
£   
Valuation in 1996 45,051
Valuation in 2009 137,149
Cost 76,816
259,016

If the barge had not been revalued it would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 64,895 64,895
Aggregate depreciation 64,893 64,893

The barge was valued on an open market basis on 28 February 2009 by the company directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors - 2,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 2,427 2,426
Other creditors 1,730 1,030
4,157 3,456

The Blackwater Barge Company Limited (Registered number: 02691215)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 16,000 18,000

8. RESERVES
Revaluation
reserve
£   
At 1 April 2022 60,948
Tfr from Revaluation reserve (9,110 )

At 31 March 2023 51,838

9. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of S J Valentine and P Jeffries by virtue of their shareholdings and directorships.