IRIS Accounts Production v23.3.0.418 13878020 Board of Directors Board of Directors 28.1.22 31.3.23 31.3.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138780202022-01-27138780202023-03-31138780202022-01-282023-03-31138780202022-01-2713878020ns10:Originalns15:EnglandWales2022-01-282023-03-3113878020ns14:PoundSterlingns10:Original2022-01-282023-03-3113878020ns10:Originalns10:Director12022-01-282023-03-3113878020ns10:Original2022-01-282023-03-3113878020ns10:Originalns10:Director22022-01-282023-03-3113878020ns10:Original2023-03-3113878020ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-282023-03-3113878020ns10:Originalns10:SmallEntities2022-01-282023-03-3113878020ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-282023-03-3113878020ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-282023-03-3113878020ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-282023-03-3113878020ns10:Originalns10:FullAccounts2022-01-282023-03-3113878020ns10:Originalns10:RegisteredOffice2022-01-282023-03-3113878020ns10:Originalns5:CurrentFinancialInstruments2023-03-3113878020ns5:ShareCapitalns10:Original2023-03-3113878020ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3113878020ns5:Securedns10:Original2023-03-31
REGISTERED NUMBER: 13878020 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 JANUARY 2022 TO 31 MARCH 2023

FOR

BLAKENEY HOMES (DEVELOPMENTS) LIMITED

BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 28 JANUARY 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLAKENEY HOMES (DEVELOPMENTS) LIMITED

COMPANY INFORMATION
for the Period 28 JANUARY 2022 TO 31 MARCH 2023







DIRECTORS: Mr P F Doyle
Mr J D Doyle





REGISTERED OFFICE: 4 Water End Barns
Eversholt
Milton Keynes
Beds
MK17 9EA





REGISTERED NUMBER: 13878020 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020)

BALANCE SHEET
31 MARCH 2023

Notes £   
CURRENT ASSETS
Stocks 4 1,026,511
Debtors 5 1,490
1,028,001
CREDITORS
Amounts falling due within one year 6 1,029,250
NET CURRENT LIABILITIES (1,249 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,249

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (1,250 )
(1,249 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:




Mr P F Doyle - Director



Mr J D Doyle - Director


BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 28 JANUARY 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Blakeney Homes (Developments) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on a going concern basis which is considered to be appropriate, although the company's ability to continue trading is reliant on the continued support of its parent company.

Work in progress
Work in progress includes raw materials and consumable stock, land for development, direct labour, other direct costs and related overheads appropriate to the relevant stage of completion. Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Work in progress is recognised as an expense in the period in which the related revenue is recognised.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was NIL.

4. STOCKS
£   
Work-in-progress 1,026,511

BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 28 JANUARY 2022 TO 31 MARCH 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 1,490

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 364,996
Other creditors 663,154
Accrued expenses 1,100
1,029,250

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 364,996

The bank loan is secured by way of fixed and floating charge over the site in work in progress to which
it relates.