1 April 2022 false No description of principal activity Taxfiler 2023.10 SC473006business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC4730062022-03-31 SC4730062022-04-012023-03-31 SC473006business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC473006business:FilletedAccounts2022-04-012023-03-31 SC4730062023-03-31 SC473006business:Director12022-04-012023-03-31 SC473006business:Director22022-04-012023-03-31 SC473006business:RegisteredOffice2022-04-012023-03-31 SC4730062022-03-31 SC473006core:WithinOneYear2023-03-31 SC473006core:WithinOneYear2022-03-31 SC473006core:AfterOneYear2023-03-31 SC473006core:AfterOneYear2022-03-31 SC473006core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC473006core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC473006core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC473006core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC473006core:PreviouslyStatedAmount2023-03-31 SC473006core:PreviouslyStatedAmount2022-03-31 SC473006business:SmallEntities2022-04-012023-03-31 SC473006countries:Scotland2022-04-012023-03-31 SC473006core:PlantMachinery2022-04-012023-03-31 SC473006core:MotorVehicles2022-04-012023-03-31 SC473006core:FurnitureFittings2022-04-012023-03-31 SC473006core:Goodwill2022-03-31 SC473006core:Goodwill2023-03-31 SC473006core:Goodwill2022-04-012023-03-31 SC473006core:PlantMachinery2022-03-31 SC473006core:PlantMachinery2023-03-31 SC4730062021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC473006 (Scotland)
Blackburn Fencing Ltd Filleted accounts for the year ended 31 March 2023
Blackburn Fencing Ltd Filleted accounts Contents
Page
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Blackburn Fencing Ltd Company Information for the year ended 31 March 2023
Directors
Alan Blackburn Eleanor Blackburn
Company Number
SC473006 (Scotland)
Registered Office
Newton House Insch Road Avoch IV9 8RD Scotland
Accountants
Cameron Consulting (Scotland) Ltd 7 Poles Road Dornoch IV25 3HP
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Blackburn Fencing Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
20,000 
Tangible assets
244,934 
151,406 
244,934 
171,406 
Current assets
Debtors
180,755 
32,277 
Cash at bank and in hand
53,335 
47,988 
234,090 
80,265 
Creditors: amounts falling due within one year
(155,035)
(110,230)
Net current assets/(liabilities)
79,055 
(29,965)
Total assets less current liabilities
323,989 
141,441 
Creditors: amounts falling due after more than one year
(51,830)
(39,639)
Provisions for liabilities
Deferred tax
(46,537)
- 
Net assets
225,622 
101,802 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
225,620 
101,800 
Shareholders' funds
225,622 
101,802 
For the year ending 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 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 27 October 2023 and were signed on its behalf by
Alan Blackburn Director Company Registration No. SC473006
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Blackburn Fencing Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Blackburn Fencing Ltd is a private company, limited by shares, registered in Scotland, registration number SC473006. The registered office is Newton House, Insch Road, Avoch, IV9 8RD, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
straight line over 5-7 years
Motor vehicles
straight line over 4 years
Fixtures & fittings
straight line over 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Blackburn Fencing Ltd Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
20,000 
At 31 March 2023
20,000 
Amortisation
At 1 April 2022
- 
Charge for the year
20,000 
At 31 March 2023
20,000 
Net book value
At 31 March 2023
- 
At 31 March 2022
20,000 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
258,438 
Additions
187,838 
Disposals
(76,240)
At 31 March 2023
370,036 
Depreciation
At 1 April 2022
107,032 
Charge for the year
68,137 
On disposals
(50,067)
At 31 March 2023
125,102 
Net book value
At 31 March 2023
244,934 
At 31 March 2022
151,406 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
179,331 
13,337 
Other debtors
1,424 
18,940 
180,755 
32,277 
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Blackburn Fencing Ltd Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
17,726 
15,454 
Obligations under finance leases and hire purchase contracts
37,722 
19,054 
Trade creditors
46,556 
- 
Taxes and social security
20,126 
7,282 
Loans from directors
3,848 
49,276 
Accruals
19,057 
9,164 
155,035 
110,230 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,014 
32,014 
Obligations under finance leases and hire purchase contracts
29,816 
7,625 
51,830 
39,639 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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