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REGISTERED NUMBER: 08462840 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

A G BLAZEY LTD

A G BLAZEY LTD (REGISTERED NUMBER: 08462840)






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


A G BLAZEY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: A G Blazey
J L Blazey





SECRETARY: A G Blazey





REGISTERED OFFICE: 3 Mason Gardens
West Row
Bury St Edmunds
Suffolk
IP28 8PH





REGISTERED NUMBER: 08462840 (England and Wales)





ACCOUNTANTS: Richard Sexton & Co LLP
3 Manor Road
Colchester
Essex
CO3 3LU

A G BLAZEY LTD (REGISTERED NUMBER: 08462840)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,026 22,618

CURRENT ASSETS
Debtors 5 22,473 19,024
Cash at bank 31,084 61,227
53,557 80,251
CREDITORS
Amounts falling due within one year 6 50,433 39,860
NET CURRENT ASSETS 3,124 40,391
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,150

63,009

PROVISIONS FOR LIABILITIES 3,430 4,300
NET ASSETS 17,720 58,709

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,620 58,609
SHAREHOLDERS' FUNDS 17,720 58,709

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.

A G BLAZEY LTD (REGISTERED NUMBER: 08462840)

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 2 November 2023 and were signed on its behalf by:





A G Blazey - Director


A G BLAZEY LTD (REGISTERED NUMBER: 08462840)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

A G Blazey Ltd 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.

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 these accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 20% on reducing balance

Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to the profit and loss.

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.

Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme. Contributions payable to the pension scheme are charged to profit or loss in the period to which they relate.

A G BLAZEY LTD (REGISTERED NUMBER: 08462840)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Work in progress
Work in progress is valued at the selling price based upon the work carried out at the balance sheet date, and is included in debtors at this valuation.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer Motor
Equipment vehicles Equipment Totals
£    £    £    £   
COST
At 1 April 2022 3,612 26,048 4,232 33,892
Additions - 315 916 1,231
At 31 March 2023 3,612 26,363 5,148 35,123
DEPRECIATION
At 1 April 2022 2,409 6,512 2,353 11,274
Charge for year 301 4,963 559 5,823
At 31 March 2023 2,710 11,475 2,912 17,097
NET BOOK VALUE
At 31 March 2023 902 14,888 2,236 18,026
At 31 March 2022 1,203 19,536 1,879 22,618

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,912 17,398
Work in progress 574 150
Prepayments and accrued income 2,987 1,476
22,473 19,024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 4,674 3,139
Accruals 2,355 1,879
Corporation tax 11,530 7,350
Social security and other taxes 6,561 5,982
Director's loan account 25,313 21,510
50,433 39,860

A G BLAZEY LTD (REGISTERED NUMBER: 08462840)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 3,228 -
Between one and five years 3,766 -
6,994 -

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £86,666 (2022 - £50,000) were paid to the directors .

9. ULTIMATE CONTROLLING PARTY

The company is under the control of A G Blazey who owns 60% of the issued share capital.