IRIS Accounts Production v24.1.0.578 02748289 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh027482892022-12-31027482892023-12-31027482892023-01-012023-12-31027482892021-12-31027482892022-01-012022-12-31027482892022-12-3102748289ns15:EnglandWales2023-01-012023-12-3102748289ns14:PoundSterling2023-01-012023-12-3102748289ns10:Director12023-01-012023-12-3102748289ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102748289ns10:SmallEntities2023-01-012023-12-3102748289ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102748289ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102748289ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102748289ns10:FullAccounts2023-01-012023-12-310274828912023-01-012023-12-3102748289ns10:Director22023-01-012023-12-3102748289ns10:CompanySecretary12023-01-012023-12-3102748289ns10:RegisteredOffice2023-01-012023-12-3102748289ns5:CurrentFinancialInstruments2023-12-3102748289ns5:CurrentFinancialInstruments2022-12-3102748289ns5:ShareCapital2023-12-3102748289ns5:ShareCapital2022-12-3102748289ns5:RetainedEarningsAccumulatedLosses2023-12-3102748289ns5:RetainedEarningsAccumulatedLosses2022-12-3102748289ns5:NetGoodwill2023-01-012023-12-3102748289ns5:NetGoodwill2022-12-3102748289ns5:NetGoodwill2023-12-3102748289ns5:NetGoodwill2022-12-3102748289ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102748289ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3102748289ns10:Director222022-12-3102748289ns10:Director222021-12-3102748289ns10:Director222023-01-012023-12-3102748289ns10:Director222022-01-012022-12-3102748289ns10:Director222023-12-3102748289ns10:Director222022-12-31027482891ns10:Director12022-12-31027482891ns10:Director12021-12-31027482891ns10:Director12023-01-012023-12-31027482891ns10:Director12022-01-012022-12-31027482891ns10:Director12023-12-31027482891ns10:Director12022-12-31
REGISTERED NUMBER: 02748289 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

BLB Developments Limited

BLB Developments Limited (Registered number: 02748289)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLB Developments Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M A Harper
R A Riall





SECRETARY: R A Riall





REGISTERED OFFICE: High Pointe
Muddy Lane
Linton
Wetherby
LS22 4HW





REGISTERED NUMBER: 02748289 (England and Wales)





ACCOUNTANTS: Haines Watts
Sterling House
22 St Cuthberts Way
Darlington
Co. Durham
DL1 1GB

BLB Developments Limited (Registered number: 02748289)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 1,250
- 1,250

CURRENT ASSETS
Debtors 6 8,724 12,357
Cash at bank 2,613 5,558
11,337 17,915
CREDITORS
Amounts falling due within one year 7 10,697 5,410
NET CURRENT ASSETS 640 12,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

640

13,755

CAPITAL AND RESERVES
Called up share capital 4 4
Profit and loss account 636 13,751
640 13,755

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by:





R A Riall - Director


BLB Developments Limited (Registered number: 02748289)

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

1. STATUTORY INFORMATION

BLB 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

Revenue from contracts for the provision of professional services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

BLB Developments Limited (Registered number: 02748289)

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

3. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 150,000
AMORTISATION
At 1 January 2023 148,750
Charge for year 1,250
At 31 December 2023 150,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 1,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,356 5,504
Other debtors 6,368 6,853
8,724 12,357

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 300 590
Taxation and social security 8,897 4,820
Other creditors 1,500 -
10,697 5,410

BLB Developments Limited (Registered number: 02748289)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
M A Harper
Balance outstanding at start of year 2,897 5,048
Amounts advanced 26,217 3,949
Amounts repaid (25,930 ) (6,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,184 2,897

R A Riall
Balance outstanding at start of year 2,897 5,048
Amounts advanced 26,217 3,949
Amounts repaid (25,930 ) (6,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,184 2,897

The directors' loans are interest free and repayable on demand.