Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activitytruetrue2022-08-01false11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07453096 2022-08-01 2023-07-31 07453096 2021-08-01 2022-07-31 07453096 2023-07-31 07453096 2022-07-31 07453096 c:Director1 2022-08-01 2023-07-31 07453096 d:CurrentFinancialInstruments 2023-07-31 07453096 d:CurrentFinancialInstruments 2022-07-31 07453096 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 07453096 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 07453096 d:ShareCapital 2023-07-31 07453096 d:ShareCapital 2022-07-31 07453096 d:RetainedEarningsAccumulatedLosses 2023-07-31 07453096 d:RetainedEarningsAccumulatedLosses 2022-07-31 07453096 c:OrdinaryShareClass1 2022-08-01 2023-07-31 07453096 c:OrdinaryShareClass1 2023-07-31 07453096 c:OrdinaryShareClass1 2022-07-31 07453096 c:FRS102 2022-08-01 2023-07-31 07453096 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07453096 c:FullAccounts 2022-08-01 2023-07-31 07453096 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07453096 2 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07453096









BLENHEIM BARNES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
BLENHEIM BARNES LIMITED
REGISTERED NUMBER: 07453096

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
27,776
596,596

Cash at bank and in hand
  
587,959
18,507

  
615,735
615,103

Creditors: amounts falling due within one year
 5 
(6,390)
(8,575)

Net current assets
  
 
 
609,345
 
 
606,528

Total assets less current liabilities
  
609,345
606,528

  

Net assets
  
609,345
606,528


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
609,344
606,527

Total equity
  
609,345
606,528


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

................................................
A D Chambers
Director

Date: 17 January 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BLENHEIM BARNES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Blenheim Barnes Limited is a private company limited by shares and registered in England & Wales. Its registered office address is 6a High Street, Chelmsford, England CM1 1BE.
The financial statements are presented in Sterling (£), rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 2

 
BLENHEIM BARNES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

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 debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

  
2.9

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
27,776
596,596


Page 3

 
BLENHEIM BARNES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Creditors: amounts falling due within one year

2023
2022
£
£

Corporation tax
661
2,846

Other taxation and social security
4,729
4,729

Accruals and deferred income
1,000
1,000

6,390
8,575



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



7.


Controlling party

The company is a 100% subsidiary of BCSL Investments (Jersey) Limited, which is in turn controlled by The Blenheim Employee Retention Trust, PO Box, JTC House, 28 Esplanade, Jersey, Channel Islands, JE4 2QP by virtue of its majority shareholding. No consolidated financial statements are prepared.

 
Page 4