IRIS Accounts Production v24.1.0.578 13640694 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136406942022-09-30136406942023-09-30136406942022-10-012023-09-30136406942021-09-23136406942021-09-242022-09-30136406942022-09-3013640694ns15:EnglandWales2022-10-012023-09-3013640694ns14:PoundSterling2022-10-012023-09-3013640694ns10:Director12022-10-012023-09-3013640694ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3013640694ns10:SmallEntities2022-10-012023-09-3013640694ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3013640694ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3013640694ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3013640694ns10:FullAccounts2022-10-012023-09-3013640694ns10:OrdinaryShareClass12022-10-012023-09-3013640694ns10:Director22022-10-012023-09-3013640694ns10:RegisteredOffice2022-10-012023-09-3013640694ns5:CurrentFinancialInstruments2023-09-3013640694ns5:CurrentFinancialInstruments2022-09-3013640694ns5:Non-currentFinancialInstruments2023-09-3013640694ns5:Non-currentFinancialInstruments2022-09-3013640694ns5:ShareCapital2023-09-3013640694ns5:ShareCapital2022-09-3013640694ns5:RetainedEarningsAccumulatedLosses2023-09-3013640694ns5:RetainedEarningsAccumulatedLosses2022-09-3013640694ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3013640694ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3013640694ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 13640694 (England and Wales)















BL LANE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






BL LANE LIMITED (REGISTERED NUMBER: 13640694)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


BL LANE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: M B Shouler
P R Chatterton





REGISTERED OFFICE: 14 London Road
Newark
Nottinghamshire
NG24 1TW





REGISTERED NUMBER: 13640694 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

BL LANE LIMITED (REGISTERED NUMBER: 13640694)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 11,524 28,543
Cash at bank 7,440 153
18,964 28,696
CREDITORS
Amounts falling due within one year 5 19,630 20,500
NET CURRENT (LIABILITIES)/ASSETS (666 ) 8,196
TOTAL ASSETS LESS CURRENT LIABILITIES (666 ) 8,196

CREDITORS
Amounts falling due after more than one year 6 95,751 107,432
NET LIABILITIES (96,417 ) (99,236 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (96,517 ) (99,336 )
SHAREHOLDERS' FUNDS (96,417 ) (99,236 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:





P R Chatterton - Director


BL LANE LIMITED (REGISTERED NUMBER: 13640694)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

BL Lane 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.

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.

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

Financial instruments
The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

BL LANE LIMITED (REGISTERED NUMBER: 13640694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,424 11,424
Other debtors 100 17,119
11,524 28,543

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,300 -
Other creditors 18,330 20,500
19,630 20,500

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 95,751 107,432

Amounts falling due in more than five years:

Repayable by instalments
Debentures due after 5 years 53,590 72,283

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

The company leases a lane from its parent company for a peppercorn rent per year.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Merrivale Farms Limited.

Merrivale Farm
Plungar
Nottingham
NG13 0JE