Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-011falseThe principal activity of the company is that of real estate lettings1truetrue 12101101 2023-01-01 2023-12-31 12101101 2022-01-01 2022-12-31 12101101 2023-12-31 12101101 2022-12-31 12101101 c:Director1 2023-01-01 2023-12-31 12101101 c:RegisteredOffice 2023-01-01 2023-12-31 12101101 d:CurrentFinancialInstruments 2023-12-31 12101101 d:CurrentFinancialInstruments 2022-12-31 12101101 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12101101 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12101101 d:ShareCapital 2023-12-31 12101101 d:ShareCapital 2022-12-31 12101101 d:RetainedEarningsAccumulatedLosses 2023-12-31 12101101 d:RetainedEarningsAccumulatedLosses 2022-12-31 12101101 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 12101101 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 12101101 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12101101 c:OrdinaryShareClass1 2023-12-31 12101101 c:OrdinaryShareClass1 2022-12-31 12101101 c:FRS102 2023-01-01 2023-12-31 12101101 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12101101 c:FullAccounts 2023-01-01 2023-12-31 12101101 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12101101 2 2023-01-01 2023-12-31 12101101 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12101101









BLV INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BLV INVESTMENTS LIMITED
 
 
COMPANY INFORMATION


Director
S Kurgan 




Registered number
12101101



Registered office
Eighth Floor
6 New Street Square

New Fetter Lane

London

EC4A 3AQ




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
BLV INVESTMENTS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
BLV INVESTMENTS LIMITED
REGISTERED NUMBER: 12101101

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
219,907
142,278

Debtors: amounts falling due within one year
 5 
100
100

Cash at bank and in hand
 6 
18,574
28,815

  
238,581
171,193

Creditors: amounts falling due within one year
 7 
(114,988)
(37,163)

Net current assets
  
 
 
123,593
 
 
134,030

Total assets less current liabilities
  
123,593
134,030

  

Net assets
  
123,593
134,030


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
123,493
133,930

  
123,593
134,030


Page 1

 
BLV INVESTMENTS LIMITED
REGISTERED NUMBER: 12101101
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 profit and loss account 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: 




S Kurgan
Director

Date: 5 August 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BLV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

BLV Investments Limited is a private company, limited by shares, incorporated in England and Wales with registration number 12101101. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ.

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

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.
Having considered the contingency plans in place and having reviewed updated cashflow forecasts, the director considers the adoption of the going concern basis in preparing these financial statements is appropriate.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

Interest income

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

Page 3

 
BLV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

  
2.6

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value, and comprises
properties under development. Cost includes cost of acquisition and development, including directly
attributable fees and expenses.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 4

 
BLV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees

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


4.


Stocks

2023
2022
£
£

Work in progress
219,907
142,278



5.


Debtors

2023
2022
£
£


Other debtors
100
100



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
18,574
28,815



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
106,724
28,636

Accruals and deferred income
8,264
8,527

114,988
37,163


Page 5

 
BLV INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
18,574
28,815




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Share capital

2023
2022
£
£
Allotted, called up and unpaid



100 (2022 - 100) Ordinary shares of £1 each
100
100



10.


Related party transactions

At the balance sheet date, the company owed £106,724 (2022 - £28,636) to The Bonniers Trust. This amount is interest free and repayable on demand.

 
Page 6