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REGISTERED NUMBER: 03044873 (England)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ATKINS BLAND LIMITED

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance sheet 1

Notes to the financial statements 3


ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 18,100 15,637
Investments 6 2,396,623 2,097,543
2,414,723 2,113,180

Current assets
Debtors 7 885,589 616,871
Cash at bank and in hand 661,720 735,012
1,547,309 1,351,883
Creditors
Amounts falling due within one year 8 272,816 214,711
Net current assets 1,274,493 1,137,172
Total assets less current liabilities 3,689,216 3,250,352

Provisions for liabilities 10 77,374 22,668
Net assets 3,611,842 3,227,684

Capital and reserves
Called up share capital 11 50,002 50,002
Fair value reserve 12 218,546 59,091
Retained earnings 3,343,294 3,118,591
Shareholders' funds 3,611,842 3,227,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

BALANCE SHEET - continued
30 APRIL 2024


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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by:





Mr K N Bland - Director


ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. Statutory information

Atkins Bland Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03044873. The registered office and business address is 1 Consort House, Princes Road, Ferndown, Dorset, BH22 9JG.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts receivable in respect of services provided in the ordinary course of business, net of VAT where applicable. Turnover is recognised when the service has been provided to the customer.

Goodwill
Goodwill has been fully amortised being written off in equal annual instalments over its estimated economic life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Leasehold improvements have been fully depreciated.

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 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.

Fixed asset investments
Fixed asset investments, being investment portfolios held, are being carried at their revalued cost, with gains or impairments being recognised in the fair value reserve in the year in which they arise.

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 33 (2023 - 33 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 May 2023
and 30 April 2024 15,000
Amortisation
At 1 May 2023
and 30 April 2024 15,000
Net book value
At 30 April 2024 -
At 30 April 2023 -

5. Tangible fixed assets
Fixtures
Leasehold and Computer
improvements fittings equipment Totals
£    £    £    £   
Cost
At 1 May 2023 16,109 84,070 138,726 238,905
Additions - 1,595 5,393 6,988
At 30 April 2024 16,109 85,665 144,119 245,893
Depreciation
At 1 May 2023 16,109 71,839 135,320 223,268
Charge for year - 2,765 1,760 4,525
At 30 April 2024 16,109 74,604 137,080 227,793
Net book value
At 30 April 2024 - 11,061 7,039 18,100
At 30 April 2023 - 12,231 3,406 15,637

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. Fixed asset investments
Other
investments
£   
Cost or valuation
At 1 May 2023 2,097,543
Additions 115,039
Disposals (28,566 )
Revaluations 212,607
At 30 April 2024 2,396,623
Net book value
At 30 April 2024 2,396,623
At 30 April 2023 2,097,543

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2023 78,789
Valuation in 2024 212,607
Cost 2,105,227
2,396,623

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,105,227 2,018,755

Fixed asset investments were valued on an open market basis on 30 April 2024 by Integrated Financial Arrangements Limited .

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,038 540
Other debtors 820,000 550,000
Prepayments 64,551 66,331
885,589 616,871

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 55,912 33,054
Tax 131,927 110,146
Social security and other taxes 16,406 14,867
Pensions 7,193 1,295
VAT 471 618
Other creditors 56,553 50,502
Directors' current accounts 104 104
Accruals and deferred income 4,250 4,125
272,816 214,711

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 68,492 68,492
Between one and five years - 68,492
68,492 136,984

10. Provisions for liabilities
2024 2023
£    £   
Deferred tax 77,374 22,668

Deferred
tax
£   
Balance at 1 May 2023 22,668
Revaluation of assets 53,152
Accelerated capital allowances 1,554
Balance at 30 April 2024 77,374

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50,002 Ordinary £1 50,002 50,002

ATKINS BLAND LIMITED (REGISTERED NUMBER: 03044873)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


12. Reserves
Fair
value
reserve
£   
At 1 May 2023 59,091
Revaluation of investments 159,455

At 30 April 2024 218,546

13. Ultimate controlling party

The Company is under the control of the Director, Mr K Bland, by virtue of his 100% holding of the issued voting share capital of the Company.