Blacknoll Holdings Limited 14671994 false 2023-02-17 2024-03-31 2024-03-31 The principal activity of the company is construction holding company. Digita Accounts Production Advanced 6.30.9574.0 true false true true 14671994 2023-02-17 2024-03-31 14671994 2024-03-31 14671994 bus:OrdinaryShareClass1 2024-03-31 14671994 core:RetainedEarningsAccumulatedLosses 2024-03-31 14671994 core:ShareCapital 2024-03-31 14671994 core:CurrentFinancialInstruments 2024-03-31 14671994 core:Non-currentFinancialInstruments 2024-03-31 14671994 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 14671994 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 14671994 bus:SmallEntities 2023-02-17 2024-03-31 14671994 bus:AuditExemptWithAccountantsReport 2023-02-17 2024-03-31 14671994 bus:FilletedAccounts 2023-02-17 2024-03-31 14671994 bus:SmallCompaniesRegimeForAccounts 2023-02-17 2024-03-31 14671994 bus:RegisteredOffice 2023-02-17 2024-03-31 14671994 bus:Director1 2023-02-17 2024-03-31 14671994 bus:Director2 2023-02-17 2024-03-31 14671994 bus:OrdinaryShareClass1 2023-02-17 2024-03-31 14671994 bus:PrivateLimitedCompanyLtd 2023-02-17 2024-03-31 14671994 core:Subsidiary1 2023-02-17 2024-03-31 14671994 core:Subsidiary1 1 2023-02-17 2024-03-31 14671994 core:Subsidiary1 countries:England 2023-02-17 2024-03-31 14671994 countries:AllCountries 2023-02-17 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14671994

Blacknoll Holdings Limited

Unaudited Filleted Abridged Financial Statements

for the Period from 17 February 2023 to 31 March 2024

 

Blacknoll Holdings Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Blacknoll Holdings Limited

Company Information

Directors

Mr AJB Durden

Mr L C Jones

Registered office

Tit Willow, Blacknoll Lane
East Knighton
Dorchester
Dorset
DT2 8LN

Accountants

Scott Vevers Ltd
Chartered Accountants
and Registered Auditors
65 East Street
Bridport
Dorset
DT6 3LB

 

Blacknoll Holdings Limited

(Registration number: 14671994)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Investments

4

1,232,135

Current assets

 

Debtors

100

Total assets less current liabilities

 

1,232,235

Creditors: Amounts falling due after more than one year

(426,000)

Net assets

 

806,235

Capital and reserves

 

Called up share capital

5

100

Retained earnings

806,135

Shareholders' funds

 

806,235

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2024 and signed on its behalf by:
 

.........................................

Mr AJB Durden

Director

 

Blacknoll Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 17 February 2023 to 31 March 2024

1

General information

The company is limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts..

Going concern

The financial statements have been prepared on a going concern basis as the directors believe that no material uncertainties exist. The directors have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the company to be able to continue as a going concern.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Blacknoll Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 17 February 2023 to 31 March 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Investments

Total
£

Cost or valuation

Additions

1,232,135

Provision

Carrying amount

At 31 March 2024

1,232,135

 

Blacknoll Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 17 February 2023 to 31 March 2024

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

Subsidiary undertakings

Blacknoll Ltd

Tit Willow, Blacknoll Lane, East Knighton Dorchester, Dorset, DT2 8LN

England

Ordinary

100%

Subsidiary undertakings

Blacknoll Ltd

The principal activity of Blacknoll Ltd is public house refurbishing contracting and local government construction contracts..

5

Share capital

Allotted, called up and not fully paid shares

2024

No.

£

Ordinary of £1 each

100

100