Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31truefalse0trueInternediate holding company owning 100% of Blaze Manufaturing Services Limited.Balmoral Group Holdings Limited2023-04-010truefalse SC648936 2023-04-01 2024-03-31 SC648936 2022-04-01 2023-03-31 SC648936 2024-03-31 SC648936 2023-03-31 SC648936 c:Director3 2023-04-01 2024-03-31 SC648936 c:Director4 2023-04-01 2024-03-31 SC648936 d:CurrentFinancialInstruments 2024-03-31 SC648936 d:CurrentFinancialInstruments 2023-03-31 SC648936 d:Non-currentFinancialInstruments 2024-03-31 SC648936 d:Non-currentFinancialInstruments 2023-03-31 SC648936 d:ShareCapital 2024-03-31 SC648936 d:ShareCapital 2023-03-31 SC648936 d:SharePremium 2024-03-31 SC648936 d:SharePremium 2023-03-31 SC648936 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC648936 c:OrdinaryShareClass1 2024-03-31 SC648936 c:OrdinaryShareClass1 2023-03-31 SC648936 c:OrdinaryShareClass2 2023-04-01 2024-03-31 SC648936 c:OrdinaryShareClass2 2024-03-31 SC648936 c:OrdinaryShareClass2 2023-03-31 SC648936 c:OrdinaryShareClass3 2023-04-01 2024-03-31 SC648936 c:OrdinaryShareClass3 2024-03-31 SC648936 c:OrdinaryShareClass3 2023-03-31 SC648936 c:FRS102 2023-04-01 2024-03-31 SC648936 c:Audited 2023-04-01 2024-03-31 SC648936 c:FullAccounts 2023-04-01 2024-03-31 SC648936 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC648936 d:Subsidiary1 2023-04-01 2024-03-31 SC648936 d:Subsidiary1 1 2023-04-01 2024-03-31 SC648936 c:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC648936 6 2023-04-01 2024-03-31 SC648936 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC648936














BLAZE HOLDCO LIMITED





INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024

 
BLAZE HOLDCO LIMITED
 

CONTENTS



Page
Directors' responsibilities statement
1
Balance sheet
2
Notes to the financial statements
3 - 5


 
BLAZE HOLDCO LIMITED
 

DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:

select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;


prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements and other information included in Directors' reports may differ from legislation in other jurisdictions.

Page 1

 
BLAZE HOLDCO LIMITED
REGISTERED NUMBER:SC648936

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
2,175,100
1,000,100

Current assets
  

Debtors: amounts falling due within one year
 5 
138
138

Total assets less current liabilities
  
 
 
2,175,238
 
 
1,000,238

Creditors: amounts falling due after more than one year
 6 
(1,675,000)
(500,000)

Net assets
  
500,238
500,238


Capital and reserves
  

Called up share capital 
 7 
476
476

Share premium account
  
499,762
499,762

  
500,238
500,238


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: 




WE Main
H Johnson
Director
Director


Date: 29 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BLAZE HOLDCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Blaze Holdco Limited (the 'Company') is a Company limited by shares and incorporated and domiciled in the UK. The registered number is SC648936 and the registered address is Blaze House, Laurencekirk Business Park, Laurencekirk, Aberdeenshire, Scotland, AB30 1EY.
The principal activity of the Company is that of an intermediate holding company.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

 
2.3

Going concern

The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons:  

As an intermediary holding company, the Company does not trade. Included within creditors is amounts due to group undertakings of £1,675,000. The ultimate parent company, Balmoral Group Holdings Limited, has confirmed that it will continue to provide financial support to the Company and this balance will not be called for repayment until there is suitable levels of working capital available. Accordingly the directors believe it is appropriate to continue to prepare the accounts on a going concern basis.                                                              

 
2.4

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash
Page 3

 
BLAZE HOLDCO LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
1,000,100


Additions
1,175,000



At 31 March 2024
2,175,100





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Blaze Manufacturing Solutions Limited
Blaze House, Laurencekirk Business Park, Aberdeen Road, Laurencekirk, Aberdeenshire, AB30 1EY
A Ordinary
100%


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
138
138


Page 4

 
BLAZE HOLDCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
1,675,000
500,000


Amounts owed to group undertakings are not under a formal lending arrangement and are therefore effectively repayable on demand, however the parent entity has signaled it's intention to continue to provide financial support for the Company which includes not calling for repayment of the amounts owed (note 2.3). Accordingly, the directors consider it appropriate to classify the balance as being due in greater than one year.


7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,200 (2023 - 10,200) A Ordinary share shares of £0.01 each
102
102
23,800 (2023 - 23,800) B Ordinary share shares of £0.01 each
238
238
13,600 (2023 - 13,600) C Ordinary share shares of £0.01 each
136
136

476

476



8.


Ultimate parent company

The Company's ultimate parent company is Balmoral Group Holdings Limited, a company registered in Scotland. The registered office of Balmoral Group Holdings Limited is Balmoral Park, Loirston, Aberdeen, AB12 3GY.

The smallest and largest group in which the results of the Company are consolidated is that headed by Balmoral Group Holdings Limited. The consolidated accounts of this group are available to the public and may be obtained from the Registrar of Companies, Queen Elizabeth House, 1 Sibbald Walk, Edinburgh
EH8 8FT. 


9.


Auditor's information

The auditor's report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 29 August 2024 by Graeme Penman (Senior statutory auditor) on behalf of Anderson Anderson & Brown Audit LLP.

Page 5