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REGISTERED NUMBER: 04564039 (England and Wales)









Financial Statements

for the Year Ended 31 December 2023

for

Bladon Sears Limited

Bladon Sears Limited (Registered number: 04564039)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Bladon Sears Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs H Bladon-Reid
Mr N A Sears-Adams





SECRETARY: Mrs H Bladon-Reid





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 04564039 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Bladon Sears Limited (Registered number: 04564039)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 2,771 4,240
2,771 4,240

CURRENT ASSETS
Debtors 6 143,730 183,436
Cash at bank 115,966 138,538
259,696 321,974
CREDITORS
Amounts falling due within one year 7 34,654 39,440
NET CURRENT ASSETS 225,042 282,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,813

286,774

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 227,713 286,674
SHAREHOLDERS' FUNDS 227,813 286,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Mr N A Sears-Adams - Director


Bladon Sears Limited (Registered number: 04564039)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Bladon Sears 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Goodwill
Goodwill acquired in 2003 was amortised evenly over its estimated useful life of three 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.
Short leasehold - straight line over the life of the lease
Fixtures and fittings - 25% Straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Bladon Sears Limited (Registered number: 04564039)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 15,000
AMORTISATION
At 1 January 2023
and 31 December 2023 15,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 1,916 35,728 37,644
DEPRECIATION
At 1 January 2023 1,916 31,488 33,404
Charge for year - 1,469 1,469
At 31 December 2023 1,916 32,957 34,873
NET BOOK VALUE
At 31 December 2023 - 2,771 2,771
At 31 December 2022 - 4,240 4,240

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 697 2,178
Other debtors 143,033 156,258
Directors' loan accounts - 25,000
143,730 183,436

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,500 1,033
Tax 5,348 20,360
Social security & other taxes 2,832 1,515
Value added tax 5,428 6,057
Other creditors 3,599 1,885
Directors' current accounts 5,379 1,568
Accruals & deferred income 10,568 7,022
34,654 39,440

Bladon Sears Limited (Registered number: 04564039)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mr N A Sears-Adams
Balance outstanding at start of year 25,000 -
Amounts advanced - 25,000
Amounts repaid (25,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 25,000

9. RELATED PARTY DISCLOSURES

Debtors include £142,123 (2022 £156,123) due from Bladon Sears (Properties) Limited, a company in which H Bladon-Reid and N Sears are both directors and controlling shareholders.