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REGISTERED NUMBER: 01285825 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

D F BLACKBURNE PROPERTIES LIMITED

D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D F BLACKBURNE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B Blackburne
G R Blackburne
M S Blackburne
A D Blackburne



SECRETARY: B Blackburne



REGISTERED OFFICE: 44 Jemmett Close
Kingston
Surrey
KT2 7AJ



REGISTERED NUMBER: 01285825 (England and Wales)



BANKERS: Barclays Bank plc
PO Box 32014
London
NW1 2ZQ

D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 600,047 520,062

CURRENT ASSETS
Debtors 5 6,480 3,011
Investments 6 1,486,964 1,492,963
Cash at bank 638,331 737,301
2,131,775 2,233,275
CREDITORS
Amounts falling due within one year 7 5,148 4,254
NET CURRENT ASSETS 2,126,627 2,229,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,726,674

2,749,083

PROVISIONS FOR LIABILITIES 86,293 50,382
NET ASSETS 2,640,381 2,698,701

CAPITAL AND RESERVES
Called up share capital 7,000 7,000
Revaluation reserve 8 362,384 318,295
Retained earnings 2,270,997 2,373,406
SHAREHOLDERS' FUNDS 2,640,381 2,698,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





G R Blackburne - Director


D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)

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

1. STATUTORY INFORMATION

D F Blackburne Properties 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 25% on reducing balance

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
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.

Revaluation of tangible fixed assets
Individual freehold properties are carried at current year value at the balance sheet date. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. A full valuation is obtained from a qualified valuer in any year where it is likely that there has been a material change in value.

Revaluation gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 520,000 1,500 521,500
Revaluations 80,000 - 80,000
At 31 March 2024 600,000 1,500 601,500
DEPRECIATION
At 1 April 2023 - 1,438 1,438
Charge for year - 15 15
At 31 March 2024 - 1,453 1,453
NET BOOK VALUE
At 31 March 2024 600,000 47 600,047
At 31 March 2023 520,000 62 520,062

Cost or valuation at 31 March 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2004 98,677 - 98,677
Valuation in 2008 80,000 - 80,000
Valuation in 2011 20,000 - 20,000
Valuation in 2014 70,000 - 70,000
Valuation in 2016 100,000 - 100,000
Valuation in 2024 80,000 - 80,000
Cost 151,323 1,500 152,823
600,000 1,500 601,500

If the freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 151,323 151,323

Freehold property was valued on an open market basis on 23 September 2024 by John D Wood & Co. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,480 3,011

D F BLACKBURNE PROPERTIES LIMITED (REGISTERED NUMBER: 01285825)

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

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 1,486,964 1,492,963

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,289 2,132
Other creditors 3,859 2,122
5,148 4,254

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023 318,295
Revaluation of properties 80,000
Deferred tax on revaluation (35,911 )

At 31 March 2024 362,384