Silverfin false false 31/03/2024 01/04/2023 31/03/2024 C J Blackburn 25/05/2022 J Bryant 25/05/2022 R J Hitch 25/05/2022 03 December 2024 The Company during the financial year was dormant. 14131060 2024-03-31 14131060 bus:Director1 2024-03-31 14131060 bus:Director2 2024-03-31 14131060 bus:Director3 2024-03-31 14131060 2023-03-31 14131060 core:ShareCapital 2024-03-31 14131060 core:ShareCapital 2023-03-31 14131060 core:CostValuation 2023-03-31 14131060 core:CostValuation 2024-03-31 14131060 bus:OrdinaryShareClass1 2024-03-31 14131060 2023-04-01 2024-03-31 14131060 bus:FilletedAccounts 2023-04-01 2024-03-31 14131060 bus:SmallEntities 2023-04-01 2024-03-31 14131060 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14131060 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14131060 bus:Director1 2023-04-01 2024-03-31 14131060 bus:Director2 2023-04-01 2024-03-31 14131060 bus:Director3 2023-04-01 2024-03-31 14131060 2022-05-25 2023-03-31 14131060 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 14131060 bus:OrdinaryShareClass1 2022-05-25 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14131060 (England and Wales)

BLACKBURN & CO. HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

BLACKBURN & CO. HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

BLACKBURN & CO. HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2024
BLACKBURN & CO. HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024 31.03.2023
£ £
Fixed assets
Investments 4 200 200
200 200
Net current assets 0 0
Total assets less current liabilities 200 200
Net assets 200 200
Capital and reserves
Called-up share capital 5 200 200
Total shareholder's funds 200 200

For the financial year 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 financial statements of Blackburn & Co. Holdings Limited (registered number: 14131060) were approved and authorised for issue by the Board of Directors on 03 December 2024. They were signed on its behalf by:

C J Blackburn
Director
BLACKBURN & CO. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
BLACKBURN & CO. HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Blackburn & Co. Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 52-54 The Green, Banbury, OX16 9AB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

Year ended
31.03.2024
Period from
25.05.2022 to
31.03.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

4. Fixed asset investments

Investments in subsidiaries

31.03.2024
£
Cost
At 01 April 2023 200
At 31 March 2024 200
Carrying value at 31 March 2024 200
Carrying value at 31 March 2023 200

5. Called-up share capital

31.03.2024 31.03.2023
£ £
Allotted, called-up and fully-paid
20,000 Ordinary shares of £ 0.01 each 200 200

6. Ultimate controlling party

On 15 November 2023, the shareholders of Blackburn & Co. Holdings Limited ("Holdings"), sold their shares to an Employee Ownership Trust ("EOT"). B&CO Trustees Limited, a company limited by guarantee, was incorporated to undertake the acquisition of Holdings by the EOT. The consideration for the acquisition, comprised of a sum due at completion and a remaining balance payable by instalments. Blackburn & Co. Project Services Limited, will settle the payments due to the EOT through contributions to the EOT.