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REGISTERED NUMBER: 08618367 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

BLAYDON UK LIMITED

BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLAYDON UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Philip Theobold Lewis
David Rowland Lewis





SECRETARY: Christopher Mark Marchant





REGISTERED OFFICE: Units A & B
Patterson Street
Blaydon on Tyne
Northumberland
NE21 5SD





REGISTERED NUMBER: 08618367 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)

BALANCE SHEET
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,694 58,758

CURRENT ASSETS
Stocks 629,868 609,407
Debtors 5 1,041,161 951,202
Cash at bank and in hand 3,480 94,242
1,674,509 1,654,851
CREDITORS
Amounts falling due within one year 6 1,090,476 1,064,194
NET CURRENT ASSETS 584,033 590,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,727

649,415

PROVISIONS FOR LIABILITIES 15,142 11,164
NET ASSETS 648,585 638,251

CAPITAL AND RESERVES
Called up share capital 8 8
Other reserves 38,056 38,056
Retained earnings 610,521 600,187
SHAREHOLDERS' FUNDS 648,585 638,251

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)

BALANCE SHEET - continued
30 APRIL 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 27 November 2024 and were signed on its behalf by:





David Rowland Lewis - Director


BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Blaydon UK 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
Turnover represents net invoiced goods, excluding value added tax.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements- Straight line over the term of the lease
Fixtures and fittings- 20% straight line
Computer equipment- 33% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 78 (2023 - 80 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 26,314 122,751 44,418 193,483
Additions 546 21,702 32,758 55,006
Disposals (2,525 ) (4,757 ) - (7,282 )
At 30 April 2024 24,335 139,696 77,176 241,207
DEPRECIATION
At 1 May 2023 17,036 93,362 24,327 134,725
Charge for year 1,991 10,548 16,012 28,551
Eliminated on disposal (800 ) (963 ) - (1,763 )
At 30 April 2024 18,227 102,947 40,339 161,513
NET BOOK VALUE
At 30 April 2024 6,108 36,749 36,837 79,694
At 30 April 2023 9,278 29,389 20,091 58,758

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Amounts owed by group undertakings 896,730 848,177
Other debtors 144,431 103,025
1,041,161 951,202

BLAYDON UK LIMITED (REGISTERED NUMBER: 08618367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 2,668 -
Trade creditors 398,789 428,634
Amounts owed to group undertakings 312,936 297,936
Taxation and social security 169,308 182,814
Other creditors 206,775 154,810
1,090,476 1,064,194

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/4/24 30/4/23
£    £   
Within one year 219,495 156,065
Between one and five years 332,617 671,792
552,112 827,857

8. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Blaydon Holdings Limited. During the year a dividend of £15,000 was paid to Blaydon Holdings Limited (2023: £47,000). Included within other creditors is an amount due to Blaydon Holdings Limited of £312,936 (2023: £297,936).

Flame and Fragrance Limited is also a wholly owned subsidiary of Blaydon Holdings Limited. During the year various monies have been loaned between both companies and included within other debtors as at 30th April 2024 is an amount due to Blaydon UK Limited of £850,637 (2023: £802,0824).Included in accruals is an amount for recharged owing to Flame and Fragrance Limited of £50,000 (2023: £50,000)

Eighteen Ten Limited is also a wholly owned subsidiary of Blaydon Holdings Limited. During the year various monies have been loaned between both companies and included within other debtors as at 30th April 2023 is an amount due to Blaydon UK Limited of £46,093 (2023: £46,093).

9. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Blaydon Holdings Limited, which is ultimately controlled by the Directors, David and Philip Lewis.