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REGISTERED NUMBER: 10774830 (England and Wales)












B F BLEZARD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B F BLEZARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







Directors: Exors of B F Blezard Deceased
Mrs K J Blezard





Registered office: Hothersall Hall Farm
Ribchester
PRESTON
PR3 2XB





Registered number: 10774830 (England and Wales)





Accountants: Xeinadin
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 979,656 932,187
Investments 6 147,433 134,758
1,127,089 1,066,945

Current assets
Stocks 590,390 550,058
Debtors 7 259,762 282,489
Cash at bank 194,610 477,658
1,044,762 1,310,205
Creditors
Amounts falling due within one year 8 591,782 347,137
Net current assets 452,980 963,068
Total assets less current liabilities 1,580,069 2,030,013

Creditors
Amounts falling due after more than one
year

9

(35,563

)

(655,297

)

Provisions for liabilities (201,629 ) (181,658 )
Net assets 1,342,877 1,193,058

Capital and reserves
Called up share capital 100 100
Retained earnings 1,342,777 1,192,958
1,342,877 1,193,058

B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

BALANCE SHEET - continued
31 MAY 2024


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

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

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 12 January 2025 and were signed on its behalf by:




Exors of B F Blezard Deceased - Director



Mrs K J Blezard - Director


B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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


1. Statutory information

B F Blezard 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.

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

Intangible assets
Basic payment entitlements are being amortised over their useful economic life and are now fully amortised.

Arla Common Consolidation investment is being amortised over its useful economic life and is now fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tenant's improvements - 4% on cost
Plant and machinery - 15% Reducing balance and 10% Straight line
Motor vehicles - 25% Reducing balance
Computer equipment - 25% Straight line

Stocks
Stock is valued at the lower of cost and net realisable value.

The cost of home bred cattle is calculated at 60% of market value.

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 balance sheet date.


B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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


2. Accounting policies - continued
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.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Intangible fixed assets
Other
intangible
assets
£   
Cost
At 1 June 2023
and 31 May 2024 42,440
Amortisation
At 1 June 2023
and 31 May 2024 42,440
Net book value
At 31 May 2024 -
At 31 May 2023 -

B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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


5. Tangible fixed assets
Tenant's Plant and Motor Computer
improvements machinery vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 June 2023 188,873 1,146,182 31,500 9,817 1,376,372
Additions - 206,043 - - 206,043
Disposals - (3,500 ) - - (3,500 )
At 31 May 2024 188,873 1,348,725 31,500 9,817 1,578,915
Depreciation
At 1 June 2023 29,925 398,047 7,875 8,338 444,185
Charge for year 7,555 142,664 5,906 934 157,059
Eliminated on disposal - (1,985 ) - - (1,985 )
At 31 May 2024 37,480 538,726 13,781 9,272 599,259
Net book value
At 31 May 2024 151,393 809,999 17,719 545 979,656
At 31 May 2023 158,948 748,135 23,625 1,479 932,187

6. Fixed asset investments
Other
investments
£   
Cost
At 1 June 2023 134,758
Additions 12,675
At 31 May 2024 147,433
Net book value
At 31 May 2024 147,433
At 31 May 2023 134,758

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 68,741 62,526
Other debtors 191,021 219,963
259,762 282,489

B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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


8. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 297,624 37,500
Hire purchase contracts 15,167 20,000
Trade creditors 205,127 177,975
Taxation and social security 64,374 86,910
Other creditors 9,490 24,752
591,782 347,137

9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 641,308
Hire purchase contracts 25,278 -
Other creditors 10,285 13,989
35,563 655,297

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 450,908

10. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 297,624 678,808

Bank borrowings are secured by fixed and floating charges over the company's assets.

11. Other financial commitments

The total amount of annual rent commitment not included in the balance sheet is £4,000 (2023 - £4,000).

B F BLEZARD LIMITED (REGISTERED NUMBER: 10774830)

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


12. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Exors of B F Blezard Deceased and Mrs K J Blezard
Balance outstanding at start of year 137,768 160,932
Amounts advanced 114,697 88,782
Amounts repaid (136,637 ) (111,946 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 115,828 137,768

Interest has been charged at the Official Rate of Interest of 2.25% per annum on advances to directors.