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REGISTERED NUMBER: 11994588 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

BLENDWORTH DEVELOPMENTS LIMITED

BLENDWORTH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11994588)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLENDWORTH DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr N A Bird
Mr R Welch





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 11994588 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

BLENDWORTH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11994588)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,990 91,980

CURRENT ASSETS
Stocks 110,000 110,000
Debtors 5 478,326 380,384
Cash at bank 1,300 7,398
589,626 497,782
CREDITORS
Amounts falling due within one year 6 647,350 510,124
NET CURRENT LIABILITIES (57,724 ) (12,342 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,266

79,638

PROVISIONS FOR LIABILITIES 7 - 10,775
NET ASSETS 5,266 68,863

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 5,166 68,763
SHAREHOLDERS' FUNDS 5,266 68,863

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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:



Mr N A Bird - Director


BLENDWORTH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11994588)

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

1. STATUTORY INFORMATION

Blendworth Developments 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.

The company has net current liabilities at the balance sheet date. This is due to amounts owed to companies under common control which have agreed not to see repayment until the company has sufficient funds to do so. On this basis the directors have prepared these financial statements on the going concern basis.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

BLENDWORTH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11994588)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 128,963
DEPRECIATION
At 1 June 2023 36,983
Charge for year 28,990
At 31 May 2024 65,973
NET BOOK VALUE
At 31 May 2024 62,990
At 31 May 2023 91,980

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 67,480
DEPRECIATION
At 1 June 2023
and 31 May 2024 16,870
NET BOOK VALUE
At 31 May 2024 50,610
At 31 May 2023 50,610

The agreement for fixed assets held under hire purchase contracts is in the name of a connected company and therefore there is no creditor in respect of this in the accounts. The liability is therefore being paid by the connected company.

BLENDWORTH DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11994588)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 478,326 380,384

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security - 9,023
Other creditors 647,350 501,101
647,350 510,124

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax - 10,775

Deferred
tax
£   
Balance at 1 June 2023 10,775
Utilised during year (10,775 )
Balance at 31 May 2024 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
50 A Ordinary £1 50 50
50 B Ordinary £1 50 50
100 100

9. RELATED PARTY DISCLOSURES

At the balance sheet date £146,047 was owed to companies under common control (31.5.23: owed by companies under common control: £129,787). This includes £37,885 owing in respect of a finance lease, which was taken out in the name of the related party to purchase a fixed asset on behalf of the company.

The aggregate amount owed by the directors at the balance sheet date was £271,807 (2023: £85,000).

10. ULTIMATE CONTROLLING PARTY

The company is not under the control of another entity nor any one individual.