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Registered number: 07063978
Blakes Group UK Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Taxaudit Accountants Ltd
Chartered Certified Accountants
170 Church Road Mitcham
Surrey
CR4 3BW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07063978
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 154,745 196,134
154,745 196,134
CURRENT ASSETS
Stocks 6 3,500 2,000
Debtors 7 78,423 39,347
Cash at bank and in hand 1,016 5,613
82,939 46,960
Creditors: Amounts Falling Due Within One Year 8 (397,856 ) (454,951 )
NET CURRENT ASSETS (LIABILITIES) (314,917 ) (407,991 )
TOTAL ASSETS LESS CURRENT LIABILITIES (160,172 ) (211,857 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (33,586 ) (33,586 )
NET LIABILITIES (193,758 ) (245,443 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (193,858 ) (245,543 )
SHAREHOLDERS' FUNDS (193,758) (245,443)
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Adil Charef
Director
27/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Blakes Group UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07063978 . The registered office is 496 Harrow Road, London, W9 3QA.

ULTIMATE CONTROLLING PARTY
The ultimate controlling party is Mr A Charef.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% RBM
Motor Vehicles 25% RBM
Fixtures & Fittings 25% RBM
Computer Equipment 25% RBM
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2023: 18)
30 18
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 44,686
As at 30 June 2024 44,686
Amortisation
As at 1 July 2023 44,686
As at 30 June 2024 44,686
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 214,496 144,046 280,152 5,158 643,852
Additions - - 5,380 - 5,380
As at 30 June 2024 214,496 144,046 285,532 5,158 649,232
Depreciation
As at 1 July 2023 165,282 93,411 186,470 2,555 447,718
Provided during the period 12,303 14,003 19,812 651 46,769
As at 30 June 2024 177,585 107,414 206,282 3,206 494,487
Net Book Value
As at 30 June 2024 36,911 36,632 79,250 1,952 154,745
As at 1 July 2023 49,214 50,635 93,682 2,603 196,134
6. Stocks
2024 2023
£ £
Finished goods 3,500 2,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,826 2,031
Prepayments and accrued income 29,250 29,250
Imperial UK Investments Ltd 385 385
Rabia UK Ltd-Intercompany 35,700 -
VAT 10,262 7,681
78,423 39,347
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 75,288 93,463
Bank loans and overdrafts 19,753 15,771
Corporation tax 293 9,788
Other taxes and social security 6,544 626
Premium Hospitality Group Ltd - 10,037
The Granier Ltd 50,013 50,013
Pensions Liability (481 ) -
Director's loan account 232,778 249,618
Bank Loans 1-2 Years 13,668 25,635
397,856 454,951
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9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 33,586 33,586
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
Mr A Charef
Director and 90% shareholder 
At the reporting date, the company owes £249,618 (2022: £62,356) to Mr Charef. This is an interest free loan, with no set repayments terms.
Premium Hospitality Group Ltd
A company under common control 
At the reporting date, the company owes £10,037 (2022: £26,322) to Premium Hospitality Group 
Ltd. This is an interest free loan, with no set repayments terms. 
The Granier Ltd 
A company under common control 
At the reporting date, the company owes £50,013 (2022: £50,013) to The Granier Ltd. This is an interest free loan, with no set repayments terms. 
Imperial UK Investments Ltd
A company under common control 
At the reporting date, Imperial UK Investments Ltd owes £385 (2022: £385) to Blakes Group UK Ltd. This is an interest free loan, with no set repayments terms.
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