2023-04-01 2024-03-31 13956897 Blanchard Properties Limited false 13956897 2023-04-01 2024-03-31 13956897 uk-bus:Director1 2023-04-01 2024-03-31 13956897 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13956897 uk-bus:SmallEntities 2023-04-01 2024-03-31 13956897 uk-bus:FullAccounts 2023-04-01 2024-03-31 13956897 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13956897 2023-04-01 13956897 2024-03-31 13956897 2023-03-31 xbrli:pure iso4217:GBP 13956897 2022-04-01 2023-03-31
Company Registration Number : 13956897 (England and Wales)
13956897
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-03-31
false
Blanchard Properties Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-04-01
Blanchard Properties Limited
Unaudited filleted financial statements
For the year ended 31 March 2024
Blanchard Properties Limited
Contents
For the year ended 31 March 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Blanchard Properties Limited
Company Information
For the year ended 31 March 2024

Company registration number 13956897 (England and Wales)
Directors Sudhir Khodade
Katarzyna Surga
Registered office address 2a Rose Glen
Romford
United Kingdom
RM7 0SP
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Blanchard Properties Limited
Statement of Financial Position
For the year ended 31 March 2024

2024 2023
Notes £ £
Fixed assets
Investment Property 390,672 390,672
5 390,672 390,672
Current assets
Debtors 124 1,880
Cash and cash equivalents 12,459 3,595
12,583 5,475
Current liabilities
Creditors: Amounts falling due within one year (118,493) (395,045)
Corporation tax payable (1,187) (195)
(119,680) (395,240)
Net current (liabilities)/assets (107,097) (389,765)
Total assets less current liabilities 283,575 907
Non-current liabilities
Creditors: Amounts falling due after more than one year (277,620) -
Net assets/(liabilities) 5,955 907
Capital and reserves
Called up share capital 2 2
Retained earnings 5,953 905
Shareholders' funds 5,955 907
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 February 2025
.............................
Sudhir Khodade (Director)
Company registration number: 13956897
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-03-31 31 March 2024
2024 2023
£ £
Fixed Assets 390,672 390,672
Current Assets 12,459 5,325
Prepayments and accrued income 124 150
Creditors: amounts falling due within one year (119,680) (395,240)
Net current assets (liabilities) (107,097) (389,765)
Total assets less current liabilities 283,575 907
CREDITORS: Amounts falling due more than one year (277,620) 0
Net Assets (liabilities) 5,955 907
Capital and Reserves 5,955 907
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-03-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 13 February 2025 2025-02-13 and signed on behalf of the board,
.............................
Sudhir Khodade
Director
Company registration number: 13956897
Blanchard Properties Limited
Notes to the Financial Statements
For the year ended 31 March 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 2a Rose Glen, Romford, United Kingdom, RM7 0SP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

These financial statements for the year ended 31 March 2024 are the first financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The date of transition is 01 April 2023. The transition from FRS 105 to FRS 102 Section 1A is not considered to have had a material effect on the financial statements.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and borrowings
These are initially recognised at fair value, based upon the nominal amount outstanding. Subsequent to initial recognition, they are recorded at amortised cost. Borrowing costs arising on bank borrowings are expensed as incurred within financial expense using the effective interest method.
Effective interest method
The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or where appropriate a shorter period, to the net carrying amount on initial recognition.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement 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 current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Investments
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

(5) Fixed assets
Investments
Property
£
Cost
As at 01 April 2023390,672
As at 31 March 2024390,672
Depreciation/Amortisation
As at 31 March 2024-
Net book value
As at 31 March 2024390,672
As at 31 March 2023390,672

(6) Mortgage (Creditors > 1 year)
The mortgage is secured by the property known as 42 Birkbeck Road.

(7) Investment properties revaluation
These financial statements for the year ended 31st March 2024 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The property is being measured at fair value under FRS 102 and there were no changes in the fair value.