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REGISTERED NUMBER: 11474703 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

BLOOMPARK (RUTLAND) LIMITED

BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BLOOMPARK (RUTLAND) LIMITED

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTORS: W G Westbrook
Mrs R Westbrook





REGISTERED OFFICE: Yorke House
33 West Street
Oundle
Peterborough
Northamptonshire
PE8 4EJ





REGISTERED NUMBER: 11474703 (England and Wales)

BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

STATEMENT OF FINANCIAL POSITION
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 677 670
Investments 5 1,899,949 796,884
Investment property 6 366,715 366,715
2,267,341 1,164,269

CURRENT ASSETS
Debtors 7 2,903 2,353
Cash at bank and in hand 1,740,484 14,924
1,743,387 17,277
CREDITORS
Amounts falling due within one year 8 1,504,459 1,043,432
NET CURRENT ASSETS/(LIABILITIES) 238,928 (1,026,155 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,506,269

138,114

CREDITORS
Amounts falling due after more than one year 9 2,303,678 -
NET ASSETS 202,591 138,114

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 202,586 138,109
202,591 138,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





W G Westbrook - Director


BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024


1. STATUTORY INFORMATION

Bloompark (Rutland) 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 as modified by the revaluation of certain assets.

Going concern
The company has a net asset position and a healthy bank position and the directors are satisfied that there are sufficient resources in place to continue operating for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Bloompark (Rutland) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In preparing the financial statements, management is required to make estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

Critical judgements in applying the company's policies
No significant judgements have had to be made by management in preparing these financial statements.

Critical accounting estimates and assumptions
The directors do not consider that any other estimates and assumptions used in the preparation of these financial statements have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Property, plant and equipment
Items of property, plant and equipment are initially measured at cost. After initial recognition items of property, plant and equipment are measured at cost less any accumulated depreciation and any accumulated impairment losses.

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


Computer equipment- 33% straight line

Investments in subsidiaries
Investments in subsidiary undertakings are initially measured at cost. After initial recognition investments in subsidiary undertakings are measured at cost less any accumulated impairment losses.

Investment property
Investment properties are initially measured at cost, including transaction costs. After initial recognition investment properties whose fair value can be measured reliably are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade, other accounts receivable and payable and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Debt instruments such as loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised costs using the effective interest method.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments
Fixed assets comprising publicly traded investments are measured at fair value with changes in fair value recognised in the profit and loss account. Fair value is ascertained with reference to market prices quoted on recognised stock exchanges.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 August 2023 924
Additions 430
At 31 July 2024 1,354
DEPRECIATION
At 1 August 2023 254
Charge for year 423
At 31 July 2024 677
NET BOOK VALUE
At 31 July 2024 677
At 31 July 2023 670

BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 1 796,883 796,884
Additions - 2,480,160 2,480,160
Disposals - (1,375,734 ) (1,375,734 )
Revaluations - (1,361 ) (1,361 )
At 31 July 2024 1 1,899,948 1,899,949
NET BOOK VALUE
At 31 July 2024 1 1,899,948 1,899,949
At 31 July 2023 1 796,883 796,884

Cost or valuation at 31 July 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 - 8,882 8,882
Cost 1 1,891,066 1,891,067
1 1,899,948 1,899,949

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 366,715
NET BOOK VALUE
At 31 July 2024 366,715
At 31 July 2023 366,715

The fair value of investment property at each year end has been arrived at on the basis of valuations carried out by a director of the company who is not a professionally qualified valuer.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 1,800 1,800
Other debtors 1,103 553
2,903 2,353

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,504,459 1,043,432

BLOOMPARK (RUTLAND) LIMITED (REGISTERED NUMBER: 11474703)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 2,303,678 -

10. RELATED PARTY DISCLOSURES

The company's directors have made an interest free loan to the company. At 31 July 2024 the amount owed to them was £3,803,678 (2023- £1,039,139).

During the year the directors received no remuneration (2023- £nil).