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REGISTERED NUMBER: 04383277 (England and Wales)















BLENWOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLENWOOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: T Harbert
D Harbert





REGISTERED OFFICE: 17B Dolphin Park
Upper Field Road
Sittingbourne
Kent
ME10 3UP





REGISTERED NUMBER: 04383277 (England and Wales)





ACCOUNTANTS: L & F Accounting Ltd
18 The Broadway
Stoneleigh
Epsom
Surrey
KT17 2HU

BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 380,050 440,067

CURRENT ASSETS
Stocks 16,780 40,800
Debtors 5 112,045 132,073
Cash at bank 217,045 191,577
345,870 364,450
CREDITORS
Amounts falling due within one year 6 360,996 353,367
NET CURRENT (LIABILITIES)/ASSETS (15,126 ) 11,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,924

451,150

CREDITORS
Amounts falling due after more than one
year

7

(40,962

)

(144,194

)

PROVISIONS FOR LIABILITIES (57,637 ) (57,482 )
NET ASSETS 266,325 249,474

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 266,323 249,472
SHAREHOLDERS' FUNDS 266,325 249,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 30 May 2025 and were signed on its behalf by:





T Harbert - Director


BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Blenwood 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.

Critical accounting judgements and key sources of estimation uncertainty
In preparing these financial statements, the directors have had to make the following judgements.

They have had to determine whether leases entered into by the company either as a lessor or a lessee are operating or lease or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

They have also had to determine whether there are indicators of impairment of the company's tangible and intangible assets, including goodwill. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset.

Other key sources of estimation uncertainty

Tangible fixed assets (see note 5)

Tangible fixed assets, other than investment properties, are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on the number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover
Turnover represents net invoiced sales of groundwork services, stated net of valued added tax.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


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
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 43 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2024 873,369 820,879 1,694,248
Additions 34,124 55,033 89,157
Disposals - (39,995 ) (39,995 )
At 28 February 2025 907,493 835,917 1,743,410
DEPRECIATION
At 1 March 2024 724,083 530,098 1,254,181
Charge for year 45,852 80,825 126,677
Eliminated on disposal - (17,498 ) (17,498 )
At 28 February 2025 769,935 593,425 1,363,360
NET BOOK VALUE
At 28 February 2025 137,558 242,492 380,050
At 29 February 2024 149,286 290,781 440,067

BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2024 154,856 347,696 502,552
Disposals - (39,995 ) (39,995 )
At 28 February 2025 154,856 307,701 462,557
DEPRECIATION
At 1 March 2024 77,523 118,325 195,848
Charge for year 19,333 51,719 71,052
Eliminated on disposal - (17,498 ) (17,498 )
At 28 February 2025 96,856 152,546 249,402
NET BOOK VALUE
At 28 February 2025 58,000 155,155 213,155
At 29 February 2024 77,333 229,371 306,704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 112,043 132,071
Other debtors 2 2
112,045 132,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 92,087 121,335
Trade creditors 59,385 73,280
Taxation and social security 209,524 158,752
360,996 353,367

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 40,962 144,194

BLENWOOD LIMITED (REGISTERED NUMBER: 04383277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 133,049 265,529

The hire purchase creditor is secured on the plant and machinery purchased by the company.

9. ULTIMATE CONTROLLING PARTY

During the year ended 28 February 2025 the company was jointly controlled by Mr T Harbert and Mr D Harbert.