| Blue Chip Plastering Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Group Accounts |
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The company is exempt from preparing group accounts because it is the parent company of a small group (S383 CA 2006). The financial statements present information about the company as an individual undertaking and not about its group. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
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| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 April 2024 |
57,303 |
|
|
At 31 March 2025 |
57,303 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
1 |
|
1 |
|
Other debtors |
33,714 |
|
33,714 |
|
|
|
|
|
|
33,715 |
|
33,715 |
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| 5 |
Related party transactions |
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At 31 March, the company was owed £33,714 (b/f £33,714) by its parent company James Cadman & Co. (Holdings) Limited. The loan is short term, unsecured, interest-free and is repayable upon demand. |
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| 6 |
Controlling party |
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The controlling party is the parent company James Cadman & Co. (Holdings) Limited. |
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| 7 |
Other information |
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Blue Chip Plastering Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Cadman House |
|
Wharf Road |
|
Sale |
|
Manchester |
|
M33 2AF |