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REGISTERED NUMBER: 04455817 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BLANDFIELD PROPERTIES LIMITED

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

BLANDFIELD PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs A Fletcher
A J Fletcher
Miss T J Fletcher
Miss F K Fletcher





SECRETARY: Mrs A Fletcher





REGISTERED OFFICE: 2 Oakfield Road
Clifton
Bristol
BS8 2AL





REGISTERED NUMBER: 04455817 (England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,071 2,666
Investment property 5 1,850,000 1,850,000
1,852,071 1,852,666

CURRENT ASSETS
Debtors 6 382,486 391,806
Cash at bank 96,996 86,040
479,482 477,846
CREDITORS
Amounts falling due within one year 7 66,790 66,915
NET CURRENT ASSETS 412,692 410,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,264,763

2,263,597

CREDITORS
Amounts falling due after more than one
year

8

(327,773

)

(355,231

)

PROVISIONS FOR LIABILITIES (138,335 ) (138,484 )
NET ASSETS 1,798,655 1,769,882

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

BALANCE SHEET - continued
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 1,798,555 1,769,782
1,798,655 1,769,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 24 June 2025 and were signed on its behalf by:





A J Fletcher - Director


BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Blandfield Properties 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 6,713 6,372 13,085
Additions - 2,298 2,298
Disposals (413 ) (2,447 ) (2,860 )
At 30 September 2024 6,300 6,223 12,523
DEPRECIATION
At 1 October 2023 5,508 4,911 10,419
Charge for year 1,205 1,688 2,893
Eliminated on disposal (413 ) (2,447 ) (2,860 )
At 30 September 2024 6,300 4,152 10,452
NET BOOK VALUE
At 30 September 2024 - 2,071 2,071
At 30 September 2023 1,205 1,461 2,666

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,850,000
NET BOOK VALUE
At 30 September 2024 1,850,000
At 30 September 2023 1,850,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2020 171,342
Valuation in 2022 450,000
Cost 1,228,658
1,850,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors - 1,200
Other debtors 50 -
Directors' current accounts 301,076 305,152
S455 Tax 81,360 81,972
Prepayments and accrued income - 3,482
382,486 391,806

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts (see note 9) 48,603 48,603
Trade creditors 17 2,507
Tax 10,241 8,105
Social security and other taxes 18 -
VAT 4,411 4,450
Other creditors - 50
Accrued expenses 3,500 3,200
66,790 66,915

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 9) 327,773 355,231

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 133,361 160,819

9. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 48,603 48,603

Amounts falling due between one and two years:
Bank loans - 1-2 years 48,603 48,603

Amounts falling due between two and five years:
Bank loans - 2-5 years 145,809 145,809

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 133,361 160,819

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 376,376 -

The bank loan outstanding is secured by a fixed and floating charge over the assets of the company.

BLANDFIELD PROPERTIES LIMITED (REGISTERED NUMBER: 04455817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


11. RESERVES
Retained
earnings
£   

At 1 October 2023 1,769,782
Profit for the year 28,773
At 30 September 2024 1,798,555

12. RELATED PARTY DISCLOSURES

Included in debtors at the year end was a loan to the directors of £301,077 : (2023 £305,152).

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the shareholders by virtue of their shareholding.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BLANDFIELD PROPERTIES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blandfield Properties Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Blandfield Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blandfield Properties Limited and state those matters that we have agreed to state to the Board of Directors of Blandfield Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blandfield Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Blandfield Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blandfield Properties Limited. You consider that Blandfield Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blandfield Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL


25 June 2025