Company No:
Contents
Note | 2025 | 2024 | ||
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Fixed assets | ||||
Tangible assets | 3 |
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Investment property | 4 |
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3,097,936 | 3,082,612 | |||
Current assets | ||||
Debtors | 5 |
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Cash at bank and in hand |
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22,897 | 20,660 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (794,726) | (828,463) | ||
Total assets less current liabilities | 2,303,210 | 2,254,149 | ||
Creditors: amounts falling due after more than one year | 7 | (
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Provision for liabilities | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Fair value reserve |
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Capital redemption reserve |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Blair & Cramer (Properties) Ltd (registered number:
S J Donaldson OBE
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Blair & Cramer (Properties) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Piggery Vexour Farm, Hampkins Hill Road, Chiddingtsone, TN8 7BB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2025 | 2024 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 February 2024 |
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At 31 January 2025 |
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Accumulated depreciation | |||
At 01 February 2024 |
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Charge for the financial year |
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At 31 January 2025 |
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Net book value | |||
At 31 January 2025 |
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At 31 January 2024 |
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Investment property | |
£ | |
Valuation | |
As at 01 February 2024 |
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Additions | 16,332 |
As at 31 January 2025 |
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Valuation
A full market valuation of investment property was completed by the director at the statement of financial position date. The basis of the valuation was open market value.
This class of assets has a current value of £3,074,332 (2024 - £3,058,000) and a carrying amount at historical cost of £2,499,883 (2024 - £2,483,551). The depreciation on the historical cost is £Nil (2024 - £Nil).
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£ | £ | ||
Trade debtors |
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Other debtors |
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£ | £ | ||
Bank loans |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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2025 | 2024 | ||
£ | £ | ||
Bank loans |
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