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Registration number: 01326481

Blendworth Furnishings Limited

trading as Crookley Park Estate

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 9

Detailed Profit and Loss Account

10 to 12

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Company Information

Directors

Mrs V A Brothers

Mr J M Read

Registered office

Crookley Park
Blendworth Lane
Horndean
Hants
PO8 0AD

Accountants

MMO Limited
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Blendworth Furnishings Limited

trading as Crookley Park Estate
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blendworth Furnishings Limited for the year ended 31 December 2024 as set out on pages 3 to 9 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 at
http://www.icaew.com/regulation.

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

It is your duty to ensure that Blendworth Furnishings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Blendworth Furnishings Limited. You consider that Blendworth Furnishings 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 accounts of Blendworth Furnishings 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 accounts.

......................................

MMO Limited
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

15 July 2025

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

(Registration number: 01326481)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

17,544

30,017

Current assets

 

Stocks

5

40,276

54,169

Debtors

6

200,585

203,944

Cash at bank and in hand

 

8,418

9,947

 

249,279

268,060

Creditors: Amounts falling due within one year

7

(523,166)

(382,597)

Net current liabilities

 

(273,887)

(114,537)

Net liabilities

 

(256,343)

(84,520)

Capital and reserves

 

Called up share capital

8

51

51

Capital redemption reserve

49

49

Retained earnings

(256,443)

(84,620)

Shareholders' deficit

 

(256,343)

(84,520)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

(Registration number: 01326481)
Balance Sheet as at 31 December 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 July 2025 and signed on its behalf by:
 

.........................................
Mr J M Read
Director

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England .

The address of its registered office is:
Crookley Park
Blendworth Lane
Horndean
Hants
PO8 0AD

These financial statements were authorised for issue by the Board on 13 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants relating to revenue expenditure are recognised in income over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2024

66,815

66,815

Additions

6,365

6,365

At 31 December 2024

73,180

73,180

Depreciation

At 1 January 2024

36,798

36,798

Charge for the year

18,838

18,838

At 31 December 2024

55,636

55,636

Carrying amount

At 31 December 2024

17,544

17,544

At 31 December 2023

30,017

30,017

5

Stocks

2024
£

2023
£

Other inventories

40,276

54,169

6

Debtors

Current

2024
£

2023
£

Trade debtors

200,000

200,000

Prepayments

2,656

3,925

Other debtors

(2,071)

19

 

200,585

203,944

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

46,576

62,348

Amounts owed to group undertakings and undertakings in which the company has a participating interest

447,181

290,383

Taxation and social security

 

25,178

21,075

Accruals and deferred income

 

4,231

8,791

 

523,166

382,597

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

51

51

51

51

       
 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Detailed Profit and Loss Account for the Year Ended 31 December 2024

2024
£

2023
£

Turnover (analysed below)

558,521

585,930

Cost of sales (analysed below)

(239,714)

(299,516)

Gross profit

318,807

286,414

Gross profit (%)

57.08%

48.88%

Administrative expenses

General administrative expenses (analysed below)

(490,630)

(445,305)

Other expenses (analysed below)

-

1,250

(490,630)

(444,055)

Operating loss

(171,823)

(157,641)

Loss before tax

(171,823)

(157,641)

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Detailed Profit and Loss Account for the Year Ended 31 December 2024

2024
£

2023
£

   

Turnover

Sale of goods, UK

329,204

471,794

Cafe sales

229,317

114,136

558,521

585,930

   

Cost of sales

Opening raw materials

(54,168)

(66,966)

Purchases

(171,391)

(240,961)

Cafe purchases

(51,858)

(44,631)

Closing raw materials

38,118

54,168

Staff training

(415)

(1,126)

(239,714)

(299,516)

   

General administrative expenses

Wages and salaries (excluding directors)

(322,174)

(287,203)

Staff NIC (Employers)

(18,842)

(15,785)

Staff pensions (Defined contribution)

(9,325)

(6,489)

Rent and rates

(12,025)

(13,425)

Light, heat and power

(26,371)

(21,910)

Insurance

(7,538)

(7,255)

Repairs and maintenance

(11,712)

(13,662)

Telephone and fax

(2,231)

(2,505)

Computer software and maintenance costs

(8,373)

(6,042)

Printing, postage and stationery

(7,572)

(8,273)

Trade subscriptions

(100)

(10)

Sundry expenses

(8,017)

(7,220)

Cleaning

(16,867)

(15,876)

Motor expenses

(77)

(10)

Travel and subsistence

(776)

(1,754)

Advertising

(3,621)

(7,151)

Staff entertaining (allowable for tax)

(505)

-

Legal and professional fees

(4,329)

(4,915)

Bank charges

(1,675)

(934)

Credit card charges

(9,662)

(7,411)

Depreciation of fixtures and fittings (owned)

(18,838)

(17,475)

(490,630)

(445,305)

 

Blendworth Furnishings Limited

trading as Crookley Park Estate

Detailed Profit and Loss Account for the Year Ended 31 December 2024

2024
£

2023
£

   

Other expenses

(Profit)/loss on disposal of tangible fixed assets

-

1,250