1 false false false false true false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 850,000 850,000 850,000 1,480,000 1,050,000 430,000 430,000 xbrli:pure xbrli:shares iso4217:GBP 06660317 2024-01-01 2024-12-31 06660317 2024-12-31 06660317 2023-12-31 06660317 2023-01-01 2023-12-31 06660317 2023-12-31 06660317 2022-12-31 06660317 core:Subsidiary1 2024-01-01 2024-12-31 06660317 core:Subsidiary2 2024-01-01 2024-12-31 06660317 bus:Director1 2024-01-01 2024-12-31 06660317 core:WithinOneYear 2024-12-31 06660317 core:WithinOneYear 2023-12-31 06660317 core:AfterOneYear 2024-12-31 06660317 core:AfterOneYear 2023-12-31 06660317 core:ShareCapital 2024-12-31 06660317 core:ShareCapital 2023-12-31 06660317 core:RetainedEarningsAccumulatedLosses 2024-12-31 06660317 core:RetainedEarningsAccumulatedLosses 2023-12-31 06660317 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 06660317 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-12-31 06660317 core:Non-currentFinancialInstruments 2024-12-31 06660317 core:Non-currentFinancialInstruments 2023-12-31 06660317 bus:SmallEntities 2024-01-01 2024-12-31 06660317 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 06660317 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06660317 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06660317 bus:FullAccounts 2024-01-01 2024-12-31 06660317 core:LandBuildings 2024-12-31 06660317 core:LandBuildings 2023-12-31
COMPANY REGISTRATION NUMBER: 06660317
BLEWERS HOLDINGS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2024
BLEWERS HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
850,000
850,000
Investments
6
430,000
430,000
------------
------------
1,280,000
1,280,000
Current assets
Debtors
7
310,786
308,475
Cash at bank and in hand
39,841
29,084
----------
----------
350,627
337,559
Creditors: amounts falling due within one year
8
119,374
116,819
----------
----------
Net current assets
231,253
220,740
------------
------------
Total assets less current liabilities
1,511,253
1,500,740
Creditors: amounts falling due after more than one year
9
108,496
159,800
------------
------------
Net assets
1,402,757
1,340,940
------------
------------
Capital and reserves
Called up share capital
500,000
500,000
Profit and loss account
10
902,757
840,940
------------
------------
Shareholders funds
1,402,757
1,340,940
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the 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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
BLEWERS HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 11 July 2025 , and are signed on behalf of the board by:
J D Aylett
Director
Company registration number: 06660317
BLEWERS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is High Elms, London Road, West Kingsdown, Sevenoaks, Kent, TN15 6BT, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through the statement of comprehensive income. The financial statements are prepared in sterling, which is the functional currency of the entity.
Debtors
Debtors are initially recorded at fair value and are assessed for impairment at each reporting date. If any impairments exist the debtors are remeasured to the present value of the expected future cash inflows.
Creditors
Creditors are initially recorded at fair value and are then remeasured to the present value of the expected future cash outflows
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
There are no significant estimates or assumptions made that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Revenue recognition
Revenue refers to the revenue earned from the Company's principal activity; a Holding Company The revenue shown in the statement of comprehensive income represents amounts invoiced during the year, exclusive of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in the statement of comprehensive income. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Freehold property
£
Valuation
At 1 January 2024 and 31 December 2024
850,000
----------
Depreciation
At 1 January 2024 and 31 December 2024
----------
Carrying amount
At 31 December 2024
850,000
----------
At 31 December 2023
850,000
----------
The historical cost of the property is £650,000.
6. Investments
Shares in group undertakings
£
Cost
At 1 January 2024 and 31 December 2024
1,480,000
------------
Impairment
At 1 January 2024 and 31 December 2024
1,050,000
------------
Carrying amount
At 31 December 2024
430,000
------------
At 31 December 2023
430,000
------------
Subsidiaries, associates and other investments
Class of share
Percentage of shares held
Subsidiary undertakings
J Blewer & Son Limited
Ordinary
100
Blewers Timber Limited
Ordinary
100
7. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
310,475
308,475
Other debtors
311
----------
----------
310,786
308,475
----------
----------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
55,421
55,421
Trade creditors
326
Amounts owed to group undertakings and undertakings in which the company has a participating interest
39,682
42,082
Corporation tax
20,085
15,562
Social security and other taxes
2,000
1,924
Other creditors
1,860
1,830
----------
----------
119,374
116,819
----------
----------
The bank loan is secured by a charge over the Freehold Property.
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
108,496
159,800
----------
----------
The bank loan is secured by a charge over the Freehold Property.
10. Reserves
Included in the profit and loss reserves are non distributable amounts of £200,000.
11. Ultimate parent company
The ultimate parent company is Hagaday Holdings Limited.