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REGISTERED NUMBER: 06729414 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 OCTOBER 2024

FOR

BLACKSTONE BUSINESS FINANCE LTD

BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BLACKSTONE BUSINESS FINANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 OCTOBER 2024







DIRECTORS: Mr C T Brown
Mr T C Brown





REGISTERED OFFICE: 5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ





REGISTERED NUMBER: 06729414 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)

STATEMENT OF FINANCIAL POSITION
29 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,317 34,543

CURRENT ASSETS
Debtors 5 268,192 242,296
Cash at bank 8 8
268,200 242,304
CREDITORS
Amounts falling due within one year 6 246,931 241,613
NET CURRENT ASSETS 21,269 691
TOTAL ASSETS LESS CURRENT LIABILITIES 27,586 35,234

CREDITORS
Amounts falling due after more than one year 7 (20,000 ) (25,833 )

PROVISIONS FOR LIABILITIES (7,476 ) (7,724 )
NET ASSETS 110 1,677

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings 8 1,575
SHAREHOLDERS' FUNDS 110 1,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 October 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.

BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)

STATEMENT OF FINANCIAL POSITION - continued
29 OCTOBER 2024


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 8 August 2025 and were signed on its behalf by:





Mr C T Brown - Director


BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 OCTOBER 2024

1. STATUTORY INFORMATION

Blackstone Business Finance Ltd 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.

Turnover
Revenue 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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year comprises current 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 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 statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 OCTOBER 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 30 October 2023 72,682
Additions 2,800
Disposals (59,490 )
At 29 October 2024 15,992
DEPRECIATION
At 30 October 2023 38,139
Charge for year 7,439
Eliminated on disposal (35,903 )
At 29 October 2024 9,675
NET BOOK VALUE
At 29 October 2024 6,317
At 29 October 2023 34,543

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,455 8,433
Other debtors 264,737 233,863
268,192 242,296

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,889 24,227
Hire purchase contracts - 31,759
Trade creditors 1,554 -
Taxation and social security 200,349 163,697
Other creditors 20,139 21,930
246,931 241,613

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 20,000 25,833

BLACKSTONE BUSINESS FINANCE LTD (REGISTERED NUMBER: 06729414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 OCTOBER 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
2 Ordinary B £1 2 2
102 102

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 October 2024 and 29 October 2023:

2024 2023
£    £   
Mr T C Brown and Mr C T Brown
Balance outstanding at start of year 187,806 139,480
Amounts advanced 183,436 195,030
Amounts repaid (157,567 ) (146,704 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 213,675 187,806