Blenheim Sealants Limited 05982222 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Other building completion and finishing Digita Accounts Production Advanced 6.30.9574.0 true 05982222 2024-01-01 2024-12-31 05982222 2024-12-31 05982222 bus:OrdinaryShareClass1 2024-12-31 05982222 bus:OrdinaryShareClass2 2024-12-31 05982222 bus:OrdinaryShareClass3 2024-12-31 05982222 core:CurrentFinancialInstruments 2024-12-31 05982222 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 05982222 core:Non-currentFinancialInstruments 2024-12-31 05982222 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 05982222 core:FurnitureFittingsToolsEquipment 2024-12-31 05982222 core:MotorVehicles 2024-12-31 05982222 bus:SmallEntities 2024-01-01 2024-12-31 05982222 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05982222 bus:FilletedAccounts 2024-01-01 2024-12-31 05982222 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05982222 bus:RegisteredOffice 2024-01-01 2024-12-31 05982222 bus:CompanySecretary1 2024-01-01 2024-12-31 05982222 bus:Director2 2024-01-01 2024-12-31 05982222 bus:Director3 2024-01-01 2024-12-31 05982222 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 05982222 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 05982222 bus:OrdinaryShareClass3 2024-01-01 2024-12-31 05982222 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05982222 bus:Agent1 2024-01-01 2024-12-31 05982222 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 05982222 core:MotorCars 2024-01-01 2024-12-31 05982222 core:MotorVehicles 2024-01-01 2024-12-31 05982222 countries:EnglandWales 2024-01-01 2024-12-31 05982222 2023-12-31 05982222 core:FurnitureFittingsToolsEquipment 2023-12-31 05982222 core:MotorVehicles 2023-12-31 05982222 2023-01-01 2023-12-31 05982222 2023-12-31 05982222 bus:OrdinaryShareClass1 2023-12-31 05982222 bus:OrdinaryShareClass2 2023-12-31 05982222 bus:OrdinaryShareClass3 2023-12-31 05982222 core:CurrentFinancialInstruments 2023-12-31 05982222 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 05982222 core:Non-currentFinancialInstruments 2023-12-31 05982222 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 05982222 core:FurnitureFittingsToolsEquipment 2023-12-31 05982222 core:MotorVehicles 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05982222

Blenheim Sealants Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2024

Blenheim Sealants Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Blenheim Sealants Limited

Company Information

Directors | MP Strevens SP Seaman

Company secretary | A Hutchinson

Registered office | Maria House 35 Millers Road Brighton BN1 5NP

Accountants | Chisnall Comer Ismail and Co Chartered AccountantsMaria House 35 Millers Road Brighton BN1 5NP

Blenheim Sealants Limited

(Registration number: 05982222)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 5,909 | 6,308
Current assets |  |  |
Stocks | 5 | 2,200 | 2,200
Debtors | 6 | 33,290 | 29,996
Cash at bank and in hand |  | 57,488 | 78,533
|  | 92,978 | 110,729
Creditors: Amounts falling due within one year | 10 | (87,719) | (62,268)
Net current assets |  | 5,259 | 48,461
Total assets less current liabilities |  | 11,168 | 54,769
Creditors: Amounts falling due after more than one year | 10 | (6,229) | (15,552)
Provisions for liabilities |  | (1,477) | (1,577)
Net assets |  | 3,462 | 37,640
Capital and reserves |  |  |
Called up share capital | 9 | 60 | 60
Capital redemption reserve |  | 60 | 60
Retained earnings |  | 3,342 | 37,520
Shareholders' funds |  | 3,462 | 37,640

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.

These financial statements have been prepared and 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.

Blenheim Sealants Limited

(Registration number: 05982222)
Balance Sheet as at 31 December 2024

Approved and authorised by the Board on 29 August 2025 and signed on its behalf by:

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

MP Strevens

Director

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

SP Seaman

Director

Blenheim Sealants Limited

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 and Wales.

The address of its registered office is:
Maria House
35 Millers Road
Brighton
BN1 5NP

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.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Blenheim Sealants Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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 | 25% reducing balance
Motor vehicles | 25% reducing balance

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Blenheim Sealants Limited

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

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 3 (2023 - 3).

Blenheim Sealants Limited

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

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2024 | 12,358 | 23,090 | 35,448
Additions | 1,316 | - | 1,316
At 31 December 2024 | 13,674 | 23,090 | 36,764
Depreciation
At 1 January 2024 | 9,061 | 20,079 | 29,140
Charge for the year | 962 | 753 | 1,715
At 31 December 2024 | 10,023 | 20,832 | 30,855
Carrying amount
At 31 December 2024 | 3,651 | 2,258 | 5,909
At 31 December 2023 | 3,297 | 3,011 | 6,308

5 | Stocks

| 2024 £ | 2023 £
Other inventories | 2,200 | 2,200

6 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | 460,116 | 200,776
Other debtors | (426,826) | (170,780)
| 33,290 | 29,996

7 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 6,229 | 15,552

Current loans and borrowings

Blenheim Sealants Limited

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

| 2024 £ | 2023 £
Bank borrowings | 10,059 | 10,059

8 | Dividends

|  | 2024 |  | 2023
|  | £ |  | £

9 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary of £1 each | 40 | 40 | 40 | 40
Ordinary B of £1 each | 10 | 10 | 10 | 10
Ordinary C of £1 each | 10 | 10 | 10 | 10
| 60 | 60 | 60 | 60

10 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 7 | 10,059 | 10,059
Trade creditors |  | 7,830 | 6,115
Taxation and social security |  | 26,785 | 30,290
Accruals and deferred income |  | 34,000 | -
Other creditors |  | 9,045 | 15,804
|  | 87,719 | 62,268

Creditors: amounts falling due after more than one year

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 7 | 6,229 | 15,552