ACCOUNTS - Final Accounts

Registered number: 14664124

BLAZEHILL OPPORTUNITIES LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

BLAZEHILL OPPORTUNITIES LIMITED

REGISTERED NUMBER: 14664124

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		2		2
			2		2
Current assets
Debtors: amounts falling due within one year	5	3,590,124		1
Cash at bank and in hand		-		750,000
		3,590,124		750,001
Creditors: amounts falling due within one year	6	(3,976,370)		(750,002)
Net current liabilities			(386,246)		(1)
Total assets less current liabilities			(386,244)		1

Net (liabilities)/assets			(386,244)		1

Capital and reserves
Called up share capital	1	1
Profit and loss account	(386,245)	-
	(386,244)	1

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

T A Weedall

Director

Date: 3 June 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

BLAZEHILL OPPORTUNITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The principal activity of the company is that of a holding company.
The Company is a private company limited by shares and registered in England and Wales.
The company's registered office address is 4th Floor 24 Old Bond Street, Mayfair, London, United Kingdom, W1S 4AW

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.
The Group has made a loss in the year of £386,245 due to provisions made against intercompany debtor balances in the year. At the year end the Company had net liabilities of £386,244. The Company heads a profitable group with the results of the subsidiary able to cover any shortfall in liabilities in this Company. The only liabilility in this Company is an amount due to the subsidiary.
The directors are confident in the Company’s ability to meet its liabilities as they fall due and so, continue to adopt the going concern basis in preparing the financial statements which assumes that the Company will continue in operation for the foreseeable future.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 2

BLAZEHILL OPPORTUNITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans from banks and other third parties and loans to and from related parties.
(i) Financial assets
Basic financial assets, including fixed asset investment, trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 3

BLAZEHILL OPPORTUNITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 April 2024	2
	At 31 March 2025	2

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	3,590,124	1

Amounts owed by group undertakings are unsecured, repayable on demand and are interest-free.

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to group undertakings	3,976,370	750,002

Amounts owed to group undertakings are unsecured, repayable on demand and are interest-free.

7.Other financial commitments

There are liabilities in other group companies which are secured over the assets of this company.

Page 4

BLAZEHILL OPPORTUNITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Controlling party

The parent undertaking is Blazehill Capital Limited, a company incorporated in England and Wales.
Blazehill Capital Limited prepares group financial statements and copies can be obtained from the registered office at 4th Floor, 24 Old Bond Street, London W1S 4AW.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 3 June 2025 by Nick Bishop FCA (Senior Statutory Auditor) on behalf of BKL Audit LLP.

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