REGISTERED NUMBER: 03299107 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 January 2025

for

BLAKESHIELDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Godfrey

E J Donnithorne

Ms K Jones

SECRETARY:

Ms K Jones

REGISTERED OFFICE:

6 Portland Business Centre

Manor House Lane

Datchet

Berkshire

SL3 9EG

REGISTERED NUMBER:

03299107 (England and Wales)

ACCOUNTANTS:

Godfrey, Anderson & Co

6 Portland Business Centre

Manor House Lane

Datchet

Berkshire

SL3 9EG

BANKERS:

NatWest

246 High Street

Exeter

Devon

EX4 3PD

FIXED ASSETS

Tangible assets

4

1,129,122

1,152,953

CURRENT ASSETS

Debtors

5

127,714

151,766

Cash at bank

116,824

121,811

244,538

273,577

CREDITORS

Amounts falling due within one year

6

116,411

154,290

NET CURRENT ASSETS

128,127

119,287

TOTAL ASSETS LESS CURRENT LIABILITIES

1,257,249

1,272,240

CREDITORS

Amounts falling due after more than one year

7

167,359

207,375

NET ASSETS

1,089,890

1,064,865

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

198,307

198,307

Retained earnings

890,583

865,558

SHAREHOLDERS' FUNDS

1,089,890

1,064,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 31 May 2025 and were signed on its behalf by:

S Godfrey - Director

1.	STATUTORY INFORMATION

Blakeshields Limited 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

Turnover 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.

Land and buildings

-

in accordance with the property

Fixtures, fittings and equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 44 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Land and

and

buildings

equipment

Totals

£

£

£

COST

At 1 February 2024

880,522

995,980

1,876,502

Additions

-

43,962

43,962

At 31 January 2025

880,522

1,039,942

1,920,464

DEPRECIATION

At 1 February 2024

474,765

248,784

723,549

Charge for year

-

67,793

67,793

At 31 January 2025

474,765

316,577

791,342

NET BOOK VALUE

At 31 January 2025

405,757

723,365

1,129,122

At 31 January 2024

405,757

747,196

1,152,953

The sale of Trewiston Lodge was completed on 17th October 2022.

The freehold property at St Margaret's Nursing Home, Fraddon, was revalued by independent valuers at £575,000 in 2003 and in accordance with FRS15 this valuation has been included in these accounts. However, the improvements that have been made over the subsequent years have been added at cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

126,514

150,566

Other debtors

1,200

1,200

127,714

151,766

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

13,721

29,142

Taxation and social security

40,104

41,937

Other creditors

62,586

83,211

116,411

154,290

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

167,359

207,375

8.

RESERVES

Revaluation

reserve

£

At 1 February 2024

and 31 January 2025

198,307