BLN Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11754465 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BLN INVESTMENTS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Mrs B A Vickery

Mrs M L Amphlett

Mr N P Amphlett

REGISTERED OFFICE:

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

REGISTERED NUMBER:

11754465 (England and Wales)

ACCOUNTANTS:

E R Grove & Co Limited

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BLN Investments Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of BLN Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BLN Investments Limited and state those matters that we have agreed to state to the Board of Directors of BLN Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BLN Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that BLN Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BLN Investments Limited. You consider that BLN Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of BLN Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

E R Grove & Co Limited

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

27 November 2025

FIXED ASSETS

Investment property

4

5,861,650

CURRENT ASSETS

Debtors

5

835,259

99,955

Cash at bank

106,591

253,921

941,850

353,876

CREDITORS

Amounts falling due within one year

6

615,775

614,450

NET CURRENT ASSETS/(LIABILITIES)

326,075

(260,574

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,187,725

5,601,076

CREDITORS

Amounts falling due after more than one
year

7

(960,096

)

(491,779

)

PROVISIONS FOR LIABILITIES

9

(1,060,280

)

(1,060,280

)

NET ASSETS

4,167,349

4,049,017

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

10

4,167,346

4,049,014

4,167,349

4,049,017

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 27 November 2025 and were signed on its behalf by:

Mr N P Amphlett - Director

1.	STATUTORY INFORMATION

BLN Investments 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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

5,861,650

NET BOOK VALUE

At 31 March 2025

5,861,650

At 31 March 2024

5,861,650

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

4,241,120

Cost

1,620,530

5,861,650

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

1,620,530

Investment property was valued on an informal basis on 8 October 2022 by Fisher German .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

47,910

65,342

Other debtors

787,349

34,613

835,259

99,955

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

36,769

39,075

Trade creditors

5

-

Taxation and social security

59,076

74,961

Other creditors

519,925

500,414

615,775

614,450

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

960,096

491,779

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

311,179

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

996,865

530,854

Lloyds Bank plc holds a fixed and floating charge over the company's assets.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

1,060,280

Deferred

tax

£

Balance at 1 April 2024

1,060,280

Balance at 31 March 2025

1,060,280

10.

RESERVES

Retained

earnings

£

At 1 April 2024

4,049,014

Profit for the year

118,332

At 31 March 2025

4,167,346

11.	RELATED PARTY DISCLOSURES

During the year the company charged rent, service charges and insurance of £226,513 (2024: £210,430) to Dzine Furnishing Solutions Limited. At the year end date £14,896 (2024: £31,031) was due from Dzine Furnishing Solutions Limited in respect of these transactions and £755,789 (£2024: £nil) in respect of other borrowings. Dzine Furnishing Solutions Limited is under the control of the directors.