Registered No. NC000879 (Northern Ireland)
BLT Investments LLP
Unaudited accounts
for the year ended 31 March 2025
BLT Investments LLP
Statement of financial position
as at 31 March 2025
Tangible assets
10,360
7,040
Investment property
1,777,715
1,777,715
Cash at bank and in hand
3,227
74,251
Creditors: amounts falling due within one year
(1,000,724)
(1,003,435)
Net current liabilities
(958,266)
(892,585)
Net assets attributable to members
829,809
892,170
Loans and other debts due to members
829,809
892,170
Loans and other debts due to members
829,809
892,170
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 9 December 2025.
Mr. Arthur Tim Robinson
Designated member
Limited Liability Partnership Registration No. NC000879
BLT Investments LLP
Notes to the Accounts
for the year ended 31 March 2025
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Having reviewed the resources available, the members believe that BLT Investments LLP has adequate resources to enable it to continue in operational existence for the foreseeable future. Accordingly, BLT Investments LLP continues to adopt the going concern basis in preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from a contract to provide rental services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the LLP will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery 20% straight line.
Fixtures & fittings 20% straight line.
Investment property is measured at fair value with changes in fair value recognised in the Profit and Loss Account. Revalued investment properties are not depreciated or amortised.
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
Trade and Other Creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Taxation and Deferred Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
BLT Investments LLP
Notes to the Accounts
for the year ended 31 March 2025
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
BLT Investments LLP is a limited liability partnership, incorporated in Northern Ireland, registration number NC000879. Its registered office is 23 Ballyblack Road , Newtownards, County Down, BT22 2AP.
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
115,286
6,267
121,553
At 31 March 2025
115,286
12,202
127,488
At 1 April 2024
112,618
1,895
114,513
Charge for the year
1,355
1,260
2,615
At 31 March 2025
113,973
3,155
117,128
At 31 March 2025
1,313
9,047
10,360
At 31 March 2024
2,668
4,372
7,040
Fair value at 1 April 2024
1,777,715
At 31 March 2025
1,777,715
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
11,228
6,897
Amounts owed to group undertakings and other participating interests
917,500
907,500
Taxes and social security costs
696
11,205
BLT Investments LLP
Notes to the Accounts
for the year ended 31 March 2025
6
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
829,809
892,170
Amounts falling due within one year
829,809
892,170
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
No protection is affordable in respect of items shown in the Balance Sheet as Members' Other Interests.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).