Company No: 05332854 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	413,361		504,933
		413,361		504,933
Current assets
Debtors	5	1,049,140		637,527
Cash at bank and in hand		279,532		190,234
		1,328,672		827,761
Creditors: amounts falling due within one year	6	( 383,534)		( 205,619)
Net current assets		945,138		622,142
Total assets less current liabilities		1,358,499		1,127,075
Provision for liabilities	7	( 89,205)		( 121,667)
Net assets		1,269,294		1,005,408
Capital and reserves
Called-up share capital		100		100
Profit and loss account		1,269,194		1,005,308
Total shareholder's funds		1,269,294		1,005,408

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Blakes Self Loading Vehicles Limited (registered number: 05332854) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

J D Blake Director

S J Blake Director

11 December 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Blakes Self Loading Vehicles Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wensum Lodge, Taverham Lane Old Costessey, Norwich, NR8 5BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Income Statement in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	20 years straight line
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	9		12

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	166,000		166,000
At 31 March 2025	166,000		166,000
Accumulated amortisation
At 01 April 2024	166,000		166,000
At 31 March 2025	166,000		166,000
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 01 April 2024	30,451		114,746		1,017,668		1,162,865
Additions	0		4,375		49,325		53,700
Disposals	0		( 2,800)		( 16,460)		( 19,260)
At 31 March 2025	30,451		116,321		1,050,533		1,197,305
Accumulated depreciation
At 01 April 2024	16,753		84,201		556,978		657,932
Charge for the financial year	1,523		8,603		125,108		135,234
Disposals	0		( 2,302)		( 6,920)		( 9,222)
At 31 March 2025	18,276		90,502		675,166		783,944
Net book value
At 31 March 2025	12,175		25,819		375,367		413,361
At 31 March 2024	13,698		30,545		460,690		504,933

5. Debtors

	2025		2024
	£		£
Trade debtors	201,900		167,568
Amounts owed by Group undertakings	797,477		415,335
Amounts owed by directors	0		20,580
Prepayments	48,568		34,044
Other debtors	1,195		0
	1,049,140		637,527

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	18,870		12,263
Accruals	4,002		1,398
Taxation and social security	354,716		189,743
Other creditors	5,946		2,215
	383,534		205,619

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 121,667)		( 54,565)
Credited/(charged) to the Income Statement	32,462		( 67,102)
At the end of financial year	( 89,205)		( 121,667)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 89,205)		( 121,667)

8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund by the company to the fund and amounted to £16,087 (2024: £33,047).

	2025		2024
	£		£
Unpaid contributions due to the fund (inc. in other creditors)	0		506

9. Related party transactions

Transactions with owners holding a participating interest in the entity

Blakes Self Loading Vehicles Limited is a wholly owned subsidiary of Blakeleigh (Holdings) Limited, in line with the exemption contained within the Financial Reporting Standard 8.

No transactions have been disclosed in relation to Blakeleigh (Holdings) Limited.