| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 MARCH 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 260 - 270 Butterfield |
| Great Marlings |
| Luton |
| Bedfordshire |
| LU2 8DL |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks | 4 |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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 were approved by the Board of Directors and authorised for issue on |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Blakeney Homes (Developments) Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been prepared on a going concern basis. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable for goods supplied and |
| services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. |
| Work in progress |
| Work in progress includes raw materials and consumable stock, land for development, direct labour, other direct costs and related overheads appropriate to the relevant stage of completion. Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Work in progress is recognised as an expense in the period in which the related revenue is recognised. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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). |
| BLAKENEY HOMES (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 13878020) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 MARCH 2025 |
| 4. | STOCKS |
| 2025 | 2024 |
| £ | £ |
| Work-in-progress |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| VAT |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Other creditors |
| Accrued expenses |
| 7. | RELATED PARTY DISCLOSURES |
| Since incorporation, the Company entered into transactions with Blakeney Estates Ltd, a related party by virtue of common ownership and common directorships. Blakeney Estates Ltd is not part of the same group as the Company. |
| Blakeney Estates Ltd provided funding to the Company and also settled certain costs on the Company’s behalf. These transactions were made to support the Company’s development activities. |
| At the year end, the balance receivable from Blakeney Estates Ltd was £253,358 (2024: balance payable to Blakeney Estates Ltd £26,148). The balance is unsecured, interest-free and repayable on demand. |
| No guarantees were given or received in relation to these transactions, and no provision for doubtful debts has been made. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The immediate parent company is Blakeney Homes Holdings Ltd. |
| The ultimate controlling party is Mr P F Doyle. |