P.A. Blanchard & Co Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 4697083

P.A. Blanchard & Co Limited

Filleted Unaudited Financial Statements

31 March 2025

P.A. Blanchard & Co Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		428,163		445,142

Current assets

Stocks		107,223	111,783
Debtors	7	553,000	597,832
Cash at bank and in hand		1,225,322	940,013
		------------	------------
		1,885,545	1,649,628

Creditors: amounts falling due within one year	8	434,085		384,165
		------------		------------
Net current assets			1,451,460		1,265,463
			------------		------------
Total assets less current liabilities			1,879,623		1,710,605

Provisions

Taxation including deferred tax	21,927	27,642
	------------	------------
Net assets	1,857,696	1,682,963
	------------	------------

Capital and reserves

Called up share capital	9	113	110
Profit and loss account		1,857,583	1,682,853
		------------	------------
Shareholders funds		1,857,696	1,682,963
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

P.A. Blanchard & Co Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 7 December 2025 , and are signed on behalf of the board by:

Mr P A Blanchard Director

Company registration number: 4697083

P.A. Blanchard & Co Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Britannic House, 279 Chanterlands Avenue, Hull, East Yorkshire, HU5 4DS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. /d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.

Revenue recognition

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 (usually on despatch of the goods); 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.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less, or to receive more tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	2% straight line
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	15% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Particulars of employees

The average number of persons employed by the company during the year amounted to 5 (2024: 4 ).

5. Taxation on ordinary activities

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	74,957	90,367

Deferred tax:

Origination and reversal of timing differences	( 5,715)	5,812
	--------	--------
Taxation on ordinary activities	69,242	96,179
	--------	--------

6. Tangible assets

	Leasehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	217,856	156,658	264,540	639,054
Additions	24,682	476	–	25,158
	---------	---------	---------	---------
At 31 March 2025	242,538	157,134	264,540	664,212
	---------	---------	---------	---------
Depreciation
At 1 April 2024	20,811	102,400	70,701	193,912
Charge for the year	4,851	8,210	29,076	42,137
	---------	---------	---------	---------
At 31 March 2025	25,662	110,610	99,777	236,049
	---------	---------	---------	---------
Carrying amount
At 31 March 2025	216,876	46,524	164,763	428,163
	---------	---------	---------	---------
At 31 March 2024	197,045	54,258	193,839	445,142
	---------	---------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	–	37,857
Amounts owed by associated companies	553,000	553,000
Other debtors	–	6,975
	---------	---------
	553,000	597,832
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	32,119	44,754
Amounts owed to associated companies	191,405	191,405
Accruals and deferred income	1,760	18,837
Corporation tax	74,957	90,367
Social security and other taxes	12,859	1,024
Director loan accounts	120,985	37,713
Other creditors	–	65
	---------	---------
	434,085	384,165
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
'A' Ordinary shares of £ 1 each	10	10	10	10
'B' Ordinary shares of £ 1 each	1	1	–	–
'C' Ordinary shares of £ 1 each	1	1	–	–
'D' Ordinary shares of £ 1 each	1	1	–	–
	----	----	----	----
	113	113	110	110
	----	----	----	----

10. Directors' advances, credits and guarantees

During the year there were no directors' advances, credits and guarantees.