Blackfinch Properties Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11693042

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		380,334		371,122

			380,334		371,122
Creditors: Amounts Falling Due Within One Year	5	(29,888 )		(62,716 )

NET CURRENT ASSETS (LIABILITIES)			(29,888 )		(62,716 )

TOTAL ASSETS LESS CURRENT LIABILITIES			350,446		308,406

Creditors: Amounts Falling Due After More Than One Year	6		(368,978 )		(368,978 )

NET LIABILITIES			(18,532 )		(60,572 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(18,533 )		(60,573 )

SHAREHOLDERS' FUNDS			(18,532)		(60,572)

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs J L Mellor

Director

13/11/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Blackfinch Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11693042 . The registered office is Springwood House Lodge Lane, Delph, Oldham, OL3 5HJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% on cost

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account. The fair value of the propety is shown in the note to fixed assets.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	369,389	9,334	378,723
Additions	-	10,945	10,945

As at 31 March 2025	369,389	20,279	389,668

Depreciation
As at 1 April 2024	-	7,601	7,601
Provided during the period	-	1,733	1,733

As at 31 March 2025	-	9,334	9,334

Net Book Value
As at 31 March 2025	369,389	10,945	380,334

As at 1 April 2024	369,389	1,733	371,122

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Blackfinch Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	1
Other creditors	29,244	60,299
Director's loan account	643	2,416

	29,888	62,716

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	368,978	368,978

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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