IRIS Accounts Production v25.4.0.155 13159391 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false Ordinary shares 1.00000 Redeemable preference shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131593912024-01-31131593912025-01-31131593912024-02-012025-01-31131593912023-01-31131593912023-02-012024-01-31131593912024-01-3113159391ns15:EnglandWales2024-02-012025-01-3113159391ns14:PoundSterling2024-02-012025-01-3113159391ns10:Director12024-02-012025-01-3113159391ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3113159391ns10:SmallEntities2024-02-012025-01-3113159391ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3113159391ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3113159391ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3113159391ns10:FullAccounts2024-02-012025-01-311315939112024-02-012025-01-3113159391ns10:OrdinaryShareClass12024-02-012025-01-3113159391ns10:OrdinaryShareClass22024-02-012025-01-3113159391ns10:Director22024-02-012025-01-3113159391ns10:RegisteredOffice2024-02-012025-01-3113159391ns5:CurrentFinancialInstruments2025-01-3113159391ns5:CurrentFinancialInstruments2024-01-3113159391ns5:ShareCapital2025-01-3113159391ns5:ShareCapital2024-01-3113159391ns5:RetainedEarningsAccumulatedLosses2025-01-3113159391ns5:RetainedEarningsAccumulatedLosses2024-01-3113159391ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3113159391ns5:LeaseholdImprovements2024-02-012025-01-3113159391ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-3113159391ns5:PatentsTrademarksLicencesConcessionsSimilar2024-02-012025-01-3113159391ns5:PatentsTrademarksLicencesConcessionsSimilar2025-01-3113159391ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-3113159391ns5:PlantMachinery2024-01-3113159391ns5:PlantMachinery2024-02-012025-01-3113159391ns5:PlantMachinery2025-01-3113159391ns5:PlantMachinery2024-01-3113159391ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3113159391ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113159391ns10:OrdinaryShareClass12025-01-3113159391ns10:OrdinaryShareClass22025-01-31
REGISTERED NUMBER: 13159391 (England and Wales)















BLD DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


BLD DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: P R Lean
C R Lean





REGISTERED OFFICE: Cotesbach House
Main Street
Cotesbach
Leicestershire
LE17 4HX





REGISTERED NUMBER: 13159391 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT
Page 1
BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Entitlements 4 - -
Property, plant and equipment 5 - 12,389
- 12,389

CURRENT ASSETS
Inventories 925,000 2,263,686
Debtors 6 5,966 90,169
Cash at bank 491 133
931,457 2,353,988
CREDITORS
Amounts falling due within one year 7 1,471,297 1,810,462
NET CURRENT (LIABILITIES)/ASSETS (539,840 ) 543,526
TOTAL ASSETS LESS CURRENT LIABILITIES (539,840 ) 555,915

CAPITAL AND RESERVES
Called up share capital 8 546,500 546,500
Retained earnings (1,086,340 ) 9,415
SHAREHOLDERS' FUNDS (539,840 ) 555,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:





C R Lean - Director


The notes form part of these financial statements

Page 2
BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

BLD Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

Intangible assets
Intangible assets consist of entitlements to the basic payment. The entitlements are recognised at fair value and written off on a straight line basis as the scheme ended on 31 December 2019.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Inventories
Inventories are stated at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving stock.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The accounts are prepared on a going concern basis with the support of the directors, financers and creditors.

Exceptional items
The inventories have been written down to £925,000, the fair value of the the remaining property. This has resulted in a significant loss in the year as the costs incurred in development were in excess of £2,000,000.

Page 3 continued...
BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Entitlements
£   
COST
At 1 February 2024 4,807
Disposals (4,807 )
At 31 January 2025 -
AMORTISATION
At 1 February 2024 4,807
Eliminated on disposal (4,807 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2024 12,642
Disposals (12,642 )
At 31 January 2025 -
DEPRECIATION
At 1 February 2024 253
Eliminated on disposal (253 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 12,389

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 5,000 -
Other debtors 143 17,380
Tax 823 -
Prepayments - 72,789
5,966 90,169

Page 4 continued...
BLD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 13159391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 1,163,421 1,385,979
Trade creditors 66,992 195,442
Taxation - 823
Directors' current accounts 235,809 223,517
Accrued expenses 5,075 4,701
1,471,297 1,810,462

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares £1 100 100
546,400 Redeemable preference shares £1 546,400 546,400
546,500 546,500

Page 5