Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 false 09156607 2025-05-31 true 2024-06-01 false 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09156607 2024-06-01 2025-05-31 09156607 2023-06-01 2024-05-31 09156607 2025-05-31 09156607 2024-05-31 09156607 2024-06-01 09156607 c:Director1 2024-06-01 2025-05-31 09156607 d:CurrentFinancialInstruments 2025-05-31 09156607 d:CurrentFinancialInstruments 2024-05-31 09156607 d:Non-currentFinancialInstruments 2025-05-31 09156607 d:Non-currentFinancialInstruments 2024-05-31 09156607 d:Non-currentFinancialInstruments 1 2025-05-31 09156607 d:Non-currentFinancialInstruments 1 2024-05-31 09156607 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 09156607 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09156607 d:Non-currentFinancialInstruments d:AfterOneYear 2025-05-31 09156607 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 09156607 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-05-31 09156607 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 09156607 d:ShareCapital 2025-05-31 09156607 d:ShareCapital 2024-05-31 09156607 d:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 09156607 d:RetainedEarningsAccumulatedLosses 2025-05-31 09156607 d:RetainedEarningsAccumulatedLosses 2024-05-31 09156607 c:OrdinaryShareClass1 2024-06-01 2025-05-31 09156607 c:OrdinaryShareClass1 2025-05-31 09156607 c:OrdinaryShareClass1 2024-05-31 09156607 c:PreferenceShareClass1 2024-06-01 2025-05-31 09156607 c:PreferenceShareClass1 2025-05-31 09156607 c:PreferenceShareClass1 2024-05-31 09156607 c:FRS102 2024-06-01 2025-05-31 09156607 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09156607 c:FullAccounts 2024-06-01 2025-05-31 09156607 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09156607 d:Subsidiary1 2024-06-01 2025-05-31 09156607 d:Subsidiary1 1 2024-06-01 2025-05-31 09156607 d:Subsidiary2 2024-06-01 2025-05-31 09156607 d:Subsidiary2 1 2024-06-01 2025-05-31 09156607 d:Subsidiary3 2024-06-01 2025-05-31 09156607 d:Subsidiary3 1 2024-06-01 2025-05-31 09156607 d:Subsidiary4 2024-06-01 2025-05-31 09156607 d:Subsidiary4 1 2024-06-01 2025-05-31 09156607 d:Subsidiary5 2024-06-01 2025-05-31 09156607 d:Subsidiary5 1 2024-06-01 2025-05-31 09156607 d:Subsidiary6 2024-06-01 2025-05-31 09156607 d:Subsidiary6 1 2024-06-01 2025-05-31 09156607 d:Subsidiary7 2024-06-01 2025-05-31 09156607 d:Subsidiary7 1 2024-06-01 2025-05-31 09156607 d:Subsidiary8 2024-06-01 2025-05-31 09156607 d:Subsidiary8 1 2024-06-01 2025-05-31 09156607 d:Subsidiary9 2024-06-01 2025-05-31 09156607 d:Subsidiary9 1 2024-06-01 2025-05-31 09156607 d:Subsidiary10 2024-06-01 2025-05-31 09156607 d:Subsidiary10 1 2024-06-01 2025-05-31 09156607 d:Subsidiary11 2024-06-01 2025-05-31 09156607 d:Subsidiary11 1 2024-06-01 2025-05-31 09156607 d:Subsidiary12 2024-06-01 2025-05-31 09156607 d:Subsidiary12 1 2024-06-01 2025-05-31 09156607 2 2024-06-01 2025-05-31 09156607 6 2024-06-01 2025-05-31 09156607 f:PoundSterling 2024-06-01 2025-05-31 09156607 d:EntityControlledByKeyManagementPersonnel1 d:SaleOrPurchaseGoods 2024-06-01 2025-05-31 09156607 d:EntityControlledByKeyManagementPersonnel2 d:SaleOrPurchaseGoods 2024-06-01 2025-05-31 09156607 d:EntityControlledByKeyManagementPersonnel1 d:SaleOrPurchaseGoods 2025-05-31 09156607 d:EntityControlledByKeyManagementPersonnel2 d:SaleOrPurchaseGoods 2025-05-31 xbrli:shares iso4217:GBP xbrli:pure

Blackshaw Properties (2014) Limited Registered number: 09156607 Information for filing with the Registrar For the year ended 31 May 2025
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED REGISTERED NUMBER: 09156607 STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 93 |  | 93
|  |  | 93 |  | 93
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 21,398,403 |  | 23,531,980 |
Cash at bank and in hand | 7 | 237,507 |  | 8,693 |
|  | 21,635,910 |  | 23,540,673 |
Creditors: amounts falling due within one year | 8 | (845,778) |  | (19,546,397) |
Net current assets |  |  | 20,790,132 |  | 3,994,276
Total assets less current liabilities |  |  | 20,790,225 |  | 3,994,369
Creditors: amounts falling due after more than one year | 9 |  | (16,925,127) |  | (1)
Net assets |  |  | 3,865,098 |  | 3,994,368
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 93 |  | 93
Profit and loss account | 12 |  | 3,865,005 |  | 3,994,275
|  |  | 3,865,098 |  | 3,994,368
- 1 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED REGISTERED NUMBER: 09156607 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MAY 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 February 2026.
J S Brooksbank
Director
The notes on pages 3 to 11 form part of these financial statements. - 2 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
Blackshaw Properties (2014) Limited ("the Company") is a private company, limited by shares and registered in England and Wales, registered number 09156607. The address of the registered office is Clifton House, Birkby Lane, Bailiff Bridge, Brighouse, West Yorkshire, HD6 4JJ. The prinicpal activity of the Company is that of a Holding company. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3). These financial statements have been presented in pound sterling which is the functional currency of the Company, and rounded to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Going concern
The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern. The Company has the financial support of group and connected undertakings which ensures that the Company is able to meet all its working capital requirement.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. - 3 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. - 4 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.10 | Financial instruments (continued)
Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Basic financial liabilities 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 the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. - 5 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.10 | Financial instruments (continued)
Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
Critical judgements in applying the Company's accounting policies The critical judgements that the directors have made in the process of applying the Company's accounting policies that have the most significant effect on the statutory financial statements are discussed below. Assessing indicators of impairment In assessing whether there have been any indicators of impairment of assets, the directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience of recoverability. There have been no indicators of impairments identified during the current financial year. Key sources of estimation uncertainty Recoverability of debtors The Company establishes a provision for debtors that are estimated not to be recoverable. When assessing recoverability, the directors have considered factors such as the aging of the debtors, past experience of recoverability, and the credit profile of individual or groups of customers.
4. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
- 6 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 June 2024 | 93
| At 31 May 2025 | 93
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Class of shares | Holding
| J B Holdings (Trading) Limited | Ordinary | 100%
| Blackshaw Investment Group Limited | Ordinary | 100%
| Blackshaw Projects Limited* | Ordinary | 100%
| Blackshaw Landfill Limited* | Ordinary | 100%
| Blackshaw Leisure Parks Limited* | Ordinary | 100%
| Calverley Golf Club Limited* | Ordinary | 100%
| Blackshaw Quarries Limited* | Ordinary | 100%
| Blackshaw Holdings Limited* | Ordinary | 100%
| J & S Brooksbank LLP* | Ordinary | 100%
| BPC Yorkshire Limited* | Ordinary | 100%
| Westmoreland Group Limited* | Ordinary | 100%
| Westmoreland Homes Limited* | Ordinary | 100%
| Subsidiaries marked with a * are indirect undertakings of the Company. The registered office of all the above subsidiaries is Clifton House, Birkby Lane, Bailiff Bridge, Brighouse, West Yorkshire, HD6 4JJ.
- 7 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 20,468,189 | 22,600,983
| Amounts owed by connected undertakings | 930,140 | 930,140
| Other debtors | 74 | 857
|  | 21,398,403 | 23,531,980
| Amounts owed by group and connected undertakings are unsecured, interest free and repayable on demand.
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 237,507 | 8,693
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 16,075,126
| Other loan | 460,297 | 3,064,007
| Trade creditors | 3,182 | 462
| Amounts owed to connected undertakings | 375,289 | 400,000
| Accruals and deferred income | 7,010 | 6,802
|  | 845,778 | 19,546,397
| Amounts owed to connected undertakings are unsecured, interest free and repayable on demand. The director has given an all monies personal guarantee in respect of the other loan facility.
- 8 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loan | 16,925,126 | -
| Share capital treated as debt | 1 | 1
|  | 16,925,127 | 1
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | - | 16,075,126
| Other loan | 460,297 | 3,064,007
| Amounts falling due 1-2 years |  |
| Bank loan | 16,925,126 | -
|  | 17,385,423 | 19,139,133
| The bank loan is secured by way of a debenture, deposit agreement and omnibus guarantee and set-off agreement dated 23 December 2021 over the assets of the company and the assets of other members of the group. The director has given personal guarantees of £15m in respect of the bank loan facility.
- 9 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Shares classified as equity
|  | Allotted, called up and fully paid |  |
|  | 9,250 (2024 - 9,250) Ordinary shares of £0.01 each | 92.50 | 92.50
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Shares classified as debt
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Redeemable Preference share of £1.00 | 1.00 | 1.00
12. | Reserves
Profit & loss account The profit and loss account reserve represents cumulative profits and losses made by the Company to date.
13. | Contingent liabilities
The Company operates in a VAT group with various group companies. All companies are jointly and severally liable for an VAT amounts owing to HM Customs & Revenue. At 31 May 2025, the combined VAT liability, across all other companies, totalled £203,732 (2024: £218,676). - 10 -
|  | 09156607 31 May 2025
BLACKSHAW PROPERTIES (2014) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
14. | Related party transactions
| The Company is a wholly owned subsidiary of the group headed by Blackshaw Holdings (2014) Limited and as such has taken advantage of the exemption permitted by Section 33 'Related Party Disclosures' not to provide disclosures of transactions entered into with the parent company or other wholly owned subsidiaries within the group. During the year the Company received funds and loaned funds to related companies in which J S Brooksbank is also a director. At the year end, the following amounts were due from/(to) related parties:
|  | 2025 | 2024
|  | £ | £
| Brooksbank Family loan | (460,297) | (3,064,007)
| Entities under common control | 554,851 | 530,140
| The Brooksbank Family loan represents funds advanced to the Company by J S Brooksbank and family members of J S Brooksbank.
15. | Controlling party
The immediate and ultimate parent company is Blackshaw Holdings (2014) Limited, a company registered in England and Wales. There is no ultimate controlling party.
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