Registration number: 12500573

Blaco Property Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Blaco Property Ltd

Company Information

Directors

Mr CA Colborn Ms Emilie Bladon

Registered office

222 Wolverton Road Blakelands Milton Keynes MK14 5AB

Accountants

Veracitas Financial Consultants Ltd 20 Wenlock Road London N1 7GU

Blaco Property Ltd

(Registration number: 12500573)
Balance Sheet as at 5 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	197,614	197,652
Current assets
Cash at bank and in hand		3,790	607
Creditors: Amounts falling due within one year	5	(520)	(300)
Net current assets		3,270	307
Total assets less current liabilities		200,884	197,959
Creditors: Amounts falling due after more than one year	5	(199,824)	(201,422)
Net assets/(liabilities)		1,060	(3,463)
Capital and reserves
Called up share capital	6	2	2
Retained earnings		1,058	(3,465)
Shareholders' funds/(deficit)		1,060	(3,463)

For the financial year ending 5 September 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 May 2026 and signed on its behalf by:
 

......................................... Mr CA Colborn Director

......................................... Ms Emilie Bladon Director

Blaco Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 5 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
222 Wolverton Road
Blakelands
Milton Keynes
MK14 5AB

These financial statements were authorised for issue by the Board on 14 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Blaco Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 5 September 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Blaco Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 5 September 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Total £
Cost or valuation
At 6 September 2024	197,500	359	197,859
At 5 September 2025	197,500	359	197,859
Depreciation
At 6 September 2024	-	207	207
Charge for the year	-	38	38
At 5 September 2025	-	245	245
Carrying amount
At 5 September 2025	197,500	114	197,614
At 5 September 2024	197,500	152	197,652

Included within the net book value of land and buildings above is £197,500 (2024 - £197,500) in respect of freehold land and buildings.
 

Blaco Property Ltd

Notes to the Unaudited Financial Statements for the Year Ended 5 September 2025

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	221	-
Accruals and deferred income	300	300
Other creditors	(1)	-
	520	300

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	199,824	201,422

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	148,125	148,125
Other borrowings	51,699	53,297
	199,824	201,422