Company registration number SC140770 (Scotland)
BLAKE STEVENSON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
BLAKE STEVENSON LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
BLAKE STEVENSON LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
608
1,493
Current assets
Work in progress
1,508
1,429
Debtors
4
104,288
98,386
105,796
99,815
Creditors: amounts falling due within one year
5
(85,876)
(88,363)
Net current assets
19,920
11,452
Total assets less current liabilities
20,528
12,945
Creditors: amounts falling due after more than one year
6
(2,717)
(12,079)
Provisions for liabilities
(152)
(381)
Net assets
17,659
485
Capital and reserves
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss reserves
17,559
385
Total equity
17,659
485

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

BLAKE STEVENSON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 18 June 2026 and are signed on its behalf by:
Ms O Ibe
Director
Company Registration No. SC140770
BLAKE STEVENSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Blake Stevenson Limited is a private company limited by shares incorporated in Scotland. The registered office is 22 Stafford Street, Edinburgh, EH3 7BD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

In addition, the accounts have been prepared on a going concern basis. The directors have reviewed the future contracts and prospects for the company and they consider that it is appropriate for the accounts to be prepared on this basis.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for professional consultancy and research services, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% Straight line
Fixtures, fittings & equipment
20% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

BLAKE STEVENSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet 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 debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of 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 deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

BLAKE STEVENSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Where material t he cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11

Work in progress

Where the outcome of a contract can be estimated reliably revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

The "percentage of completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.

BLAKE STEVENSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2024
14,504
Additions
101
At 30 September 2025
14,605
Depreciation and impairment
At 1 October 2024
13,011
Depreciation charged in the year
986
At 30 September 2025
13,997
Carrying amount
At 30 September 2025
608
At 30 September 2024
1,493
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
23,997
18,898
Other debtors
80,291
79,488
104,288
98,386
BLAKE STEVENSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
18,590
15,185
Trade creditors
4,250
6,180
Corporation tax
24,825
18,659
Other taxation and social security
7,980
10,397
Other creditors
30,231
37,942
85,876
88,363
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,717
12,079
2025-09-30 2024-10-01 false false false 18 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Ms J Lambert Ms O Ibe SC140770 2024-10-01 2025-09-30 SC140770 2025-09-30 SC140770 2024-09-30 SC140770 core:OtherPropertyPlantEquipment 2025-09-30 SC140770 core:OtherPropertyPlantEquipment 2024-09-30 SC140770 core:CurrentFinancialInstruments 2025-09-30 SC140770 core:CurrentFinancialInstruments 2024-09-30 SC140770 core:Non-currentFinancialInstruments 2025-09-30 SC140770 core:Non-currentFinancialInstruments 2024-09-30 SC140770 core:ShareCapital 2025-09-30 SC140770 core:ShareCapital 2024-09-30 SC140770 core:CapitalRedemptionReserve 2025-09-30 SC140770 core:CapitalRedemptionReserve 2024-09-30 SC140770 core:RetainedEarningsAccumulatedLosses 2025-09-30 SC140770 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC140770 bus:Director2 2024-10-01 2025-09-30 SC140770 core:PlantMachinery 2024-10-01 2025-09-30 SC140770 core:FurnitureFittings 2024-10-01 2025-09-30 SC140770 2023-10-01 2024-09-30 SC140770 core:OtherPropertyPlantEquipment 2024-09-30 SC140770 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 SC140770 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 SC140770 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 SC140770 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC140770 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC140770 bus:FRS102 2024-10-01 2025-09-30 SC140770 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 SC140770 bus:Director1 2024-10-01 2025-09-30 SC140770 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP