The Black Swan Idridgehay Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10788158 (England and Wales)

THE BLACK SWAN IDRIDGEHAY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr T M Tomlinson

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

10788158 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

620,000

CREDITORS

Amounts falling due within one year

5

640,535

527,334

NET CURRENT LIABILITIES

(640,535

)

(527,334

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,535

)

92,666

CREDITORS

Amounts falling due after more than one
year

6

(153,357

)

(216,141

)

PROVISIONS FOR LIABILITIES

(26,028

)

(26,028

)

NET LIABILITIES

(199,920

)

(149,503

)

CAPITAL AND RESERVES

Called up share capital

7

100

Revaluation reserve

8

139,878

Retained earnings

(339,898

)

(289,481

)

SHAREHOLDERS' FUNDS

(199,920

)

(149,503

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2026 and were signed by:

Mr T M Tomlinson - Director

1.	STATUTORY INFORMATION

The Black Swan Idridgehay 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

The valuation of freehold property is based on the last professional valuation less an impairment review carried out by the directors.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST OR VALUATION

At 1 October 2024

620,000

39,870

17,470

204

677,544

Additions

4,250

-

4,250

Impairments

(4,250

)

-

(4,250

)

At 30 September 2025

620,000

39,870

17,470

204

677,544

DEPRECIATION

At 1 October 2024

and 30 September 2025

-

39,870

17,470

204

57,544

NET BOOK VALUE

At 30 September 2025

620,000

-

620,000

At 30 September 2024

620,000

-

620,000

Included in cost or valuation of land and buildings is freehold land of £ 65,000 (2024 - £ 65,000 ) which is not depreciated.

Cost or valuation at 30 September 2025 is represented by:

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Valuation in 2025

620,000

39,870

17,470

204

677,544

If freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

497,893

474,630

Aggregate depreciation

70,053

61,395

Value of land in freehold land and buildings

65,000

Freehold property was valued on an open market basis on 30 September 2025 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

16,345

14,815

Other loans

66,000

4,800

Trade creditors

7,259

23,480

Amounts owed to group undertakings

498,030

435,817

VAT

49,671

45,347

Accruals and deferred income

3,230

3,075

640,535

527,334

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 2-5 years

26,894

23,040

Bank loans >5 yr (instalments)

-

8,202

Other loans - 2-5 years

126,463

19,200

Other loans more 5yrs instal

-

165,699

153,357

216,141

Amounts falling due in more than five years:

Repayable by instalments

Bank loans >5 yr (instalments)

-

8,202

Other loans more 5yrs instal

-

165,699

-

173,901

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

8.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

139,878

9.	RELATED PARTY DISCLOSURES

At the year end the company owed £498,030 (2024: £435,817) to related parties.