REGISTERED NUMBER: 01882327 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BLACKWELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Perry

P M Stanley

REGISTERED OFFICE:

Mr R Perry

3 Malthouse Road

Tipton

West Midlands

DY4 9AE

REGISTERED NUMBER:

01882327 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Intangible assets

4

-

-

Investment property

5

510,000

510,000

510,000

510,000

CURRENT ASSETS

Debtors

6

298,306

297,121

Cash at bank

-

800

298,306

297,921

CREDITORS

Amounts falling due within one year

7

415,006

419,643

NET CURRENT LIABILITIES

(116,700

)

(121,722

)

TOTAL ASSETS LESS CURRENT LIABILITIES

393,300

388,278

PROVISIONS FOR LIABILITIES

9

36,778

36,778

NET ASSETS

356,522

351,500

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

214,877

214,877

Retained earnings

141,545

136,523

SHAREHOLDERS' FUNDS

356,522

351,500

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 July 2026 and were signed on its behalf by:

R W Perry - Director

1.	STATUTORY INFORMATION

Blackweld 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.

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.

Intangible fixed assets and amortisation

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

Amortisation is provided at the following rates:

Goodwill - Over 20 years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Rent receivable

Rental Income is credited to the profit and loss account as and when the amount falls due.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 November 2024

and 31 October 2025

200

Amortisation

At 1 November 2024

and 31 October 2025

200

Net book value

At 31 October 2025

-

At 31 October 2024

-

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 November 2024

and 31 October 2025

510,000

Net book value

At 31 October 2025

510,000

At 31 October 2024

510,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2018

251,655

Cost

258,345

510,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by related parties

293,481

293,480

Other debtors

4,825

3,641

298,306

297,121

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to related parties

413,828

419,471

Corporation tax

1,178

172

415,006

419,643

8.	SECURED DEBTS

The bank loans and overdrafts falling due within one year and falling due in greater than one year are secured by the company.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

36,778

36,778

Deferred

tax

£

Balance at 1 November 2024

36,778

Balance at 31 October 2025

36,778

10.	CONTINGENT LIABILITIES

Blackweld Limited and its fellow subsidiaries of TWP Manufacturing Limited are cross guaranteeing the 10 year bank loan In TWP Manufacturing Limited 2025: £153,445 (2024: £191,092).

Blackweld Limited, its fellow subsidiaries and its holding company has cross guaranteed the factoring loan in Threeway Pressing Limited (a fellow subsidiary) for 2025: £562,103 (2024: £557,345).

11.	ULTIMATE CONTROLLING PARTY

TWP Manufacturing Limited's directors are now the ultimate controlling party.