REGISTERED NUMBER: 04250338 (England and Wales)

Blakestone Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R H Lampon

Mrs A F Lampon-Monk

Miss J R F Lampon

Mr J H Lampon

SECRETARY:

Mrs A F Lampon-Monk

REGISTERED OFFICE:

Lovetts Farm

Wheelers Lane

Hadlow Down

Uckfield

East Sussex

TN22 4HR

REGISTERED NUMBER:

04250338 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Investment property

4

1,665,000

1,665,000

CURRENT ASSETS

Debtors

5

22,115

22,114

Cash at bank and in hand

34,976

12,509

57,091

34,623

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

416,783

174,705

NET CURRENT LIABILITIES

(359,692

)

(140,082

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,305,308

1,524,918

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

7

(90,750

)

(323,200

)

PROVISIONS FOR LIABILITIES

(127,518

)

(127,518

)

NET ASSETS

1,087,040

1,074,200

CAPITAL AND RESERVES

Called up share capital

9

23,373

23,373

Share premium

209,238

209,238

Fair value reserve

10

777,176

777,176

Retained earnings

77,253

64,413

SHAREHOLDERS' FUNDS

1,087,040

1,074,200

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

Mr R H Lampon - Director

1.	STATUTORY INFORMATION

Blakestone 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.

Turnover

Turnover represents rent receivable from tenants and is recognised on an accruals basis.

Investment property

Investment properties are shown at fair value at each reporting date. Any aggregate surplus or deficit arising for changes in fair value is recognised in the Profit and Loss Account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,665,000

NET BOOK VALUE

At 31 October 2025

1,665,000

At 31 October 2024

1,665,000

If investment properties had not been revalued they would have been included at their historical cost of £760,306 (2024 - £760,306).

Investment properties were valued on a fair value basis on 31 October 2025 by R H Lampon, a director of the company.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

22,115

22,114

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

237,079

-

Taxation and social security

3,354

844

Other creditors

176,350

173,861

416,783

174,705

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

90,750

323,200

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

327,829

323,200

Borrowings are secured over certain of the company's investment properties together with a fixed and floating charge over the company's assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

23,373

Ordinary

£1

23,373

23,373

10.

RESERVES

Fair

value

reserve

£

At 1 November 2024

and 31 October 2025

777,176

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed a director who holds a participating interest £6,202 (2024 - £4,032).

At the balance sheet date, the company was owed £21,394 (2024 - £21,394) by a company in which a director holds a participating interest. The company also owed £162,823 (2024 - £162,823) to another company in which the director holds a participating interest.

These loans are unsecured, interest free and repayable on demand.

12.	POST BALANCE SHEET EVENTS

Following the year end, the company carried out a refinancing of lending secured on property owned by the company. The new lending was agreed on more favourable terms and is due to be repaid on or by December 2030.