REGISTERED NUMBER: 10802694 (England and Wales)

Unaudited Financial Statements

for the Period

1 July 2024 to 27 June 2025

for

Blinc Investments Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

T R Bletcher

Mrs R H Bletcher

REGISTERED OFFICE:

30 Victoria Avenue

Harrogate

HG1 5PR

REGISTERED NUMBER:

10802694 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blinc Investments Limited for the period ended 27 June 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Blinc Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blinc Investments Limited and state those matters that we have agreed to state to the Board of Directors of Blinc Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blinc Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Blinc Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blinc Investments Limited. You consider that Blinc Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Blinc Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

13 August 2026

FIXED ASSETS

Tangible assets

4

50,000

-

Investments

5

30,213,935

26,680,714

30,263,935

26,680,714

CURRENT ASSETS

Debtors

6

123,633

20,214

Cash at bank

875,706

2,911,850

999,339

2,932,064

CREDITORS

Amounts falling due within one year

7

2,266,017

282,701

NET CURRENT (LIABILITIES)/ASSETS

(1,266,678

)

2,649,363

TOTAL ASSETS LESS CURRENT LIABILITIES

28,997,257

29,330,077

CREDITORS

Amounts falling due after more than one year

8

(19,415,297

)

(21,193,521

)

PROVISIONS FOR LIABILITIES

(1,513,969

)

(1,559,305

)

NET ASSETS

8,067,991

6,577,251

CAPITAL AND RESERVES

Called up share capital

300

300

Fair value reserve

9

4,451,238

4,677,914

Retained earnings

3,616,453

1,899,037

8,067,991

6,577,251

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 June 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 13 August 2026 and were signed on its behalf by:

T R Bletcher - Director

1.	STATUTORY INFORMATION

Blinc Investments 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.

Despite the fact the company has net current liabilities, the directors are of the opinion the company is a viable going concern entity, there are balances owed which are inter company balances and those business will support this entity if required and not demand repayment.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Listed Investments

Listed investments are initially recognised at cost, being the fair value of the consideration given, including any directly attributable transaction costs. Subsequent to initial recognition, listed investments are measured at fair value, determined by reference to the quoted market price at the reporting date. Changes in fair value, including both realised and unrealised gain and losses, are recognised in the profit and loss account in the period in which they arise.

Investment income, including dividends and interest receivable, is recognised in the profit and loss account when the company's right to receive payment is established.

Investments are classified as fixed asset investments where they are intended to be held on a long-term basis.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the period 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 period 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 period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Buildings

£

COST

Additions

50,000

At 27 June 2025

50,000

NET BOOK VALUE

At 27 June 2025

50,000

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 July 2024

200

26,680,514

26,680,714

Additions

306,842

13,629,345

13,936,187

Disposals

-

(10,221,625

)

(10,221,625

)

Revaluations

-

(181,341

)

(181,341

)

At 27 June 2025

307,042

29,906,893

30,213,935

NET BOOK VALUE

At 27 June 2025

307,042

29,906,893

30,213,935

At 30 June 2024

200

26,680,514

26,680,714

Cost or valuation at 27 June 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2023

-

70,090

70,090

Valuation in 2024

-

3,805,941

3,805,941

Valuation in 2025

-

(181,341

)

(181,341

)

Cost

307,042

26,212,203

26,519,245

307,042

29,906,893

30,213,935

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Bramall & Ogden Ltd

Registered office: 30 Victoria Avenue, Harrogate, north Yorkshire, HG1 5PR

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

The company owns 100% of Bramall & Ogden. At the year ended 27 June 2025, Braymarsh Ltd held 100% of the shares in Bramall & Ogden, Blinc investments Ltd holds 100% of the shares in Braymarsh Ltd.

Newlands Energy Ltd

Registered office: North moor Farm, Crowle, Scunthorpe, North Lincolnshire, DN17 4DA

Nature of business: Production of electricity

%

Class of shares:

holding

Ordinary A

100.00

Ordinary B

100.00

Braymarsh Ltd

Registered office: 30 Victoria Avenue, Harrogate, north Yorkshire, HG1 5PR

Nature of business: Non-trading company

%

Class of shares:

holding

Ordinary A

100.00

Ordinary B

100.00

The company owns 100% of the ordinary shares in Braymarsh Ltd. Braymarsh Ltd is a dormant holding company.

Investments are stated at market value as advised by the investment manager. Any unrealised gains and losses arising on the valuation of listed investments are taken to the revaluation reserve via the profit and loss account.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

123,633

20,214

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

28,411

9,600

Amounts owed to group undertakings

1,885,000

240,000

Taxation and social security

320,530

-

Other creditors

32,076

33,101

2,266,017

282,701

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

19,415,297

21,193,521

9.

RESERVES

Fair

value

reserve

£

At 1 July 2024

4,677,914

transfer to/from reserve

(226,676

)

At 27 June 2025

4,451,238

10.	RELATED PARTY DISCLOSURES

There is a balance owing of £1,885,000 at the year ended 27/06/2025 to Bramall and Ogden Ltd, a company connected to the Directors which is repayable on demand.

There is a balance owed from Newlands Energy Ltd, a company acquired in the year, at the year ended 27/06/25 of £123,633 which is also repayable on demand.