REGISTERED NUMBER: 01823038 (England and Wales)

BLAIR ESTATES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr N Bleier

Mr J S Bleier

Mr B Bleier

Mr I Mett

SECRETARY:

Mr J S Bleier

REGISTERED OFFICE:

Unit 3

Edge Business Centre

Humber Road

London

NW2 6EW

REGISTERED NUMBER:

01823038 (England and Wales)

ACCOUNTANTS:

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

FIXED ASSETS

Tangible assets

5

112,970

116,960

Investments

6

1,761,857

1,748,503

Investment property

7

878,738

878,738

2,753,565

2,744,201

CURRENT ASSETS

Debtors

8

2,928,938

2,925,057

Cash at bank

1,133,630

1,191,186

4,062,568

4,116,243

CREDITORS

Amounts falling due within one year

9

841,142

1,153,136

NET CURRENT ASSETS

3,221,426

2,963,107

TOTAL ASSETS LESS CURRENT LIABILITIES

5,974,991

5,707,308

PROVISIONS FOR LIABILITIES

10

57,793

58,391

NET ASSETS

5,917,198

5,648,917

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

268,750

268,750

Retained earnings

5,648,348

5,380,067

SHAREHOLDERS' FUNDS

5,917,198

5,648,917

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 August 2026 and were signed on its behalf by:

Mr N Bleier - Director

1.	STATUTORY INFORMATION

Blair Estates 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the historical cost basis, as modified to include investment properties measured at fair value through profit or loss.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis.

Turnover

Turnover is recognised at the fair value of the consideration receivable in respect of services provided in the normal course of business. The turnover of the company is represented by rents and charges receivable in respect of the company's investment portfolio. Rental income is accounted for on an accruals basis.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

101,000

448,441

549,441

DEPRECIATION

At 1 December 2024

-

432,481

432,481

Charge for year

-

3,990

3,990

At 30 November 2025

-

436,471

436,471

NET BOOK VALUE

At 30 November 2025

101,000

11,970

112,970

At 30 November 2024

101,000

15,960

116,960

6.	FIXED ASSET INVESTMENTS

Syndicates

£

COST

At 1 December 2024

1,748,503

Additions

66,552

Disposals

(53,198

)

At 30 November 2025

1,761,857

NET BOOK VALUE

At 30 November 2025

1,761,857

At 30 November 2024

1,748,503

7.	INVESTMENT PROPERTY

Total

£

COST

At 1 December 2024

and 30 November 2025

1,202,038

DEPRECIATION

At 1 December 2024

and 30 November 2025

323,300

NET BOOK VALUE

At 30 November 2025

878,738

At 30 November 2024

878,738

The fair value of the investment properties has been arrived at on the basis of a valuation carried out by the company's directors who have the experience and expertise required to undertake such an exercise. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties in the same location.

The historical cost of investment properties at 30 November 2025 is £654,738.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

10,924

7,043

Other debtors

2,918,014

2,918,014

2,928,938

2,925,057

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,891

15,076

Taxation and social security

163,681

164,945

Other creditors

666,570

973,115

841,142

1,153,136

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

57,793

58,391

Deferred

tax

£

Balance at 1 December 2024

58,391

Credit to Profit and Loss Account during year

(598

)

Balance at 30 November 2025

57,793

Deferred tax arises from the revaluation of investment properties and accelerated capital allowances.