BLAIN PROPERTY INVESTMENTS LTD


Directors	BLAIN, Edward Carlo Manning
	BLAIN, Matthew Nicholas Sonny
	BLAIN, Thomas Christopher Douglas
	WEINGART, Clodagh Mary Dorothea


Registered Address	Gate Cottage
	Monaughty
	Knighton
	LD7 1NS


Registered Number	12469855 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		861,667		861,667
			861,667		861,667
Current assets
Debtors	4	1,900		400
Cash at bank and on hand		40,065		92,857
		41,965		93,257
Creditors amounts falling due within one year	5	(164,076)		(224,809)
Net current assets (liabilities)			(122,111)		(131,552)
Total assets less current liabilities			739,556		730,115
Creditors amounts falling due after one year	6		(606,425)		(601,361)
Provisions for liabilities	7		(17,254)		(17,254)
Net assets			115,877		111,500
Capital and reserves
Called up share capital			400		400
Revaluation reserve			51,763		51,763
Profit and loss account			63,714		59,337
Shareholders' funds			115,877		111,500

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 8 September 2026, and are signed on its behalf by:

WEINGART, Clodagh Mary Dorothea
Director
Registered Company No. 12469855

BLAIN PROPERTY INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The financial statements have been prepared on a going concern basis.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 April 25	861,667
	At 31 March 26	861,667

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	400	400
Prepayments and accrued income	1,500	-
Total	1,900	400

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	1,015	8,186
Other creditors	162,012	215,212
Accrued liabilities and deferred income	1,049	1,411
Total	164,076	224,809

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	606,425	601,361
Total	606,425	601,361

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	17,254	17,254
Total	17,254	17,254

8.	Related party transactions
	As at the balance sheet date the company owed its directors £158,819 (2025: £213,112). No interest is charged and the amount is repayable in full on demand.