ACCOUNTS - Final Accounts

Registered number: 11601990

BLACKWALL PROPERTY (NO.1) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

BLACKWALL PROPERTY (NO.1) LIMITED

REGISTERED NUMBER: 11601990

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		425,614		689,921
Current assets
Debtors: amounts falling due within one year	5	107		-
Cash at bank and in hand	6	4,250		4,266
Creditors: amounts falling due within one year	7	(4,000)		(19,500)
Net current assets/(liabilities)			357		(15,234)
Total assets less current liabilities			425,971		674,687
Creditors: amounts falling due after more than one year	8		(413,500)		(661,400)

Net assets			12,471		13,287

Capital and reserves
Called up share capital	9	1	1
Profit and loss account		12,470	13,286
		12,471	13,287

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BLACKWALL PROPERTY (NO.1) LIMITED

REGISTERED NUMBER: 11601990

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 September 2026.

D J Godden

Director

The notes on pages 3 to 6 form part of these financial statements.

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BLACKWALL PROPERTY (NO.1) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Blackwall Property (No.1) Limited (“the Company”) is a company limited by shares, incorporated in England and Wales. Its registered office is 33 The Laurels, Manston Business Park, Ramsgate, England, CT12 5NQ.
The principal activity of the company is that of a property investment company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is measured at the fair value of consideration received or receivable and represents theamount receivable for services rendered, net of returns, discounts and rebates allowed by the Company and value added taxes.
The Company’s source of revenue is from rental income from investment properties. Revenue is recognised in the accounting period in which the services are rendered.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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BLACKWALL PROPERTY (NO.1) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.8

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.

2.9

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Employees
	The average monthly number of employees, including directors, during the year was 1 (2024 - 2).

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BLACKWALL PROPERTY (NO.1) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 January 2025	689,921
	Additions at cost	425,614
	Disposals	(689,921)
	At 31 December 2025	425,614

Debtors

					2025	2024
					£	£


Trade debtors	107	-

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	4,250	4,266

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	18,400
Amounts owed to group undertakings	4,000	1,100
	4,000	19,500

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BLACKWALL PROPERTY (NO.1) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Amounts owed to group undertakings	413,500	661,400

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

10.	Related party transactions
	At the year end the company owed its parent undertakings £417,500 (2024 - £662,500). During the year the company declared dividends of £75,000 (2024 - £Nil) to its parent undertaking.

11.	Controlling party

The ultimate parent entity is Lanrick Holdings Limited. The accounts of Lanrick Holdings Limited can be obtained from the Registrar of Companies at Companies House, Crown Way, Cardiff, CF14 3UZ.
The immediate undertaking is Blackwall Property Group Limited. The accounts of Blackwall Property Group Limited can be obtained from the Registrar of Companies at Companies house, Crown Way, Cardiff, CF14 3UZ.

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