Company Registration No. 04572685 (England and Wales)
Blakepoint Limited
Unaudited accounts
for the year ended 31 December 2025
Blakepoint Limited
Unaudited accounts
Contents
Blakepoint Limited
Company Information
for the year ended 31 December 2025
Directors
Mr J M H O'Donnell
Mr D Gelling
Company Number
04572685 (England and Wales)
Registered Office
Beta Works
1 Tong Street
Bradford
West Yorkshire
BD4 9PW
England
Blakepoint Limited
Statement of financial position
as at 31 December 2025
Tangible assets
1,003,364
1,023,531
Inventories
245,357
159,751
Cash at bank and in hand
21,595
35,859
Creditors: amounts falling due within one year
(667,834)
(1,182,679)
Net current assets
448,724
695,081
Total assets less current liabilities
1,452,088
1,718,612
Creditors: amounts falling due after more than one year
(738,660)
(237,500)
Provisions for liabilities
Deferred tax
(117,972)
(120,789)
Net assets
595,456
1,360,323
Called up share capital
12,000
12,000
Profit and loss account
583,456
1,348,323
Shareholders' funds
595,456
1,360,323
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Mr J M H O'Donnell
Director
Company Registration No. 04572685
Blakepoint Limited
Notes to the Accounts
for the year ended 31 December 2025
Blakepoint Limited is a private company, limited by shares, registered in England and Wales, registration number 04572685. The registered office is Beta Works, 1 Tong Street, Bradford, West Yorkshire, BD4 9PW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in pounds sterling.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land & buildings
1 % - Straight line basis
Plant & machinery
2.5% - Reducing balance basis
Motor vehicles
25% - Reducing balance basis
Fixtures & fittings
15% - Reducing balance basis
Blakepoint Limited
Notes to the Accounts
for the year ended 31 December 2025
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Blakepoint Limited
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
731,600
1,190,191
34,619
41,389
1,997,799
Additions
-
2,500
-
-
2,500
At 31 December 2025
731,600
1,192,691
34,619
41,389
2,000,299
At 1 January 2025
201,190
713,141
25,101
34,836
974,268
Charge for the year
7,316
11,989
2,379
983
22,667
At 31 December 2025
208,506
725,130
27,480
35,819
996,935
At 31 December 2025
523,094
467,561
7,139
5,570
1,003,364
At 31 December 2024
530,410
477,050
9,518
6,553
1,023,531
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
463,698
472,014
- Motor vehicles
7,138
9,518
Amounts falling due within one year
Trade debtors
588,463
442,976
Amounts due from group undertakings etc.
179,352
1,216,359
Accrued income and prepayments
13,908
22,815
Blakepoint Limited
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
48,840
617,227
Obligations under finance leases and hire purchase contracts
75,000
75,000
Trade creditors
162,945
138,096
Taxes and social security
173,262
228,620
Other creditors
8,446
61,677
Other creditors include advances from an invoice discounting company of £nil (2024: £55,212) relating to assigned trade book debts of £588,463.
The hire purchase contracts are secured on the assets concerned.
Bank loans include a loan which is secured by way of a fixed charge over specific fixed assets of the company.
Invoice discounting balances are secured by way of a fixed and floating charge over the assets of the company.
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
162,500
237,500
Aggregate of amounts that fall due for payment after five years
477,214
-
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £581 (2024: £670) were due to the fund. They are included in other creditors.
9
Average number of employees
During the year the average number of employees was 29 (2024: 25).