REGISTERED NUMBER: 11735291 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Blackfen Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Alexander

REGISTERED OFFICE:

257 Blackfen Road

Sidcup

Kent

DA15 8PR

REGISTERED NUMBER:

11735291 (England and Wales)

FIXED ASSETS

Intangible assets

4

91,042

22,215

Tangible assets

5

7,039

1,264

98,081

23,479

CURRENT ASSETS

Debtors

6

-

2,368

Cash at bank

171,915

70,974

171,915

73,342

CREDITORS

Amounts falling due within one year

7

111,913

32,975

NET CURRENT ASSETS

60,002

40,367

TOTAL ASSETS LESS CURRENT LIABILITIES

158,083

63,846

PROVISIONS FOR LIABILITIES

1,760

354

NET ASSETS

156,323

63,492

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

156,322

63,491

156,323

63,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2026 and were signed by:

Mr K Alexander - Director

1.	STATUTORY INFORMATION

Blackfen Property 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

25% on straight line basis

Computer equipment

-

33% on straight line basis

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

31,736

Additions

80,000

At 31 December 2025

111,736

AMORTISATION

At 1 January 2025

9,521

Amortisation for year

11,173

At 31 December 2025

20,694

NET BOOK VALUE

At 31 December 2025

91,042

At 31 December 2024

22,215

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

656

2,446

3,102

Additions

7,600

1,298

8,898

At 31 December 2025

8,256

3,744

12,000

DEPRECIATION

At 1 January 2025

492

1,346

1,838

Charge for year

2,064

1,059

3,123

At 31 December 2025

2,556

2,405

4,961

NET BOOK VALUE

At 31 December 2025

5,700

1,339

7,039

At 31 December 2024

164

1,100

1,264

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

(7,242

)

Directors' current accounts

-

9,610

-

2,368

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

2,333

Trade creditors

2,066

(42

)

Amounts owed to group undertakings

19,841

13,177

Tax

35,123

11,479

VAT

2,250

4,308

Directors' current accounts

50,722

-

Accruals and deferred income

1,911

1,720

111,913

32,975

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr K Alexander

Balance outstanding at start of year

9,610

(46,458

)

Amounts advanced

19,667

75,268

Amounts repaid

(80,000

)

(19,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(50,723

)

9,610

9.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £19,843.93 Creditor (2024: £13,179.71) was owed to Jalech Ltd. Mr K Alexander is a director and shareholder. Interest of £Nil (2024:Nil) was charged during the year.