BL Finance (NI) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: NI066815 (Northern Ireland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BL FINANCE (NI) LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

P Bunting

N Bunting

SECRETARY:

P Bunting

REGISTERED OFFICE:

Office Four,

4 Bingham Street

Bangor

Co. Down

BT20 5DW

REGISTERED NUMBER:

NI066815 (Northern Ireland)

ACCOUNTANTS:

Baker Tilly Mooney Moore

17 Clarendon Road

Belfast

BT1 3BG

BANKERS:

Bank of Ireland

1 Donegall Square South

Belfast

Co. Antrim

BT1 5LR

FIXED ASSETS

Tangible assets

4

262

1,117

Investment property

5

349,466

349,728

350,583

CURRENT ASSETS

Debtors

6

213,100

249,168

Cash at bank

42,725

48,603

255,825

297,771

CREDITORS

Amounts falling due within one year

7

54,563

77,207

NET CURRENT ASSETS

201,262

220,564

TOTAL ASSETS LESS CURRENT
LIABILITIES

550,990

571,147

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

550,890

571,047

SHAREHOLDERS' FUNDS

550,990

571,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 15 October 2026 and were signed on its behalf by:

P Bunting - Director

1.	STATUTORY INFORMATION

BL Finance (NI) Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In preparing these financial statements the directors have made the following judgements and estimates:

Recoverability of Debtors

Estimates are made in respect of the recoverable value of trade debtors. When assessing the level of provisions required, factors considered include current experience of debtor book, historical rates of non-recoverability and the ageing profile of debtors. See note 8 for the net carrying amount of debtors.

Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. See note 6 for the carrying amount of the tangible assets.

Turnover

Turnover represents the amount of loan interest charged in the year less a reserve for interest unearned.

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% Straight Line

Computer Equipment - 33% Straight Line

Motor Vehicles - 25% Reducing Balance

Taxation

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

Financial instruments - assets

The company has financial assets which it classifies as Trade Debtors. These assets are receivable within one year and have been measured at the undiscounted amount of the cash or other consideration expected to be received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

& equipment

equipment

Totals

£

COST

At 1 April 2025

and 31 March 2026

1,323

20,155

21,478

DEPRECIATION

At 1 April 2025

1,323

19,038

20,361

Charge for year

-

855

At 31 March 2026

1,323

19,893

21,216

NET BOOK VALUE

At 31 March 2026

-

262

At 31 March 2025

-

1,117

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

349,466

NET BOOK VALUE

At 31 March 2026

349,466

At 31 March 2025

349,466

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

210,819

247,047

Prepayments

2,281

2,121

213,100

249,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors & Accruals

4,043

4,061

Tax

49,173

61,709

Social security and other taxes

(499

)

670

Directors' current accounts

1,846

10,767

54,563

77,207

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

100

Ordinary

£1

100

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr & Mrs Bunting.