Blyth Management Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01231895 (England and Wales)

Financial Statements for the Year Ended 31 October 2019

for

Blyth Management Services Limited

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

P Harris

L Horrocks

REGISTERED OFFICE:

Parkwood Works

Brooklands Close

Sunbury on Thames

Middlesex

TW16 7DX

REGISTERED NUMBER:

01231895 (England and Wales)

ACCOUNTANTS:

Lawrence Johns

164 Field End Road

Eastcote

Middlesex

HA5 1RH

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

We have performed certain procedures in respect of the company's unaudited financial statements for the year ended 31

October 2019 on pages four to ten, made enquiries of the company's directors and assessed accounting policies adopted

by the directors, in order to gather sufficient evidence for our conclusion in this report.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement.

Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile,

report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to

them in this report and for no other purpose.

You have acknowledged on the Balance Sheet as at 31 October 2019 your duty to ensure that the company has kept

proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act

2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

Lawrence Johns

164 Field End Road

Eastcote

Middlesex

HA5 1RH

13 February 2020

FIXED ASSETS

Tangible assets

4

161,700

169,400

Investments

5

208,843

208,843

370,543

378,243

CURRENT ASSETS

Debtors

6

540

540

Cash at bank

1,033,583

1,069,765

1,034,123

1,070,305

CREDITORS

Amounts falling due within one year

7

148,660

152,917

NET CURRENT ASSETS

885,463

917,388

TOTAL ASSETS LESS CURRENT LIABILITIES

1,256,006

1,295,631

CAPITAL AND RESERVES

Called up share capital

4,082

4,082

Share premium

237,484

237,484

Revaluation reserve

8

215,753

215,753

Retained earnings

798,687

838,312

SHAREHOLDERS' FUNDS

1,256,006

1,295,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 February 2020 and were signed on its behalf by:

P Harris - Director

1.	STATUTORY INFORMATION

Blyth Management Services 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.

Preparation of consolidated financial statements

The financial statements contain information about Blyth Management Services Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company is exempt

under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial

statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 November 2018

and 31 October 2019

385,000

DEPRECIATION

At 1 November 2018

215,600

Charge for year

7,700

At 31 October 2019

223,300

NET BOOK VALUE

At 31 October 2019

161,700

At 31 October 2018

169,400

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2018

and 31 October 2019

208,843

NET BOOK VALUE

At 31 October 2019

208,843

At 31 October 2018

208,843

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Trade debtors

540

540

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Amounts owed to group undertakings

126,628

126,628

Tax

-

5,262

Social security and other taxes

282

277

Accruals and deferred income

21,750

20,750

148,660

152,917

8.

RESERVES

Revaluation

reserve

£

At 1 November 2018

and 31 October 2019

215,753

9.	ULTIMATE CONTROLLING PARTY

The controlling party is as follows.

The D A Knapp Will Trust owns 26% of the share capital of Blyth Management Services Limited.

The D A Knapp Discretionary Settlement trust owns 24% of Blyth Management Services Limited.

The P A Knapp Discretionary Settlement trust owns 50% of Blyth Management Services Limited.