Blanchards Inheritance Ltd - Accounts to registrar (filleted) - small 18.2

Blanchards Inheritance Ltd - Accounts to registrar (filleted) - small 18.2

BLANCHARDS INHERITANCE LTD - Company Information

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REGISTERED NUMBER: 11696757 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

26 NOVEMBER 2018 TO 31 MARCH 2020

FOR

BLANCHARDS INHERITANCE LTD
BLANCHARDS INHERITANCE LTD (REGISTERED NUMBER: 11696757)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 NOVEMBER 2018 TO 31 MARCH 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

BLANCHARDS INHERITANCE LTD

COMPANY INFORMATION
FOR THE PERIOD 26 NOVEMBER 2018 TO 31 MARCH 2020







DIRECTOR: Ms S E Blanchard





REGISTERED OFFICE: 42A High Street
Broadstairs
Kent
CT10 1JT





REGISTERED NUMBER: 11696757 (England and Wales)





ACCOUNTANTS: Kemps Accounting Solutions Limited
Chartered Accountants
42A High Street
Broadstairs
Kent
CT10 1JT
Page 1
BLANCHARDS INHERITANCE LTD (REGISTERED NUMBER: 11696757)

BALANCE SHEET
31 MARCH 2020

Notes £    £   
FIXED ASSETS
Intangible assets 4 -
Tangible assets 5 633
633

CURRENT ASSETS
Stocks 114,768
Cash at bank and in hand 22,186
136,954
CREDITORS
Amounts falling due within one year 6 74,640
NET CURRENT ASSETS 62,314
TOTAL ASSETS LESS CURRENT
LIABILITIES
62,947

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 62,847
SHAREHOLDERS' FUNDS 62,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
BLANCHARDS INHERITANCE LTD (REGISTERED NUMBER: 11696757)

BALANCE SHEET - continued
31 MARCH 2020


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 approved by the director and authorised for issue on 10 August 2020 and were signed by:





Ms S E Blanchard - Director


The notes form part of these financial statements

Page 3
BLANCHARDS INHERITANCE LTD (REGISTERED NUMBER: 11696757)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 NOVEMBER 2018 TO 31 MARCH 2020

1. STATUTORY INFORMATION

Blanchards Inheritance Ltd 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.

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.

Patents and licences have been fully amortised in the current year.

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 - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

Page 4 continued...
BLANCHARDS INHERITANCE LTD (REGISTERED NUMBER: 11696757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 NOVEMBER 2018 TO 31 MARCH 2020

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 20 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 7,579
At 31 March 2020 7,579
AMORTISATION
Charge for period 7,579
At 31 March 2020 7,579
NET BOOK VALUE
At 31 March 2020 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,304
At 31 March 2020 1,304
DEPRECIATION
Charge for period 671
At 31 March 2020 671
NET BOOK VALUE
At 31 March 2020 633

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 43,941
Other creditors 30,699
74,640

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BLANCHARDS INHERITANCE LTD

The following reproduces the text of the report prepared for the director 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 Director are
not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Blanchards Inheritance Ltd for the period ended 31 March 2020 which comprise the Income Statement, Balance Sheet
and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Blanchards Inheritance Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blanchards Inheritance Ltd and state those matters that we have agreed to state to the director of Blanchards Inheritance Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blanchards Inheritance Ltd and its director for our work or for this report.

It is your duty to ensure that Blanchards Inheritance Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blanchards Inheritance Ltd. You consider that Blanchards Inheritance Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Blanchards Inheritance Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kemps Accounting Solutions Limited
Chartered Accountants
42A High Street
Broadstairs
Kent
CT10 1JT


10 August 2020

This page does not form part of the statutory financial statements

Page 6