Blatt Holdings Limited - Accounts to registrar (filleted) - small 18.2

Blatt Holdings Limited - Accounts to registrar (filleted) - small 18.2

BLATT HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 10526664 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 March 2020

for

Blatt Holdings Limited
Blatt Holdings Limited (Registered number: 10526664)






Contents of the Financial Statements
for the Year Ended 30 March 2020




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Blatt Holdings Limited

Company Information
for the Year Ended 30 March 2020







DIRECTOR: M R Hubbard



REGISTERED OFFICE: The Production House
The Boulevard
Stoke on Trent
Staffordshire
ST6 6DW



REGISTERED NUMBER: 10526664 (England and Wales)



ACCOUNTANTS: Mitten Clarke Limited
Festival Way,
Festival Park,
Stoke-on-Trent,
ST1 5SQ.
Page 1
Blatt Holdings Limited (Registered number: 10526664)

Statement of Financial Position
30 March 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Investments 4 125 125

CURRENT ASSETS
Debtors 5 107,553 86,118
Cash at bank 27 317
107,580 86,435
CREDITORS
Amounts falling due within one year 6 111,423 87,957
NET CURRENT LIABILITIES (3,843 ) (1,522 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,718 ) (1,397 )

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings (3,821 ) (1,500 )
(3,718 ) (1,397 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2020 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 4 January 2021 and were signed by:





M R Hubbard - Director


The notes form part of these financial statements

Page 2
Blatt Holdings Limited (Registered number: 10526664)

Notes to the Financial Statements
for the Year Ended 30 March 2020

1. STATUTORY INFORMATION

Blatt Holdings 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.

The financial statements cover the company as an individual entity and are presented in Pounds Sterling (£) being the functional currency.

The financial statements have been prepared on a going concern basis on the assumption that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have made this assessment with regard to the company’s current and expected performance. Particular consideration has been given to the impact of the Coronavirus on the company's ability to operate for the foreseeable future.

Preparation of consolidated financial statements
The financial statements contain information about Blatt Holdings 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial assets and liabilities are initially measured at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax, if applicable. 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

Page 3 continued...
Blatt Holdings Limited (Registered number: 10526664)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2020

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 March 2019
and 30 March 2020 125
NET BOOK VALUE
At 30 March 2020 125
At 30 March 2019 125

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 107,553 86,118

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other creditors 111,423 87,957

7. POST BALANCE SHEET EVENTS

In March 2020 the UK was impacted by the outbreak of the Coronavirus. In order to manage the spread of the virus the Government has imposed significant restrictions on the movement of people and the ability of businesses to continue to trade. This event occurred during the company's reporting period and so is considered to be an adjusting event, however there has been no significant impact on the results to March 2021.

The Coronavirus has resulted in a severe contraction of the UK economy and the imposition of social distancing rules has meant that demand for the company's services has been slightly impacted.

The director is not able to make a reliable estimate of the financial impact of the Coronavirus outbreak in the reporting period to 31 March 2021, although there are no concerns about the future viability of the company, for the reasons stated in the directors report.

Page 4