BLACKNESS LANE LIMITED

BLACKNESS LANE LIMITED

BLACKNESS LANE LIMITED - Company Information

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BLACKNESS LANE LIMITED

Company Registration Number:
09990087 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2020

Period of accounts

Start date: 01 October 2019

End date: 30 September 2020

BLACKNESS LANE LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2020

Balance sheet
Notes

BLACKNESS LANE LIMITED

Balance sheet

As at 30 September 2020


Notes
2020
14 months to 30 September 2019


£
£
Fixed assets
Intangible assets: 3 25,450 25,450
Tangible assets: 4 227 303
Investments: 5 1,295,800 1,295,050
Total fixed assets: 1,321,477 1,320,803
Current assets
Debtors:   12,268 64,674
Cash at bank and in hand: 35,400 53,088
Total current assets: 47,668 117,762
Creditors: amounts falling due within one year: 6 (1,366,479) (1,407,488)
Net current assets (liabilities): (1,318,811) (1,289,726)
Total assets less current liabilities: 2,666 31,077
Total net assets (liabilities): 2,666 31,077
Capital and reserves
Called up share capital: 100 100
Share premium account: 900 900
Profit and loss account: 1,666 30,077
Shareholders funds: 2,666 31,077

The notes form part of these financial statements

BLACKNESS LANE LIMITED

Balance sheet statements

For the year ending 30 September 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 May 2021
and signed on behalf of the board by:

Name: A Whibley
Status: Director

The notes form part of these financial statements

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

2. Employees

2020 14 months to 30 September 2019
Average number of employees during the period 2 2

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

3. Intangible Assets

Total
Cost £
At 01 October 2019 25,450
At 30 September 2020 25,450
Net book value
At 30 September 2020 25,450
At 30 September 2019 25,450

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

4. Tangible Assets

Total
Cost £
At 01 October 2019 404
At 30 September 2020 404
Depreciation
At 01 October 2019 101
Charge for year 76
At 30 September 2020 177
Net book value
At 30 September 2020 227
At 30 September 2019 303

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

5. Fixed investments

Amortisation is provided on intangible where considered necessary to write off the cost over expected useful life.Fixed assets are depreciated over their expected economic life: depreciation rate is currently 25% reducing balance.

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

6. Creditors: amounts falling due within one year note

Creditors falling due within one yearTrade Creditors 203Amounts owed to Group Undertakings 1,335,344Taxation and social security 12,682Accruals and deferred income 18,250Total 1,366,479

BLACKNESS LANE LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

7. Related party transactions

The company had the following loans outstanding from related parties: Parent SubsidiaryStart of period 192,792 1,131,737Advanced 10,815 0End of period 203,607 1,131,738