Blakwater Limited,Ltd - AccountsLtd - Accounts

Blakwater Limited,Ltd - AccountsLtd - Accounts

BLAKWATER LIMITED - Company Information

Print Friendly Version

2021-09-01 04869894 2022-08-31 04869894 2021-09-01 2022-08-31 04869894 2021-08-31 04869894 2020-09-01 2021-08-31 04869894 uk-core:WithinOneYear 2021-08-31 04869894 uk-core:WithinOneYear 2022-08-31 04869894 uk-core:AfterOneYear 2021-08-31 04869894 uk-core:AfterOneYear 2022-08-31 04869894 uk-core:ShareCapital 2022-08-31 04869894 uk-core:ShareCapital 2021-08-31 04869894 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 04869894 uk-core:RetainedEarningsAccumulatedLosses 2021-08-31 04869894 uk-bus:Director1 2021-09-01 2022-08-31 04869894 uk-core:CommercialMotorVehicles 2021-09-01 2022-08-31 04869894 uk-core:ToolsEquipment 2021-09-01 2022-08-31 04869894 uk-core:ToolsEquipment 2021-08-31 04869894 uk-core:CommercialMotorVehicles 2021-08-31 04869894 uk-core:CommercialMotorVehicles 2022-08-31 04869894 uk-core:ToolsEquipment 2022-08-31 iso4217:GBP xbrli:pure 04869894 uk-bus:AuditExemptWithAccountantsReport 2021-09-01 2022-08-31 04869894 uk-bus:FRS102 2021-09-01 2022-08-31 04869894 uk-bus:FullAccounts 2021-09-01 2022-08-31 04869894 uk-bus:PrivateLimitedCompanyLtd 2021-09-01 2022-08-31
Blakwater Limited
Registered Number:04869894
For the year ended 31 August 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2022
Blakwater Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
Registered Number :
04869894
As at 31 August 2022
Blakwater Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
37,849
32,215
2
37,849
32,215
Current assets
Trade and other receivables
4,147
13,299
3
3,254
Cash and cash equivalents
27,370
40,669
7,401
Trade and other payables: amounts falling due within
one year
(11,573)
(26,136)
4
(4,172)
14,533
Net current assets
Total assets less current liabilities
52,382
28,043
Trade and other payables: amounts falling due after
more than one year
(1,179)
-
5
(4,595)
(2,955)
Provisions for liabilities
47,787
Net assets
23,909
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
46,787
22,909
47,787
23,909
Shareholders' funds
For the year ended 31 August 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
04869894
For the year ended 31 August 2022
Blakwater Limited
Statement of Financial Position Continued
Mr Damian Paul Blakemore Director
These financial statements were approved and authorised for issue by the Board on 12 October 2022 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 August 2022
Blakwater Limited
Notes to the Financial Statements
Statutory Information
Blakwater Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04869894.
Principal place of business:
52 School Road
West Walton
Wisbech
Downham Market
PE14 7ES
Registered address:
Belmont House
20 King Street
Thetford
Norfolk
IP24 2AP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
3 of 5
6
For the year ended 31 August 2022
Blakwater Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor
vehicles
£
£
£
Cost or
valuation
At 01 September 2021
77,148
43,989
33,159
12,925
12,925
-
Additions
At 31 August 2022
33,159
56,914
90,073
Provision for depreciation and impairment
At 01 September 2021
44,933
23,429
21,504
Charge for year
7,291
4,376
2,915
At 31 August 2022
52,224
27,805
24,419
At 31 August 2022
Net book value
8,740
29,109
37,849
At 31 August 2021
11,655
20,560
32,215
3. Trade and other receivables
2021
2022
£
£
Trade debtors
13,299
3,799
Other debtors
-
348
4,147
13,299
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Taxation and social security
18,846
1,754
Other creditors
7,290
9,819
26,136
11,573
5. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Other creditors
-
1,179
4 of 5
7
For the year ended 31 August 2022
Blakwater Limited
Notes to the Financial Statements Continued
6. Guarantees and other financial commitments
Lease commitments
At 31 August 2022 the company had annual commitments under non-cancellable operating leases as set
out below:
2021
£
2022
£
Operating leases which expire:
6,879
5,316
Within 1 year
6,879
5,316
7. Average number of persons employed
During the year the average number of employees was 1 (2021 : 1)
5 of 5