ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due after more than one year

BLAZE HOLDCO LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-31true0Balmoral Group Holdings Limited2021-01-01falseInternediate holding company owning 100% of Blaze Manufaturing Services Limited.0true SC648936 2021-01-01 2022-03-31 SC648936 2020-01-01 2020-12-31 SC648936 2022-03-31 SC648936 2020-12-31 SC648936 c:Director3 2021-01-01 2022-03-31 SC648936 c:Director4 2021-01-01 2022-03-31 SC648936 d:CurrentFinancialInstruments 2022-03-31 SC648936 d:CurrentFinancialInstruments 2020-12-31 SC648936 d:Non-currentFinancialInstruments 2022-03-31 SC648936 d:Non-currentFinancialInstruments 2020-12-31 SC648936 d:ShareCapital 2022-03-31 SC648936 d:ShareCapital 2020-12-31 SC648936 d:SharePremium 2022-03-31 SC648936 d:SharePremium 2020-12-31 SC648936 c:OrdinaryShareClass1 2021-01-01 2022-03-31 SC648936 c:OrdinaryShareClass1 2020-01-01 2020-12-31 SC648936 c:OrdinaryShareClass1 2022-03-31 SC648936 c:OrdinaryShareClass1 2020-12-31 SC648936 c:OrdinaryShareClass2 2021-01-01 2022-03-31 SC648936 c:OrdinaryShareClass2 2020-01-01 2020-12-31 SC648936 c:OrdinaryShareClass2 2022-03-31 SC648936 c:OrdinaryShareClass2 2020-12-31 SC648936 c:OrdinaryShareClass3 2021-01-01 2022-03-31 SC648936 c:OrdinaryShareClass3 2020-01-01 2020-12-31 SC648936 c:OrdinaryShareClass3 2022-03-31 SC648936 c:OrdinaryShareClass3 2020-12-31 SC648936 c:FRS102 2021-01-01 2022-03-31 SC648936 c:Audited 2021-01-01 2022-03-31 SC648936 c:FullAccounts 2021-01-01 2022-03-31 SC648936 c:PrivateLimitedCompanyLtd 2021-01-01 2022-03-31 SC648936 c:SmallCompaniesRegimeForAccounts 2021-01-01 2022-03-31 SC648936 6 2021-01-01 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC648936

BLAZE HOLDCO LIMITED

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2022


BLAZE HOLDCO LIMITED

CONTENTS

	Page
Directors' responsibilities statement	1
Balance sheet	2
Notes to the financial statements	3 - 5


BLAZE HOLDCO LIMITED

DIRECTORS' RESPONSIBILITIES STATEMENT

FOR THE PERIOD ENDED 31 MARCH 2022

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgements and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements and other information included in Directors' reports may differ from legislation in other jurisdictions.

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BLAZE HOLDCO LIMITED REGISTERED NUMBER:SC648936

BALANCE SHEET

AS AT 31 MARCH 2022

	31 March	31 December
	2022	2020
Note	£	£

Fixed assets
Investments	4		1,000,100		100
Current assets
Debtors: amounts falling due within one year	5	138		500,138
Total assets less current liabilities			1,000,238		500,238
Creditors: amounts falling due after more than one year	6		(500,000)		-
Net assets			500,238		500,238

Capital and reserves
Called up share capital	7	476	476
Share premium account		499,762	499,762
		500,238	500,238

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

WE Main	H Johnson
Director	Director

Date: 14 December 2022

The notes on pages 3 to 5 form part of these financial statements.

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BLAZE HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2022

1.	General information

Blaze Holdco Limited (the 'Company') is a Company limited by shares and incorporated and domiciled in the UK. The registered number is SC648936 and the registered address is Blaze House, Laurencekirk Business Park, Laurencekirk, Aberdeenshire, Scotland, AB30 1EY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

2.3

Going concern

The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons:

As an intermediary holding company, the Company does not trade. Included within creditors is amounts due to group undertakings of £500,000 (2021 Debtor - £500,138). The ultimate parent company, Balmoral Group Holdings Limited, has confirmed that it will continue to provide financial support to the Company and this balance will not be called for repayment until there is suitable levels of working capital available. Accordingly the directors believe it is appropriate to continue to prepare the accounts on a going concern basis.

2.4

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2020 - £NIL).

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BLAZE HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2022

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2021	100
	Additions	1,000,000
	At 31 March 2022	1,000,100

On 26 March 2021, Blaze Manufacturing Solutions Limited issued a further 1,000,000 shares, all of which the Company purchased on the same date to retain 100% of the share capital.

Debtors

					31 March	31 December
					2022	2020
					£	£


Amounts owed by group undertakings	138	500,138

	Amounts owed to group undertakings	500,000	-

Amounts owed to group undertakings are not under a formal lending arrangement and are therefore effectively repayable on demand, however the parent entity has signaled it's intention to continue to provide financial support for the Company which includes not calling for repayment of the amounts owed (note 2.3). Accordingly, the directors consider it appropriate to classify the balance as being due in greater than one year.

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BLAZE HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2022

Allotted, called up and fully paid

10,200 (2020 - 10,200) A Ordinary share shares of £0.01 each	102	102
23,800 (2020 - 23,800) B Ordinary share shares of £0.01 each	238	238
13,600 (2020 - 13,600) C Ordinary share shares of £0.01 each	136	136

	476	476

8.	Ultimate parent company

The Company's ultimate parent company is Balmoral Group Holdings Limited, a company registered in Scotland. The registered office of Balmoral Group Holdings Limited is Balmoral Park, Loirston, Aberdeen, AB12 3GY.

The smallest and largest group in which the results of the Company are consolidated is that headed by Balmoral Group Holdings Limited. The consolidated accounts of this group are available to the public and may be obtained from the Registrar of Companies, 139 Fountainbridge, Edinburgh, EH3 9FF. No other group accounts include the results of the Company.

9.	Auditor's information

The auditor's report on the financial statements for the period ended 31 March 2022 was unqualified.

The audit report was signed on 14 December 2022 by Derek Mair (Senior statutory auditor) on behalf of Anderson Anderson & Brown Audit LLP.

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