Blythevale Limited - Accounts to registrar (filleted) - small 18.1

Blythevale Limited - Accounts to registrar (filleted) - small 18.1

BLYTHEVALE LIMITED - Company Information

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REGISTERED NUMBER: 02828100 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 September 2017

for

Blythevale Limited
Blythevale Limited (Registered number: 02828100)

Contents of the Financial Statements
for the Year Ended 30 September 2017










Page

Balance Sheet 1

Notes to the Financial Statements 3


Blythevale Limited (Registered number: 02828100)

Balance Sheet
30 September 2017

30/9/17 30/9/16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 721 1,471
Investment property 5 1,652,575 1,652,575
1,653,296 1,654,046

CURRENT ASSETS
Debtors 6 28,913 34,789
Cash at bank 27,032 28,758
55,945 63,547
CREDITORS
Amounts falling due within one year 7 338,672 331,349
NET CURRENT LIABILITIES (282,727 ) (267,802 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,370,569
1,386,244

CREDITORS
Amounts falling due after more than one
year
8
(94,316
)
(132,326
)

PROVISIONS FOR LIABILITIES (116,208 ) (130,023 )
NET ASSETS 1,160,045 1,123,895

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,159,945 1,123,795
SHAREHOLDERS' FUNDS 1,160,045 1,123,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 1 continued...
Blythevale Limited (Registered number: 02828100)

Balance Sheet - continued
30 September 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27 June 2018 and were signed on its behalf by:





M J Ostroumoff - Director


The notes form part of these financial statements

Page 2
Blythevale Limited (Registered number: 02828100)

Notes to the Financial Statements
for the Year Ended 30 September 2017


1. STATUTORY INFORMATION

Blythevale Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address are as below:

Registered number: 02828100

Registered office: Greenlands Business Centre
Studley Road
Redditch
Worcestershire
B98 7HD

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention as modified by the revaluation of certain assets.

The directors consider the company to be a going concern and will ensure that the company has sufficient funds
to meet its liabilities and continues to have the necessary funds to continue trading for the foreseeable future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 year 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.

Page 3 continued...
Blythevale Limited (Registered number: 02828100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2016
and 30 September 2017 21,904
DEPRECIATION
At 1 October 2016 20,433
Charge for year 750
At 30 September 2017 21,183
NET BOOK VALUE
At 30 September 2017 721
At 30 September 2016 1,471

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2016
and 30 September 2017 1,652,575
NET BOOK VALUE
At 30 September 2017 1,652,575
At 30 September 2016 1,652,575

Fair value at 30 September 2017 is represented by:

£   
Valuation in 2007 1,281,713
Valuation in 2008 (356,023 )
Valuation in 2012 40,000
Cost 686,885
1,652,575

Page 4 continued...
Blythevale Limited (Registered number: 02828100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017


5. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

30/9/17 30/9/16
£    £   
Cost 686,885 686,885

Investment property was valued on a fair valuation basis on 30 September 2017 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/17 30/9/16
£    £   
Trade debtors 28,632 34,508
Other debtors 281 281
28,913 34,789

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/17 30/9/16
£    £   
Bank loans and overdrafts 36,995 36,995
Trade creditors 19,646 19,627
Amounts owed to group undertakings 185,709 185,709
Taxation and social security 9,267 9,725
Other creditors 87,055 79,293
338,672 331,349

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/17 30/9/16
£    £   
Bank loans 94,316 132,326

9. SECURED DEBTS

The following secured debts are included within creditors:

30/9/17 30/9/16
£    £   
Bank loans 131,311 169,321

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Burwax Ltd.

The company is a 100% subsidiary of Burwax Ltd, registered address, Greenlands Business, Studley Road,
Redditch, Worcestershire. B98 7HD

Page 5