BLC Properties Limited - Accounts to registrar (filleted) - small 18.2

BLC Properties Limited - Accounts to registrar (filleted) - small 18.2

BLC PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 09894651 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

BLC PROPERTIES LIMITED
BLC PROPERTIES LIMITED (REGISTERED NUMBER: 09894651)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLC PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTORS: Miss D Chandler
Miss B Chandler





REGISTERED OFFICE: 1 Hackney Road
London
London
E2 7NX





REGISTERED NUMBER: 09894651 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF
Page 1
BLC PROPERTIES LIMITED (REGISTERED NUMBER: 09894651)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 844,445 790,997

CURRENT ASSETS
Cash at bank and in hand 6,360 26,143

CREDITORS
Amounts falling due within one year 4 472,464 392,936
NET CURRENT LIABILITIES (466,104 ) (366,793 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
378,341
424,204

CREDITORS
Amounts falling due after more than one year 5 464,657 488,605
NET LIABILITIES (86,316 ) (64,401 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (86,416 ) (64,501 )
SHAREHOLDERS' FUNDS (86,316 ) (64,401 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 2 continued...
BLC PROPERTIES LIMITED (REGISTERED NUMBER: 09894651)

BALANCE SHEET - continued
31 JANUARY 2018


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 23 October 2018 and were signed on its behalf by:





Miss D Chandler - Director


The notes form part of these financial statements

Page 3
BLC PROPERTIES LIMITED (REGISTERED NUMBER: 09894651)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018

1. STATUTORY INFORMATION

BLC Properties 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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 4 continued...
BLC PROPERTIES LIMITED (REGISTERED NUMBER: 09894651)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2017 790,997
Additions 53,448
At 31 January 2018 844,445
NET BOOK VALUE
At 31 January 2018 844,445
At 31 January 2017 790,997

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 17,847 11,747
Amounts owed to group undertakings 452,981 379,589
Directors' current accounts 736 -
Accrued expenses 900 1,600
472,464 392,936

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans - 1-2 years 17,847 17,847
Bank loans - 2-5 years 53,541 53,541
Bank loans more 5 yr by instal 393,269 417,217
464,657 488,605

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 393,269 417,217

Page 5