Company Registration No. 04360715 (England and Wales)
Blackwater Estates Limited
Unaudited accounts
for the year ended 31 March 2020
Blackwater Estates Limited
Unaudited accounts
Contents
Blackwater Estates Limited
Company Information
for the year ended 31 March 2020
Directors
Allan Taylor
Parag Patel
Company Number
04360715 (England and Wales)
Registered Office
3rd Floor Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Blackwater Estates Limited
Statement of financial position
as at
31 March 2020
Tangible assets
1,011,718
565,809
Cash at bank and in hand
107
961
Creditors: amounts falling due within one year
(445,048)
(414,547)
Net current liabilities
(197,805)
(182,178)
Total assets less current liabilities
813,913
383,631
Creditors: amounts falling due after more than one year
(870,000)
(406,046)
Net liabilities
(56,087)
(22,415)
Called up share capital
3
3
Profit and loss account
(56,090)
(22,418)
Shareholders' funds
(56,087)
(22,415)
For the year ending 31 March 2020 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 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2021 and were signed on its behalf by
Parag Patel
Director
Company Registration No. 04360715
Blackwater Estates Limited
Notes to the Accounts
for the year ended 31 March 2020
Blackwater Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 04360715. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
At 31 March 2020
1,011,718
At 31 March 2020
1,011,718
5
Debtors: amounts falling due within one year
2020
2019
Other debtors
247,136
231,408
Blackwater Estates Limited
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Other creditors
273,151
242,650
Loans from directors
170,997
170,997
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
870,000
406,046
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).