Blencow Partnership Limited Filleted accounts for Companies House (small and micro)

BLENCOW PARTNERSHIP LIMITED - Company Information

0 false false false false false false false false false true false false false false false false No description of principal activity 2021-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 194,267 147,253 9,403 156,656 37,611 47,014 xbrli:pure xbrli:shares iso4217:GBP 07561769 2021-04-01 2022-03-31 07561769 2022-03-31 07561769 2021-03-31 07561769 2020-04-01 2021-03-31 07561769 2021-03-31 07561769 core:FurnitureFittings 2021-04-01 2022-03-31 07561769 bus:Director1 2021-04-01 2022-03-31 07561769 core:FurnitureFittings 2021-03-31 07561769 core:FurnitureFittings 2022-03-31 07561769 core:WithinOneYear 2022-03-31 07561769 core:WithinOneYear 2021-03-31 07561769 core:ShareCapital 2022-03-31 07561769 core:ShareCapital 2021-03-31 07561769 core:RetainedEarningsAccumulatedLosses 2022-03-31 07561769 core:RetainedEarningsAccumulatedLosses 2021-03-31 07561769 core:FurnitureFittings 2021-03-31 07561769 bus:Director1 2021-03-31 07561769 bus:Director1 2022-03-31 07561769 bus:Director1 2020-03-31 07561769 bus:Director1 2021-03-31 07561769 bus:Director1 2020-04-01 2021-03-31 07561769 bus:SmallEntities 2021-04-01 2022-03-31 07561769 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 07561769 bus:FullAccounts 2021-04-01 2022-03-31 07561769 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 07561769 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31

COMPANY REGISTRATION NUMBER: 07561769

Blencow Partnership Limited

Filleted Unaudited Financial Statements

31 March 2022

Blencow Partnership Limited

Statement of Financial Position

31 March 2022

	2022	2021
Note	£	£

Fixed assets

Tangible assets	4	37,611	47,014

Current assets

Debtors	5	11,817	8,801
Cash at bank and in hand		54,626	20,610
		------------	------------
		66,443	29,411

Creditors: amounts falling due within one year	6	( 162,590)	( 166,110)
		------------	------------
Net current liabilities		( 96,147)	( 136,699)
		------------	------------
Total assets less current liabilities		( 58,536)	( 89,685)
		------------	------------
Net liabilities		( 58,536)	( 89,685)
		------------	------------

Blencow Partnership Limited

Statement of Financial Position (continued)

31 March 2022

	2022	2021
Note	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 58,538)	( 89,687)
	------------	------------
Shareholders deficit	( 58,536)	( 89,685)
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 November 2022 , and are signed on behalf of the board by:

Mr C Rowley
Director

Company registration number: 07561769

Blencow Partnership Limited

Notes to the Financial Statements

Year ended 31 March 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 22b Lindfield Gardens, London, NW3 6PS, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 April 2021 and 31 March 2022	194,267	194,267
	------------	------------
Depreciation
At 1 April 2021	147,253	147,253
Charge for the year	9,403	9,403
	------------	------------
At 31 March 2022	156,656	156,656
	------------	------------
Carrying amount
At 31 March 2022	37,611	37,611
	------------	------------
At 31 March 2021	47,014	47,014
	------------	------------

5. Debtors

	2022	2021
	£	£
Other debtors	11,817	8,801
	------------	------------

6. Creditors: amounts falling due within one year

	2022	2021
	£	£
Wythriver Limited	15,000	14,999
Other creditors	147,590	151,111
	------------	------------
	162,590	166,110
	------------	------------

7. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2022
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr C Rowley	( 149,695)	6,251	( 143,444)
	------------	------------	------------

	2021
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr C Rowley	( 155,102)	5,407	( 149,695)
	------------	------------	------------

8. Related party transactions

The company was under the control of Mr C Rowley throughout the year. No transactions with related parties were undertaken such as are required to be disclosed under FRSSE.