Silverfin false 31/03/2023 01/10/2022 31/03/2023 Mrs L Thompson 17/09/2021 26 September 2023 The principal activity of the Company during the financial year was that of a holding company. 13627858 2023-03-31 13627858 bus:Director1 2023-03-31 13627858 2022-09-30 13627858 core:CurrentFinancialInstruments 2023-03-31 13627858 core:CurrentFinancialInstruments 2022-09-30 13627858 core:ShareCapital 2023-03-31 13627858 core:ShareCapital 2022-09-30 13627858 core:RevaluationReserve 2023-03-31 13627858 core:RevaluationReserve 2022-09-30 13627858 core:RetainedEarningsAccumulatedLosses 2023-03-31 13627858 core:RetainedEarningsAccumulatedLosses 2022-09-30 13627858 core:CostValuation 2022-09-30 13627858 core:AdditionsToInvestments 2023-03-31 13627858 core:CostValuation 2023-03-31 13627858 bus:OrdinaryShareClass1 2023-03-31 13627858 2022-10-01 2023-03-31 13627858 bus:FullAccounts 2022-10-01 2023-03-31 13627858 bus:SmallEntities 2022-10-01 2023-03-31 13627858 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-03-31 13627858 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-03-31 13627858 bus:Director1 2022-10-01 2023-03-31 13627858 2021-09-17 2022-09-30 13627858 bus:OrdinaryShareClass1 2022-10-01 2023-03-31 13627858 bus:OrdinaryShareClass1 2021-09-17 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13627858 (England and Wales)

BLEUHILLS HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period from 01 October 2022 to 31 March 2023
Pages for filing with the registrar

BLEUHILLS HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period from 01 October 2022 to 31 March 2023

Contents

BLEUHILLS HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2023
BLEUHILLS HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023 30.09.2022
£ £
Fixed assets
Investment property 3 1,000,000 0
Investments 4 30,100 0
1,030,100 0
Current assets
Cash at bank and in hand 5 0 1
0 1
Creditors: amounts falling due within one year 6 ( 30,000) 0
Net current (liabilities)/assets (30,000) 1
Total assets less current liabilities 1,000,100 1
Provision for liabilities ( 63,947) 0
Net assets 936,153 1
Capital and reserves
Called-up share capital 7 100 1
Revaluation reserve 367,075 0
Profit and loss account 568,978 0
Total shareholder's funds 936,153 1

For the financial period ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Bleuhills Holdings Limited (registered number: 13627858) were approved and authorised for issue by the Director on 26 September 2023. They were signed on its behalf by:

Mrs L Thompson
Director
BLEUHILLS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2022 to 31 March 2023
BLEUHILLS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 October 2022 to 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Bleuhills Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Milkwood House Jon Davey Drive, Treleigh Industrial Estate, Redruth, TR16 4AX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

Period from
01.10.2022 to
31.03.2023
Period from
17.09.2021 to
30.09.2022
Number Number
Monthly average number of persons employed by the Company during the period, including the director 0 0

3. Investment property

Investment property
£
Valuation
As at 01 October 2022 0
Additions 568,978
Fair value movement 431,022
As at 31 March 2023 1,000,000

Valuation

The investment property has been valued by the director.

4. Fixed asset investments

Investments in subsidiaries

31.03.2023
£
Cost
At 01 October 2022 0
Additions 30,100
At 31 March 2023 30,100
Carrying value at 31 March 2023 30,100
Carrying value at 30 September 2022 0

5. Cash and cash equivalents

31.03.2023 30.09.2022
£ £
Cash at bank and in hand 0 1

6. Creditors: amounts falling due within one year

31.03.2023 30.09.2022
£ £
Amounts owed to Group undertakings 30,000 0

7. Called-up share capital

31.03.2023 30.09.2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each (30.09.2022: 1 share of £ 1.00 ) 100 1