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REGISTERED NUMBER: 09332089 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

BLUEJAY DEVELOPMENTS LIMITED

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUEJAY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: J L Stone





REGISTERED OFFICE: Holly Tree Farm
Kidmore Lane
Kidmore End
Reading
Berkshire
RG4 9AX





REGISTERED NUMBER: 09332089 (England and Wales)

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,164 16,210

CURRENT ASSETS
Stocks 5 254,407 239,064
Debtors 6 125,654 175,625
Cash at bank 6,554 16,948
386,615 431,637
CREDITORS
Amounts falling due within one year 7 75,838 76,317
NET CURRENT ASSETS 310,777 355,320
TOTAL ASSETS LESS CURRENT
LIABILITIES

319,941

371,530

CREDITORS
Amounts falling due after more than one
year

8

2,712

5,415
NET ASSETS 317,229 366,115

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 317,129 366,015
SHAREHOLDERS' FUNDS 317,229 366,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 2 November 2023 and were signed by:





J L Stone - Director


BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Bluejay Developments Ltd is a private company, limited by shares, registered in UK. The company's registered number is 09332089 and the registered office address is Holly tree farm, Kidmore lane, Kidmore end, Reading,UK, RG4 9AX.

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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 receivable for the developed land and/or property sold in the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost

Stocks
Stocks comprise the cost of wholly or partly completed building projects at the balance sheet date. They are valued at cost, net of VAT.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

2. ACCOUNTING POLICIES - continued

Financial assets and liabilities
Trade and other debtors are initially recognised at transaction price and are subsequently remeasured to amortised cost using the effective interest method, less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost
less impairment losses for bad and doubtful debts.

Loans receivable are measured initially at fair value, net of transaction costs, and non-current loans receivable are subsequently remeasured to amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents comprise cash at bank and in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within current liabilities.

Trade and other creditors are initially recognised at transaction price and are subsequently remeasured to amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Loans payable are measured initially at fair value, net of transaction costs, and non-current loans payable are subsequently remeasured to amortised cost using the effective interest method.

Going concern
The director is not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022
and 31 May 2023 1,047 27,444 739 29,230
DEPRECIATION
At 1 June 2022 1,047 11,973 - 13,020
Charge for year - 6,861 185 7,046
At 31 May 2023 1,047 18,834 185 20,066
NET BOOK VALUE
At 31 May 2023 - 8,610 554 9,164
At 31 May 2022 - 15,471 739 16,210

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 20,449
DEPRECIATION
At 1 June 2022 10,224
Charge for year 5,112
At 31 May 2023 15,336
NET BOOK VALUE
At 31 May 2023 5,113
At 31 May 2022 10,225

5. STOCKS
31.5.23 31.5.22
£    £   
Work-in-progress 254,407 239,064

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed by group undertakings 120,483 169,683
Other debtors 4,157 5,050
VAT 133 166
Called up share capital not paid 96 96
Prepayments and accrued income 785 630
125,654 175,625

BLUEJAY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09332089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Hire purchase contracts 2,703 2,460
Trade creditors 704 -
Tax - 10,004
Social security and other taxes 400 30
Pension liability 211 71
Other creditors 10,000 -
Directors' current accounts 59,536 61,597
Accruals and deferred income 2,284 2,155
75,838 76,317

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.23 31.5.22
£    £   
Hire purchase contracts 2,712 5,415