Company registration number SC688066 (Scotland)
BLUE BAY PROPERTY HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
BLUE BAY PROPERTY HOLDINGS LIMITED
COMPANY INFORMATION
Director
Ashley Sham
Company number
SC688066
Registered office
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
Accountants
Azets
10 Ardross Street
Inverness
United Kingdom
IV3 5NS
BLUE BAY PROPERTY HOLDINGS LIMITED
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
BLUE BAY PROPERTY HOLDINGS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
547,552
124,908
Current assets
65,350
4,635
Creditors: amounts falling due within one year
(322,621)
(48,470)
Net current liabilities
(257,271)
(43,835)
Total assets less current liabilities
290,281
81,073
Creditors: amounts falling due after more than one year
(332,065)
(85,445)
Net liabilities
(41,784)
(4,372)
Capital and reserves
(41,784)
(4,372)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year the director introduced £232,659 (2022 - £48,024) to the company and the company paid expenses on behalf of the director to the sum of £32,359 (2022 - £nil). Transactions with the director are conducted under normal business terms.

 

At the year end the company owed the director £248,324 (2022 - £48,024) which is included current liabilities.

 

The loans to the company have no fixed repayment term and no interest is charged.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
1
1

Blue Bay Property Holdings Limited is a private company limited by shares incorporated in Scotland. The registered office is 10 Ardross Street, Inverness, United Kingdom, IV3 5NS.

For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

BLUE BAY PROPERTY HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 29 November 2023
Ashley Sham
Director
Company registration number SC688066 (Scotland)
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