REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 APRIL 2022 TO 30 APRIL 2023 |
FOR |
BLUES PROPERTY WARKWORTH LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
21 APRIL 2022 TO 30 APRIL 2023 |
FOR |
BLUES PROPERTY WARKWORTH LIMITED |
BLUES PROPERTY WARKWORTH LIMITED (REGISTERED NUMBER: 14060763) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 APRIL 2022 TO 30 APRIL 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BLUES PROPERTY WARKWORTH LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 21 APRIL 2022 TO 30 APRIL 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
10 Jesus Lane |
Cambridge |
Cambridgeshire |
CB5 8BA |
BLUES PROPERTY WARKWORTH LIMITED (REGISTERED NUMBER: 14060763) |
BALANCE SHEET |
30 APRIL 2023 |
Notes | £ |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Share premium |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
BLUES PROPERTY WARKWORTH LIMITED (REGISTERED NUMBER: 14060763) |
BALANCE SHEET - continued |
30 APRIL 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BLUES PROPERTY WARKWORTH LIMITED (REGISTERED NUMBER: 14060763) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 21 APRIL 2022 TO 30 APRIL 2023 |
1. | STATUTORY INFORMATION |
Blues Property Warkworth Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Development costs classified under the balance sheet heading of 'Stocks' are stated at total costs incurred, net of amounts transferred to the profit and loss account in respect of work carried out to date. |
Financial instruments |
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to group undertakings |
BLUES PROPERTY WARKWORTH LIMITED (REGISTERED NUMBER: 14060763) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 21 APRIL 2022 TO 30 APRIL 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loan | 1,657,037 |
The bank loan in other creditors is secured by a fixed and floating charge over the property in development. |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordianry A | £1 | 850 |
Ordinary B | £1 | 100 |
Ordinary C | £1 | 50 |
1,000 |
The following shares were issued during the period for cash at par : |
750 Ordianry A shares of £1 |
100 Ordinary B shares of £1 |
50 Ordinary C shares of £1 |