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REGISTERED NUMBER: 04990418 (England and Wales)















Unaudited Financial Statements

for the Period 30 June 2021 to 29 December 2022

for

Bluestone Property Investments Limited

Bluestone Property Investments Limited (Registered number: 04990418)






Contents of the Financial Statements
for the Period 30 June 2021 to 29 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bluestone Property Investments Limited

Company Information
for the Period 30 June 2021 to 29 December 2022







DIRECTOR: Mrs H V Ryder





SECRETARY: R M Ryder





REGISTERED OFFICE: 'Hiblings Farm'
Malton Road
Pickering
North Yorkshire
YO18 8EA





REGISTERED NUMBER: 04990418 (England and Wales)






Bluestone Property Investments Limited (Registered number: 04990418)

Balance Sheet
29 December 2022

29.12.22 29.6.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 231 294
Tangible assets 5 221,121 297,366
Investment property 6 1,125,733 1,125,733
1,347,085 1,423,393

CURRENT ASSETS
Stocks 101,810 365,462
Debtors 7 1,512 21,651
Cash at bank 116,891 9,859
220,213 396,972
CREDITORS
Amounts falling due within one year 8 916,107 873,623
NET CURRENT LIABILITIES (695,894 ) (476,651 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

651,191

946,742

CREDITORS
Amounts falling due after more than one
year

9

(23,480

)

(39,167

)

PROVISIONS FOR LIABILITIES (105,137 ) (135,599 )
NET ASSETS 522,574 771,976

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 522,472 771,874
522,574 771,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Bluestone Property Investments Limited (Registered number: 04990418)

Balance Sheet - continued
29 December 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:





Mrs H V Ryder - Director


Bluestone Property Investments Limited (Registered number: 04990418)

Notes to the Financial Statements
for the Period 30 June 2021 to 29 December 2022

1. STATUTORY INFORMATION

Bluestone Property Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sale of goods and services, excluding value added tax.

Revenue Recognition
Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on their fair value of the right to consideration at the balance sheet date. The value is included in debtors as Amounts Recoverable on Contracts.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on cost, 15% on reducing balance and 10% on reducing balance

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Bluestone Property Investments Limited (Registered number: 04990418)

Notes to the Financial Statements - continued
for the Period 30 June 2021 to 29 December 2022

2. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of costs and net realisable value, after making due allowance for obsolete and slow moving items. Overheads are charged to profit and loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which its related revenue is recognised. The amount of any write-down of stocks to net realisable value and losses of stocks are recognised as an expenses in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2021 - 4 ) .

Bluestone Property Investments Limited (Registered number: 04990418)

Notes to the Financial Statements - continued
for the Period 30 June 2021 to 29 December 2022

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 30 June 2021
and 29 December 2022 420
AMORTISATION
At 30 June 2021 126
Charge for period 63
At 29 December 2022 189
NET BOOK VALUE
At 29 December 2022 231
At 29 June 2021 294

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 June 2021 410,735
Additions 56,817
Disposals (106,192 )
At 29 December 2022 361,360
DEPRECIATION
At 30 June 2021 113,369
Charge for period 50,147
Eliminated on disposal (23,277 )
At 29 December 2022 140,239
NET BOOK VALUE
At 29 December 2022 221,121
At 29 June 2021 297,366

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 June 2021
and 29 December 2022 1,125,733
NET BOOK VALUE
At 29 December 2022 1,125,733
At 29 June 2021 1,125,733

Bluestone Property Investments Limited (Registered number: 04990418)

Notes to the Financial Statements - continued
for the Period 30 June 2021 to 29 December 2022

6. INVESTMENT PROPERTY - continued

Included in fair value of investment property is freehold land of £ 1,125,733 (2021 - £ 1,125,733 ) which is not depreciated.

Fair value at 29 December 2022 is represented by:
£   
Valuation in 2012 1,260,336
Valuation in 2016 (466,379 )
Cost 331,776
1,125,733

If following historic cost had not been revalued it would have been included at the following historical cost:

29.12.22 29.6.21
£    £   
Cost 389,029 389,029

Investment property was valued on an open market basis on 29 June 2021 by a director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.22 29.6.21
£    £   
Other debtors 1,512 21,651

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.22 29.6.21
£    £   
Bank loans and overdrafts 10,856 10,000
Trade creditors 232 20,564
Taxation and social security 23,761 19,198
Other creditors 881,258 823,861
916,107 873,623

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.12.22 29.6.21
£    £   
Bank loans 23,480 39,167

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.