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REGISTERED NUMBER: 13390074 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

BLUES PROPERTY KINGSTON LTD

BLUES PROPERTY KINGSTON LTD (REGISTERED NUMBER: 13390074)






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


BLUES PROPERTY KINGSTON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: I Purkiss
R W Dring
V Dring
W Lawson
A C McCallum





REGISTERED OFFICE: 98C Hartington Grove
Cambridge
Cambridgeshire
CB1 7UB





REGISTERED NUMBER: 13390074 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

BLUES PROPERTY KINGSTON LTD (REGISTERED NUMBER: 13390074)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 1,276,950 753,107
Debtors 5 224,352 16,794
Cash at bank 3,835 49,580
1,505,137 819,481
CREDITORS
Amounts falling due within one year 6 (762,575 ) (256,758 )
NET CURRENT ASSETS 742,562 562,723
TOTAL ASSETS LESS CURRENT LIABILITIES 742,562 562,723

CAPITAL AND RESERVES
Called up share capital 8 110 100
Share premium 774,890 574,900
Retained earnings (32,438 ) (12,277 )
SHAREHOLDERS' FUNDS 742,562 562,723

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 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 KINGSTON LTD (REGISTERED NUMBER: 13390074)

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:





I Purkiss - Director


BLUES PROPERTY KINGSTON LTD (REGISTERED NUMBER: 13390074)

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

1. STATUTORY INFORMATION

Blues Property Kingston Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Preparation of consolidated financial statements
The financial statements contain information about Blues Property Kingston Limited as an individual company and do not contain consolidated financial information as the parent of the group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements

4. EMPLOYEES AND DIRECTORS

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 219,505 2,208
Other debtors 4,847 14,586
224,352 16,794

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 710,764 210,363
Trade creditors 51,811 46,395
762,575 256,758

BLUES PROPERTY KINGSTON LTD (REGISTERED NUMBER: 13390074)

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

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 710,764 210,363

The bank loan is secured by way of a fixed charge over the assets of the company.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
90 Ordinary A £1 90 90
10 Ordinary C £1 10 -
100 90

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
10 Share capital 3 £1 10 10

The following shares were issued during the year:

10 Ordinary C shares of £1 for cash of £ 200,000