IRIS Accounts Production v24.1.4.33 04081925 Board of Directors 1.11.22 31.10.23 31.10.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040819252022-10-31040819252023-10-31040819252022-11-012023-10-31040819252021-10-31040819252021-11-012022-10-31040819252022-10-3104081925ns15:EnglandWales2022-11-012023-10-3104081925ns14:PoundSterling2022-11-012023-10-3104081925ns10:Director12022-11-012023-10-3104081925ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3104081925ns10:SmallEntities2022-11-012023-10-3104081925ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3104081925ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3104081925ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3104081925ns10:FullAccounts2022-11-012023-10-3104081925ns10:Director22022-11-012023-10-3104081925ns10:CompanySecretary12022-11-012023-10-3104081925ns10:RegisteredOffice2022-11-012023-10-3104081925ns5:CurrentFinancialInstruments2023-10-3104081925ns5:CurrentFinancialInstruments2022-10-3104081925ns5:Non-currentFinancialInstruments2023-10-3104081925ns5:Non-currentFinancialInstruments2022-10-3104081925ns5:ShareCapital2023-10-3104081925ns5:ShareCapital2022-10-3104081925ns5:RetainedEarningsAccumulatedLosses2023-10-3104081925ns5:RetainedEarningsAccumulatedLosses2022-10-3104081925ns5:LandBuildings2022-11-012023-10-3104081925ns5:LandBuildings2022-10-3104081925ns5:LandBuildings2023-10-3104081925ns5:LandBuildings2022-10-3104081925ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-10-3104081925ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-10-31
REGISTERED NUMBER: 04081925 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2023

FOR

BLUEFIN PROPERTIES LIMITED

BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUEFIN PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: Miss N F Channon
I Mackenzie





SECRETARY: Miss N F Channon





REGISTERED OFFICE: 225 London Road
Burgess Hill
West Sussex
RH15 9QU





REGISTERED NUMBER: 04081925 (England and Wales)





ACCOUNTANTS: Peter Lawson & Co.
225 London Road
Burgess Hill
West Sussex
RH15 9QU

BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200,000 350,000

CURRENT ASSETS
Cash at bank 5,408 2,159

CREDITORS
Amounts falling due within one year 6 48,635 116,903
NET CURRENT LIABILITIES (43,227 ) (114,744 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,773

235,256

CREDITORS
Amounts falling due after more than one
year

7

-

(78,195

)

PROVISIONS FOR LIABILITIES (30,210 ) (37,916 )
NET ASSETS 126,563 119,145

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 126,558 119,140
SHAREHOLDERS' FUNDS 126,563 119,145

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)

BALANCE SHEET - continued
31ST OCTOBER 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 Board of Directors and authorised for issue on 16th July 2024 and were signed on its behalf by:





I Mackenzie - Director


BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

Bluefin Properties 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1st November 2022 350,000
Disposals (150,000 )
At 31st October 2023 200,000
NET BOOK VALUE
At 31st October 2023 200,000
At 31st October 2022 350,000

Cost or valuation at 31st October 2023 is represented by:

Land and
buildings
£   
Valuation in 2021 350,000
Valuation in 2023 (150,000 )
200,000

If the leasehold properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 150,442 150,442

The leasehold interests were valued on an open market basis on 31st October 2021 by market research .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 8,283 -
Other creditors 40,352 116,903
48,635 116,903

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 78,195

BLUEFIN PROPERTIES LIMITED (REGISTERED NUMBER: 04081925)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst - 78,195

8. CAPITAL COMMITMENTS
2023 2022
£    £   
Contracted but not provided for in the
financial statements - -