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REGISTERED NUMBER: 03821102 (England and Wales)















BLUE ANCHOR LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUE ANCHOR LIMITED

COMPANY INFORMATION
for the year ended 31 August 2023







DIRECTORS: Mrs N Kaur
J Singh





SECRETARY: Mrs N Kaur





REGISTERED OFFICE: 11 Brudenell
Windsor
Berkshire
SL4 4UR





REGISTERED NUMBER: 03821102 (England and Wales)





ACCOUNTANTS: Quantum Accountancy
Chartered Certified Accountants
Ashley House
97 London Road
Slough
Berkshire
SL3 7RS

BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)

BALANCE SHEET
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,000 2,523
Investment property 5 776,572 776,572
778,572 779,095

CURRENT ASSETS
Debtors 6 25,666 25,666
Investments 7 47,000 47,000
Cash in hand 16,463 20,884
89,129 93,550
CREDITORS
Amounts falling due within one year 8 69,401 108,666
NET CURRENT ASSETS/(LIABILITIES) 19,728 (15,116 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,300

763,979

CREDITORS
Amounts falling due after more than one year 9 218,407 226,780
NET ASSETS 579,893 537,199

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 315,688 315,688
Retained earnings 264,105 221,411
579,893 537,199

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

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

BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)

BALANCE SHEET - continued
31 August 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 30 May 2024 and were signed on its behalf by:





Mrs N Kaur - Director


BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2023

1. STATUTORY INFORMATION

Blue Anchor 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 2 (2022 - NIL ) .

BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 16,250
DEPRECIATION
At 1 September 2022 13,727
Charge for year 523
At 31 August 2023 14,250
NET BOOK VALUE
At 31 August 2023 2,000
At 31 August 2022 2,523

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 776,572
NET BOOK VALUE
At 31 August 2023 776,572
At 31 August 2022 776,572

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 4,225 4,225
Other debtors 150 150
4,375 4,375

Amounts falling due after more than one year:
Other debtors 21,291 21,291

Aggregate amounts 25,666 25,666

BLUE ANCHOR LIMITED (REGISTERED NUMBER: 03821102)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2023

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Other 47,000 47,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,300 8,300
Taxation and social security 21,111 10,832
Other creditors 39,990 89,534
69,401 108,666

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 218,407 226,780

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 185,207 193,580

10. RESERVES
Revaluation
reserve
£   
At 1 September 2022
and 31 August 2023 315,688

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
J Singh and Mrs N Kaur
Balance outstanding at start of year 20,279 21,209
Amounts advanced 14,815 58,457
Amounts repaid (14,359 ) (59,387 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,735 20,279