2022-08-012023-07-312023-07-31false06058271BLUEVALE ESTATES LIMITED2024-07-30iso4217:GBPxbrli:pure060582712022-08-01060582712023-07-31060582712022-08-012023-07-31060582712021-08-01060582712022-07-31060582712021-08-012022-07-3106058271bus:SmallEntities2022-08-012023-07-3106058271bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3106058271bus:AbridgedAccounts2022-08-012023-07-3106058271bus:PrivateLimitedCompanyLtd2022-08-012023-07-3106058271core:WithinOneYear2023-07-3106058271core:AfterOneYear2023-07-3106058271core:WithinOneYear2022-07-3106058271core:AfterOneYear2022-07-3106058271core:ShareCapital2023-07-3106058271core:SharePremium2023-07-3106058271core:RevaluationReserve2023-07-3106058271core:OtherReservesSubtotal2023-07-3106058271core:RetainedEarningsAccumulatedLosses2023-07-3106058271core:ShareCapital2022-07-3106058271core:SharePremium2022-07-3106058271core:RevaluationReserve2022-07-3106058271core:OtherReservesSubtotal2022-07-3106058271core:RetainedEarningsAccumulatedLosses2022-07-3106058271core:LandBuildings2023-07-3106058271core:PlantMachinery2023-07-3106058271core:Vehicles2023-07-3106058271core:FurnitureFittings2023-07-3106058271core:OfficeEquipment2023-07-3106058271core:NetGoodwill2023-07-3106058271core:IntangibleAssetsOtherThanGoodwill2023-07-3106058271core:ListedExchangeTraded2023-07-3106058271core:UnlistedNon-exchangeTraded2023-07-3106058271core:LandBuildings2022-07-3106058271core:PlantMachinery2022-07-3106058271core:Vehicles2022-07-3106058271core:FurnitureFittings2022-07-3106058271core:OfficeEquipment2022-07-3106058271core:NetGoodwill2022-07-3106058271core:IntangibleAssetsOtherThanGoodwill2022-07-3106058271core:ListedExchangeTraded2022-07-3106058271core:UnlistedNon-exchangeTraded2022-07-3106058271core:LandBuildings2022-08-012023-07-3106058271core:PlantMachinery2022-08-012023-07-3106058271core:Vehicles2022-08-012023-07-3106058271core:FurnitureFittings2022-08-012023-07-3106058271core:OfficeEquipment2022-08-012023-07-3106058271core:NetGoodwill2022-08-012023-07-3106058271core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3106058271core:ListedExchangeTraded2022-08-012023-07-3106058271core:UnlistedNon-exchangeTraded2022-08-012023-07-3106058271core:MoreThanFiveYears2022-08-012023-07-3106058271core:Non-currentFinancialInstruments2023-07-3106058271core:Non-currentFinancialInstruments2022-07-3106058271dpl:CostSales2022-08-012023-07-3106058271dpl:DistributionCosts2022-08-012023-07-3106058271core:LandBuildings2022-08-012023-07-3106058271core:PlantMachinery2022-08-012023-07-3106058271core:Vehicles2022-08-012023-07-3106058271core:FurnitureFittings2022-08-012023-07-3106058271core:OfficeEquipment2022-08-012023-07-3106058271dpl:AdministrativeExpenses2022-08-012023-07-3106058271core:NetGoodwill2022-08-012023-07-3106058271core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3106058271dpl:GroupUndertakings2022-08-012023-07-3106058271dpl:ParticipatingInterests2022-08-012023-07-3106058271dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3106058271core:ListedExchangeTraded2022-08-012023-07-3106058271dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3106058271core:UnlistedNon-exchangeTraded2022-08-012023-07-3106058271dpl:CostSales2021-08-012022-07-3106058271dpl:DistributionCosts2021-08-012022-07-3106058271core:LandBuildings2021-08-012022-07-3106058271core:PlantMachinery2021-08-012022-07-3106058271core:Vehicles2021-08-012022-07-3106058271core:FurnitureFittings2021-08-012022-07-3106058271core:OfficeEquipment2021-08-012022-07-3106058271dpl:AdministrativeExpenses2021-08-012022-07-3106058271core:NetGoodwill2021-08-012022-07-3106058271core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3106058271dpl:GroupUndertakings2021-08-012022-07-3106058271dpl:ParticipatingInterests2021-08-012022-07-3106058271dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3106058271core:ListedExchangeTraded2021-08-012022-07-3106058271dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3106058271core:UnlistedNon-exchangeTraded2021-08-012022-07-3106058271core:NetGoodwill2023-07-3106058271core:IntangibleAssetsOtherThanGoodwill2023-07-3106058271core:LandBuildings2023-07-3106058271core:PlantMachinery2023-07-3106058271core:Vehicles2023-07-3106058271core:FurnitureFittings2023-07-3106058271core:OfficeEquipment2023-07-3106058271core:AfterOneYear2023-07-3106058271core:WithinOneYear2023-07-3106058271core:ListedExchangeTraded2023-07-3106058271core:UnlistedNon-exchangeTraded2023-07-3106058271core:ShareCapital2023-07-3106058271core:SharePremium2023-07-3106058271core:RevaluationReserve2023-07-3106058271core:OtherReservesSubtotal2023-07-3106058271core:RetainedEarningsAccumulatedLosses2023-07-3106058271core:NetGoodwill2022-07-3106058271core:IntangibleAssetsOtherThanGoodwill2022-07-3106058271core:LandBuildings2022-07-3106058271core:PlantMachinery2022-07-3106058271core:Vehicles2022-07-3106058271core:FurnitureFittings2022-07-3106058271core:OfficeEquipment2022-07-3106058271core:AfterOneYear2022-07-3106058271core:WithinOneYear2022-07-3106058271core:ListedExchangeTraded2022-07-3106058271core:UnlistedNon-exchangeTraded2022-07-3106058271core:ShareCapital2022-07-3106058271core:SharePremium2022-07-3106058271core:RevaluationReserve2022-07-3106058271core:OtherReservesSubtotal2022-07-3106058271core:RetainedEarningsAccumulatedLosses2022-07-3106058271core:NetGoodwill2021-08-0106058271core:IntangibleAssetsOtherThanGoodwill2021-08-0106058271core:LandBuildings2021-08-0106058271core:PlantMachinery2021-08-0106058271core:Vehicles2021-08-0106058271core:FurnitureFittings2021-08-0106058271core:OfficeEquipment2021-08-0106058271core:AfterOneYear2021-08-0106058271core:WithinOneYear2021-08-0106058271core:ListedExchangeTraded2021-08-0106058271core:UnlistedNon-exchangeTraded2021-08-0106058271core:ShareCapital2021-08-0106058271core:SharePremium2021-08-0106058271core:RevaluationReserve2021-08-0106058271core:OtherReservesSubtotal2021-08-0106058271core:RetainedEarningsAccumulatedLosses2021-08-0106058271core:AfterOneYear2022-08-012023-07-3106058271core:WithinOneYear2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:CostValuation2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3106058271core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3106058271core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3106058271core:Non-currentFinancialInstrumentscore:CostValuation2022-07-3106058271core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-3106058271core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-3106058271bus:Director12022-08-012023-07-31

BLUEVALE ESTATES LIMITED

Registered Number
06058271
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

BLUEVALE ESTATES LIMITED
Company Information
for the year from 1 August 2022 to 31 July 2023

Director

RICHARDSON, Derek Frazer

Registered Address

1st Floor, Office 3, 49-51 North Hill
Plymouth
PL4 8HB

Registered Number

06058271 (England and Wales)
BLUEVALE ESTATES LIMITED
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,345,0001,323,932
1,345,0001,323,932
Current assets
Cash at bank and on hand73,17869,680
73,17869,680
Creditors amounts falling due within one year(205,771)(161,593)
Net current assets (liabilities)(132,593)(91,913)
Total assets less current liabilities1,212,4071,232,019
Creditors amounts falling due after one year(605,318)(642,517)
Provisions for liabilities(51,418)(51,418)
Net assets555,671538,084
Capital and reserves
Called up share capital200,000200,000
Revaluation reserve285,771270,621
Profit and loss account69,90067,463
Shareholders' funds555,671538,084
The financial statements were approved and authorised for issue by the Director on 30 July 2024, and are signed on its behalf by:
RICHARDSON, Derek Frazer
Director
Registered Company No. 06058271
BLUEVALE ESTATES LIMITED
Notes to the Financial Statements
for the year ended 31 July 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 August 221,347,844
Revaluations15,150
At 31 July 231,362,994
Depreciation and impairment
At 01 August 2223,912
Other adjustments(5,918)
At 31 July 2317,994
Net book value
At 31 July 231,345,000
At 31 July 221,323,932
In the preparation of these financial statements, it came to my attention that excessive depreciation was charged in prior periods, to the extend that the net asset value fell below zero. This adjustment has been made to align with the appropriate depreciation rates as per the company's fixed asset policy and in accordance with FRS102, - The Financial Reporting Standard applicable in the UK. The impact of this correction on the financial statements is as follows : Reduction in Accumulated Depreciation for Vehicles :£5,918 Increase in net book value of fixed assets : £5,918 These Adjustments have been reflected in the current financial statements and comparative figures have been restated accordingly