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Company Registration No. 13711157 (England and Wales)
Blue Phoenix Developments Limited Unaudited accounts for the year ended 31 October 2023
Blue Phoenix Developments Limited Unaudited accounts Contents
Page
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Blue Phoenix Developments Limited Company Information for the year ended 31 October 2023
Director
Ethan Collins-Oberman
Company Number
13711157 (England and Wales)
Registered Office
1a Northumberland Close Erith Kent DA8 3HH United Kingdom
Accountants
Pro Tax Plus Accountants MITRE HOUSE 2 BOND STREET Ipswich Suffolk IP4 1JE
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Blue Phoenix Developments Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,555,542 
822,500 
Current assets
Debtors
1,228 
152,013 
Cash at bank and in hand
43,973 
74,355 
45,201 
226,368 
Creditors: amounts falling due within one year
(317,726)
(535,268)
Net current liabilities
(272,525)
(308,900)
Total assets less current liabilities
1,283,017 
513,600 
Creditors: amounts falling due after more than one year
(666,694)
(375,018)
Net assets
616,323 
138,582 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
637,542 
199,500 
Profit and loss account
(21,220)
(60,919)
Shareholders' funds
616,323 
138,582 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Ethan Collins-Oberman Director Company Registration No. 13711157
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Blue Phoenix Developments Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Blue Phoenix Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 13711157. The registered office is 1a Northumberland Close, Erith, Kent, DA8 3HH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 November 2022
822,500 
Additions
295,000 
Revaluations
438,042 
At 31 October 2023
1,555,542 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
1,555,542 
At 31 October 2022
822,500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,228 
- 
Trade debtors
- 
2,760 
Other debtors
- 
149,253 
1,228 
152,013 
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Blue Phoenix Developments Limited Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
(1,370)
Other creditors
253,430 
414,198 
Loans from directors
64,296 
171,329 
Accruals
- 
(48,889)
317,726 
535,268 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
584,694 
375,018 
Loans from directors
82,000 
- 
666,694 
375,018 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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