Registered number
13654593
BLUESTART PROPERTY LIMITED
UNAUDITED
DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
BLUESTART PROPERTY LIMITED
Company Information
Directors
Chelsea Azzopardi
Noel Dennehy
Accountants
CHARTERHOUSE WHITTINGBURY ASSOCIATES
CWA
Lockkeepers Cottage
36 Hazlmere Marina
Waltham Abbey
EN9 1FJ
Registered office
CWA
Unit 4, 3rd Floor, Pride Court
80-82 White Lion Street
London
N1 9PF
Registered number
13654593
BLUESTART PROPERTY LIMITED
Registered number: 13654593
Directors' Report
The directors present their report and accounts for the year ended 30 September 2023.
Principal activities
The company's principal activity during the year was that of buying and selling of own real estate & other letting and operating of own or leased real estate
Directors
The following persons served as directors during the year:
Chelsea Azzopardiappointed at 30/09/2021
Noel Dennehyappointed at 30/09/2021
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 07 June 2024 and signed on its behalf.
Chelsea Azzopardi
Director
BLUESTART PROPERTY LIMITED
Report to the directors on the preparation of the unaudited statutory accounts of BLUESTART PROPERTY LIMITED for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BLUESTART PROPERTY LIMITED for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
This report is made solely to the director of BLUESTART PROPERTY LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare, for your approval, the financial statements of BLUESTART PROPERTY LIMITED and state those matters that we have agreed to state to the director of BLUESTART PROPERTY LIMITED, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility, to anyone other than the company and its director, for our work or for this report.
It is your duty to ensure BLUESTART PROPERTY LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BLUESTART PROPERTY LIMITED. You consider that BLUESTART PROPERTY LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of BLUESTART PROPERTY LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
CHARTERHOUSE WHITTINGBURY ASSOCIATES
Certified Accountants
CWA
Lockkeepers Cottage
36 Hazlmere Marina
Waltham Abbey
EN9 1FJ
07 June 2024
BLUESTART PROPERTY LIMITED
Profit and Loss Account
for the year ended 30 September 2023
2023 2022
£ £
Turnover85,40135,366
Administrative expenses(93,120)(5,587)
Operating (loss)/profit(7,719)29,779
(Loss)/profit before taxation(7,719)29,779
Tax on (loss)/profit- (5,658)
(Loss)/profit for the financial year(7,719)24,121
BLUESTART PROPERTY LIMITED
Registered number:13654593
Balance Sheet
as at 30 September 2023
Notes2023 2022
£ £
Fixed assets
Tangible assets31,562,260867,059
Current assets
Debtors411
Cash at bank and in hand52,35789,139
52,35889,140
Creditors: amounts falling due within one year5(37,184)(12,784)
Net current assets15,17476,356
Total assets less current liabilities1,577,434943,415
Creditors: amounts falling due after more than one year6(1,560,932)(919,194)
Net assets16,50224,221
Capital and reserves
Called up share capital100100
Profit and loss account16,40224,121
Shareholders' funds16,50224,221
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Chelsea Azzopardi
Director
Approved by the board on 07 June 2024
BLUESTART PROPERTY LIMITED
Statement of Changes in Equity
for the year ended 30 September 2023
ShareShareRe-ProfitTotal
capitalpremiumvaluationand loss
reserveaccount
£ £ £ £ £
At 1 October 2021- - - - -
Profit for the financial year24,121 24,121
Shares issued100- 100
At 30 September 2022100 - - 24,121 24,221
At 1 October 2022100- - 24,12124,221
Loss for the financial year(7,719)(7,719)
At 30 September 2023100- - 16,40216,502
BLUESTART PROPERTY LIMITED
Notes to the Accounts
for the year ended 30 September 2023
1Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildingsover 50 years
Leasehold land and buildingsover the lease term
Plant and machineryover 5 years
Fixtures, fittings, tools and equipmentover 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
2Employees2023 2022
NumberNumber
Average number of persons employed by the company11
3Tangible fixed assets
Land and buildings
£
Cost
At 1 October 2022867,059
Additions695,201
At 30 September 20231,562,260
Depreciation
At 30 September 2023-
Net book value
At 30 September 20231,562,260
At 30 September 2022867,059
4Debtors2023 2022
£ £
Other debtors11
5Creditors: amounts falling due within one year2023 2022
£ £
Tenant deposits 26,426 4,426
Accruals2,400 -
Taxation and social security costs5,6585,658
Other creditors2,7002,700
37,18412,784
6Creditors: amounts falling due after one year2023 2022
£ £
Other creditors1,560,932919,194
7Related party transactions
Included in creditors is an amount of £565,419.82 due to the director. The amount is not secure and payable upon demand.

Included in creditors is an amount of £23,631.32 due to the director. The amount is not secure and payable upon demand.
8Other information
BLUESTART PROPERTY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
CWA
Unit 4, 3rd Floor, Pride Court
80-82 White Lion Street
London
N1 9PF
BLUESTART PROPERTY LIMITED
Detailed profit and loss account
for the year ended 30 September 2023
This schedule does not form part of the statutory accounts
2023 2022
£ £
Sales85,40135,366
Administrative expenses(93,120)(5,587)
Operating (loss)/profit(7,719)29,779
(Loss)/profit before tax(7,719)29,779
BLUESTART PROPERTY LIMITED
Detailed profit and loss account
for the year ended 30 September 2023
This schedule does not form part of the statutory accounts
2023 2022
£ £
Sales
Sales
85,401
35,366
Administrative expenses
Employee costs:
Travel and subsistence
357
-
Motor expenses
554
-
911 -
Premises costs:
Rent-
221
Rates
225
12
Service charges
2,789
-
Light and heat
511
-
Cleaning
273
-
3,798 233
General administrative expenses:
Telephone and internet
254
-
Postage
31
-
Bank charges
27
77
Insurance
3,086
197
Software
79
-
Repairs and maintenance
73,589
98
Donations300 -
77,366 372
Legal and professional costs:
Accountancy fees
6,240
-
Solicitors fees-
2,236
Consultancy fees
809
-
Management fees-
826
Advertising and PR
26
1,920
Other legal and professional
3,970
-
11,045 4,982
93,120 5,587
BLUESTART PROPERTY LIMITED13654593false2022-10-012023-09-302023-09-30VT Final AccountsApril 2024true136545932021-10-012022-09-3013654593core:ShareCapital2021-10-012022-09-3013654593core:SharePremium2021-10-012022-09-3013654593core:WithinOneYear2022-09-3013654593core:AfterOneYear2022-09-3013654593core:ShareCapital2022-09-3013654593core:RetainedEarningsAccumulatedLosses2022-09-30136545932021-09-3013654593core:ShareCapital2021-09-3013654593core:SharePremium2021-09-3013654593core:OtherReservesSubtotal2021-09-3013654593core:RetainedEarningsAccumulatedLosses2021-09-30136545932022-10-012023-09-3013654593bus:PrivateLimitedCompanyLtd2022-10-012023-09-3013654593bus:AuditExemptWithAccountantsReport2022-10-012023-09-3013654593bus:Director12022-10-012023-09-3013654593bus:Director22022-10-012023-09-3013654593core:RetainedEarningsAccumulatedLosses2022-10-012023-09-301365459312022-10-012023-09-301365459322022-10-012023-09-3013654593core:LandBuildings2022-10-012023-09-3013654593countries:England2022-10-012023-09-3013654593bus:FRS1022022-10-012023-09-3013654593bus:FullAccounts2022-10-012023-09-30136545932023-09-3013654593core:WithinOneYear2023-09-3013654593core:AfterOneYear2023-09-3013654593core:ShareCapital2023-09-3013654593core:RetainedEarningsAccumulatedLosses2023-09-3013654593core:SharePremium2023-09-3013654593core:OtherReservesSubtotal2023-09-3013654593core:LandBuildings2023-09-30136545932022-09-3013654593core:SharePremium2022-09-3013654593core:OtherReservesSubtotal2022-09-3013654593core:LandBuildings2022-09-30iso4217:GBPxbrli:pure