Company Registration No. 13208441 (England and Wales)
Blue Property Management Services Ltd
Unaudited accounts
for the year ended 29 February 2024
Blue Property Management Services Ltd
Unaudited accounts
Contents
Blue Property Management Services Ltd
Company Information
for the year ended 29 February 2024
Company Number
13208441 (England and Wales)
Registered Office
Unit 11 Holts Court
Threshers Bush
Harlow
Essex
CM17 0NS
United Kingdom
Accountants
Deciphr Ltd
Unit 11 Holts Court
Threshers Bush
Harlow
Essex
CM17 0NS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Blue Property Management Services Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Blue Property Management Services Ltd for the year ended
29 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Deciphr Ltd
Chartered Accountants
Unit 11 Holts Court
Threshers Bush
Harlow
Essex
CM17 0NS
28 November 2024
Blue Property Management Services Ltd
Statement of financial position
as at 29 February 2024
Investment property
229,175
229,175
Cash at bank and in hand
55,714
6,024
Creditors: amounts falling due within one year
(115,951)
(86,451)
Net current liabilities
(60,237)
(66,819)
Total assets less current liabilities
168,938
162,356
Creditors: amounts falling due after more than one year
(166,218)
(166,218)
Net assets/(liabilities)
2,720
(3,862)
Called up share capital
100
100
Profit and loss account
2,620
(3,962)
Shareholders' funds
2,720
(3,862)
For the year ending 29 February 2024 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 28 November 2024 and were signed on its behalf by
M Blewitt
Director
Company Registration No. 13208441
Blue Property Management Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
Blue Property Management Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13208441. The registered office is Unit 11 Holts Court, Threshers Bush, Harlow, Essex, CM17 0NS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents rental income received during the period
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 March 2023
229,175
At 29 February 2024
229,175
The investment properties were valued on a fair value basis on 29 February 2024 by the director.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
615
-
Other creditors
115,336
86,451
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
166,218
166,218
Blue Property Management Services Ltd
Notes to the Accounts
for the year ended 29 February 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).