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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
Page
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Blue Property Management Services Ltd Company Information for the year ended 29 February 2024
Director
M Blewitt
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
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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
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Blue Property Management Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
229,175 
229,175 
Current assets
Debtors
- 
13,608 
Cash at bank and in hand
55,714 
6,024 
55,714 
19,632 
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)
Capital and reserves
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
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Blue Property Management Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
Turnover
Turnover represents rental income received during the period
Investment property
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.
4
Investment property
2024 
£ 
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.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
13,608 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
615 
- 
Other creditors
115,336 
86,451 
115,951 
86,451 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
166,218 
166,218 
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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).
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