BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Company Registration Number:
06337374 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 450,000 450,000
Total fixed assets: 450,000 450,000
Current assets
Debtors:   1,128 27,235
Cash at bank and in hand: 6,657 1,431
Total current assets: 7,785 28,666
Creditors: amounts falling due within one year:   (62,418) (32,967)
Net current assets (liabilities): (54,633) (4,301)
Total assets less current liabilities: 395,367 445,699
Creditors: amounts falling due after more than one year:   (208,000) (213,122)
Provision for liabilities: (31,198) (31,198)
Total net assets (liabilities): 156,169 201,379
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:4166,307166,307
Profit and loss account: (10,140) 35,070
Shareholders funds: 156,169 201,379

The notes form part of these financial statements

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 September 2024
and signed on behalf of the board by:

Name: Mr D B Fellows
Status: Director

The notes form part of these financial statements

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Fixed investments

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.

BLUE SEA PROPERTY DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Revaluation reserve

2024
£
Balance at 01 May 2023 166,307
Surplus or deficit after revaluation 0
Balance at 30 April 2024 166,307