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Company Registration No. 14275352 (England and Wales)
Blue Mist Properties Ltd Unaudited accounts for the year ended 31 August 2024
Blue Mist Properties Ltd Unaudited accounts Contents
Page
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Blue Mist Properties Ltd Company Information for the year ended 31 August 2024
Director
Santosh Kumar Layam
Company Number
14275352 (England and Wales)
Registered Office
108 Monks Way Eastleigh SO50 5BH England
Accountants
Capital Talks LLP Accountants & Tax consultants 310D - EW Sterling House Langston Road Loughton IG10 3TS
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Blue Mist Properties Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
419,018 
245,652 
Current assets
Cash at bank and in hand
5,685 
3,696 
Creditors: amounts falling due within one year
(4,748)
(6,756)
Net current assets/(liabilities)
937 
(3,060)
Total assets less current liabilities
419,955 
242,592 
Creditors: amounts falling due after more than one year
(419,585)
(243,980)
Net assets/(liabilities)
370 
(1,388)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
270 
(1,488)
Shareholders' funds
370 
(1,388)
For the year ending 31 August 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 May 2025 and were signed on its behalf by
Santosh Kumar Layam Director Company Registration No. 14275352
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Blue Mist Properties Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Blue Mist Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14275352. The registered office is 108 Monks Way, Eastleigh, SO50 5BH, England.
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:
Fixtures & fittings
20% on cost.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
238,719 
7,563 
246,282 
Additions
174,879 
- 
174,879 
At 31 August 2024
413,598 
7,563 
421,161 
Depreciation
At 1 September 2023
- 
630 
630 
Charge for the year
- 
1,513 
1,513 
At 31 August 2024
- 
2,143 
2,143 
Net book value
At 31 August 2024
413,598 
5,420 
419,018 
At 31 August 2023
238,719 
6,933 
245,652 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
3,894 
5,956 
Accruals
854 
800 
4,748 
6,756 
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Blue Mist Properties Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
309,585 
183,980 
Loans from directors
110,000 
60,000 
419,585 
243,980 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
At 31 August 2024 the company owed £113,893.60/- to director as a result of loans made to the company. The loans are unsecured and interest free. The director S K Layam controls the company as a result of controlling directly 100% of the issued shares capital.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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