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
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
Blue Mist Properties Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
419,018
245,652
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)
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
Blue Mist Properties Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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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.
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.
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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
At 1 September 2023
-
630
630
Charge for the year
-
1,513
1,513
At 31 August 2024
-
2,143
2,143
At 31 August 2024
413,598
5,420
419,018
At 31 August 2023
238,719
6,933
245,652
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Creditors: amounts falling due within one year
2024
2023
Loans from directors
3,894
5,956
Blue Mist Properties Ltd
Notes to the Accounts
for the year ended 31 August 2024
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
309,585
183,980
Loans from directors
110,000
60,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).