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REGISTERED NUMBER: 13473946 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JULY 2023 TO 29 JUNE 2024

FOR

BLUES PROPERTY FD LTD

BLUES PROPERTY FD LTD (REGISTERED NUMBER: 13473946)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLUES PROPERTY FD LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024







DIRECTORS: I Purkiss
S J L Purkiss
J L Snedeker





REGISTERED OFFICE: 98C Hartington Grove
Cambridge
Cambridgeshire
CB1 7UB





BUSINESS ADDRESS: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





REGISTERED NUMBER: 13473946 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

BLUES PROPERTY FD LTD (REGISTERED NUMBER: 13473946)

BALANCE SHEET
29 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 5 401,636 -

CURRENT ASSETS
Stocks - 192,149
Debtors 6 561,141 -
Cash and cash equivalents 824 -
561,965 192,149
CREDITORS
Amounts falling due within one year 7 (963,877 ) (193,677 )
NET CURRENT LIABILITIES (401,912 ) (1,528 )
TOTAL ASSETS LESS CURRENT LIABILITIES (276 ) (1,528 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (376 ) (1,628 )
SHAREHOLDERS' FUNDS (276 ) (1,528 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:




I Purkiss - Director


BLUES PROPERTY FD LTD (REGISTERED NUMBER: 13473946)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024

1. STATUTORY INFORMATION

Blues Property FD Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

At the balance sheet date current liabilities exceeded current assets by £276 (2023: £1,528). The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

BLUES PROPERTY FD LTD (REGISTERED NUMBER: 13473946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2023 TO 29 JUNE 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 401,636
At 29 June 2024 401,636
NET BOOK VALUE
At 29 June 2024 401,636

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 2,428 -
Other debtors 558,713 -
561,141 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to associates 38,500 -
Other creditors 925,377 193,677
963,877 193,677

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

At the balance sheet date £612,148 (2023: £192,649) was owed to related companies. The amount is listed as £38,500 (2023: £nil) owed to associates and £573,648 (2023: 192,649) in accrued costs. The amounts bear no interest and are payable on demand.