Blue Star Commercial Gardens Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03257137 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Blue Star Commercial Gardens Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Barker

REGISTERED OFFICE:

Suite 15 The Enterprise Centre,

Coxbridge Business Park,

Farnham,

Surrey,

Surrey

GU10 5EH

REGISTERED NUMBER:

03257137 (England and Wales)

ACCOUNTANTS:

Gilroy & Brookes Accountants Limited

Suite 15

The Enterprise Centre

Coxbridge Business Park

Farnham

Surrey

GU10 5EH

FIXED ASSETS

Tangible assets

4

17,871

11,858

CURRENT ASSETS

Debtors

5

11,698

21,799

Cash at bank

8,137

-

19,835

21,799

CREDITORS

Amounts falling due within one year

6

(22,773

)

(13,450

)

NET CURRENT (LIABILITIES)/ASSETS

(2,938

)

8,349

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,933

20,207

CREDITORS

Amounts falling due after more than one year

7

(25,833

)

(30,833

)

NET LIABILITIES

(10,900

)

(10,626

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

(11,000

)

(10,726

)

SHAREHOLDERS' FUNDS

(10,900

)

(10,626

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 June 2025 and were signed by:

S Barker - Director

1.	STATUTORY INFORMATION

Blue Star Commercial Gardens Limited 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.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TURNOVER

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

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax asset is not recognised as it is not probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

27,738

2,901

39,325

5,337

75,301

Additions

1,776

-

9,912

1,410

13,098

At 31 December 2024

29,514

2,901

49,237

6,747

88,399

DEPRECIATION

At 1 January 2024

21,721

2,212

35,124

4,386

63,443

Charge for year

2,597

173

3,528

787

7,085

At 31 December 2024

24,318

2,385

38,652

5,173

70,528

NET BOOK VALUE

At 31 December 2024

5,196

516

10,585

1,574

17,871

At 31 December 2023

6,017

689

4,201

951

11,858

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

6,741

17,137

Directors' current accounts

4,662

Tax

295

-

11,698

21,799

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

-

398

VAN finance loan

4,943

-

Trade creditors

276

162

Other Loans

4,000

-

Tax

-

295

PAYE/NI liability

2,453

1,761

VAT

9,286

9,581

Credit card

818

1,030

Wages control account

886

-

Accruals and deferred income

111

223

22,773

13,450

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

BBL Loan

25,833

30,833

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

40

Ordinary A

£1

40

45

Ordinary B

£1

45

15

Treasury

£1

15

100

9.	GOING CONCERN

The director has confirmed that he will continue to give financial support to the company until such time as its position improves.In addition, the director has confirmed that he will not recall his loan within 12 months. The director considers that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support was withdrawn.