REGISTERED NUMBER: 06728932 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Blue Horizon Property Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K Bright

REGISTERED OFFICE:

Building 6000 Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

REGISTERED NUMBER:

06728932 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

9,477

7,394

CURRENT ASSETS

Debtors

5

15,599

13,802

Cash at bank

20,785

10,834

36,384

24,636

CREDITORS

Amounts falling due within one year

6

30,320

33,674

NET CURRENT ASSETS/(LIABILITIES)

6,064

(9,038

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,541

(1,644

)

PROVISIONS FOR LIABILITIES

1,801

1,405

NET ASSETS/(LIABILITIES)

13,740

(3,049

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,640

(3,149

)

SHAREHOLDERS' FUNDS

13,740

(3,049

)

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 her 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 30 September 2025 and were signed by:

Mrs K Bright - Director

1.	STATUTORY INFORMATION

Blue Horizon Property Management 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 represents net invoiced sales of services supplied in the period, excluding value added tax and any discounts given.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Going concern

The financial statements for the year ended 31 December 2023 have been prepared on a going concern basis. In making this going concern assessment, all available information about the foreseeable future has been taken into account.

Despite net liabilities exceeding net assets for the period ending 31 December 2023, the directors feel that as the majority of net liabilities are directors loan accounts the going concern basis of preparation remains appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

5,405

14,488

19,140

39,033

Additions

3,408

242

1,832

5,482

At 31 December 2024

8,813

14,730

20,972

44,515

DEPRECIATION

At 1 January 2024

1,945

11,609

18,085

31,639

Charge for year

1,716

782

901

3,399

At 31 December 2024

3,661

12,391

18,986

35,038

NET BOOK VALUE

At 31 December 2024

5,152

2,339

1,986

9,477

At 31 December 2023

3,460

2,879

1,055

7,394

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

(308

)

Other debtors

15,599

14,110

15,599

13,802

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

744

828

Taxation and social security

5,003

1,155

Other creditors

24,573

31,691

30,320

33,674

7.	RELATED PARTY DISCLOSURES

Included within other creditors is a balance of £13,524 (2023: £20,847) owed to Mrs K Bright, a director. This loan account was not overdrawn during the year and was provided interest free and repayable on demand.

Included within other creditors is a balance of £9,464 (2023: £9,464) owed to Mr M Bright, the husband of the director Mrs K Bright. This loan account was not overdrawn during the year and was provided interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.