REGISTERED NUMBER: 13365311 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Blueoak Estates (Manchester) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M S Bryce

I MacLean

REGISTERED OFFICE:

20 Grosvenor Street

Chester

United Kingdom

CH1 2DD

REGISTERED NUMBER:

13365311 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

4

425,000

425,000

CURRENT ASSETS

Stocks

-

50,000

Debtors

5

169,985

1,857,724

Cash at bank

963

60,455

170,948

1,968,179

CREDITORS

Amounts falling due within one year

6

550,008

2,389,212

NET CURRENT LIABILITIES

(379,060

)

(421,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

45,940

3,967

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

45,840

3,867

45,940

3,967

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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

I MacLean - Director

1.	STATUTORY INFORMATION

Blueoak Estates (Manchester) 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.

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

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.

The directors have prepared the accounts on a going concern basis despite the net current liability of the company. The company has the support of the parent company, Blueoak Estates Limited and can pay its debts as they fall due.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

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

Turnover in the prior year relating to sale of property is measured at the fair value of the consideration received excluding value added tax. Turnover is recognised on the unconditional exchange of contract.

Tangible fixed assets

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

Land and buildings

-

No deprecation charged

Stocks

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

In accordance with FRS 102 para 25.2 the company adopts a policy of capitalising borrowing costs that are directly attributable to acquisition, construction, and production of a qualifying asset. Work in progress is an asset that takes a substantial period of time to get ready for its intended use or sale and meets the FRS 102 definition of a qualifying asset.

Financial instruments

Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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 is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash and cash equivalents

Cash represents cash in hand and deposits held on demand with banks. Cash equivalents are short-term, highly-liquid investments with original maturities of three months or less (as at their date of acquisition).

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2024

and 31 December 2024

425,000

NET BOOK VALUE

At 31 December 2024

425,000

At 31 December 2023

425,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

1,767,799

Other debtors

169,985

89,925

169,985

1,857,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

458

254,202

Amounts owed to group undertakings

425,470

1,810,109

Taxation and social security

13,991

25,402

Other creditors

110,089

299,499

550,008

2,389,212

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rebecca Richards FCCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The parent company that produces consolidated accounts is Blueoak Estates Limited, a company registered in England and Wales. The registered office address is 20 Grosvenor Street Chester, England, CH1 2DD. This is also the ultimate parent company. Consolidated accounts are available from Companies House.

In the opinion of the directors there is no ultimate controlling party.