Bluebell Meadow Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10642540

BLUEBELL MEADOW LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

28 February 2025

BLUEBELL MEADOW LIMITED

STATEMENT OF FINANCIAL POSITION

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		128,829	145,633

Current assets

Debtors	5	1,807	1,582
Cash at bank and in hand		984	3,255
		-------	-------
		2,791	4,837

Creditors: amounts falling due within one year	6	176,463		177,197
		----------		----------
Net current liabilities			173,672	172,360
			----------	----------
Total assets less current liabilities			( 44,843)	( 26,727)
			---------	---------
Net liabilities			( 44,843)	( 26,727)
			---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 44,943)	( 26,827)
	---------	---------
Shareholders deficit	( 44,843)	( 26,727)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

BLUEBELL MEADOW LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

28 February 2025

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mr L Allcock	Mrs J H Allcock
Director	Director

Company registration number: 10642540

BLUEBELL MEADOW LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 28 FEBRUARY 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Newton Farmhouse, Dorchester Road, Lytchett Minster, Poole, BH166HS, Dorset.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have confirmed that in their opinion, and with their continued financial support in the form of director's loans, there are no known material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern for the foreseeable future.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	10% straight line
Equipment	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Property improvements	Equipment	Total
	£	£	£
Cost
At 29 February 2024	142,848	63,979	206,827
Additions	–	4,309	4,309
	----------	---------	----------
At 28 February 2025	142,848	68,288	211,136
	----------	---------	----------
Depreciation
At 29 February 2024	42,855	18,339	61,194
Charge for the year	14,284	6,829	21,113
	----------	---------	----------
At 28 February 2025	57,139	25,168	82,307
	----------	---------	----------
Carrying amount
At 28 February 2025	85,709	43,120	128,829
	----------	---------	----------
At 28 February 2024	99,993	45,640	145,633
	----------	---------	----------

5. Debtors

	2025	2024
	£	£
Trade debtors	1,807	1,132
Other debtors	–	450
	-------	-------
	1,807	1,582
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	914	320
Accruals and deferred income	995	3,231
Director loan accounts	174,554	172,539
Other creditors	–	1,107
	----------	----------
	176,463	177,197
	----------	----------

7. Related party transactions

The company directors, Mr L and Mrs J Allcock, have provided personal loans to the company which totalled £174,554 at 28 February 2025 (2024: £172,539).