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Registration number: 09332089

Bluejay Developments Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Bluejay Developments Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Bluejay Developments Limited

Company Information

Director | Mr James Lloyd Stone

Registered office | Holly Tree Farm Kidmore Lane Kidmore End Reading Berkshire RG4 9AX

Accountants | Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

Bluejay Developments Limited

(Registration number: 09332089)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 184 | 2,118
Current assets |  |  |
Stocks | 4 | 260,767 | 257,623
Debtors | 5 | 8,883 | 103,055
Cash at bank and in hand |  | 11,771 | 791
|  | 281,421 | 361,469
Creditors: Amounts falling due within one year | 6 | (55,448) | (81,917)
Net current assets |  | 225,973 | 279,552
Net assets |  | 226,157 | 281,670
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 226,057 | 281,570
Shareholders' funds |  | 226,157 | 281,670

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. Preparing financial statements which give a true and fair view.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 October 2025

......................................... Mr James Lloyd Stone Director

Bluejay Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks comprise the cost of properties under construction as work in progress. This includes direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the projects to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Bluejay Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

1 | Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Bluejay Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

3 | Tangible assets

| Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 June 2024 | 1,047 | 739 | 27,444 | 29,230
At 31 May 2025 | 1,047 | 739 | 27,444 | 29,230
Depreciation
At 1 June 2024 | 1,047 | 370 | 25,695 | 27,112
Charge for the year | - | 185 | 1,749 | 1,934
At 31 May 2025 | 1,047 | 555 | 27,444 | 29,046
Carrying amount
At 31 May 2025 | - | 184 | - | 184
At 31 May 2024 | - | 369 | 1,749 | 2,118

4 | Stocks

| 2025 £ | 2024 £
Work in progress | 260,767 | 257,623

Bluejay Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025 (continued)

5 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties |  | - | 99,329
Other debtors |  | 8,883 | 3,726
|  | 8,883 | 103,055

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | - | 2,712
Trade creditors |  | 2,098 | 715
Taxation and social security |  | 972 | -
Accruals and deferred income |  | 2,635 | 2,510
Other creditors |  | 49,743 | 75,980
|  | 55,448 | 81,917

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | - | 2,712