REGISTERED NUMBER: 11419758 (England and Wales)

Blue Door Lettings Limited

Unaudited Financial Statements

for the Year Ended 30 June 2025

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Director:

R Barnes

Registered office:

Pierrepont Farm

Terrington Marsh

Kings Lynn

Norfolk

PE34 4JD

Registered number:

11419758 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Director's report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blue Door Lettings Limited for the year ended 30 June 2025 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Blue Door Lettings Limited in accordance with the terms of our engagement letter dated 19 June 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Blue Door Lettings Limited and state those matters that we have agreed to state to the director of Blue Door Lettings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blue Door Lettings Limited and its director for our work or for this report.

It is your duty to ensure that Blue Door Lettings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blue Door Lettings Limited. You consider that Blue Door Lettings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blue Door Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

29 October 2025

Fixed assets

Tangible assets

5

15,788

19,735

Investment property

6

1,722,504

1,701,000

1,738,292

1,720,735

Current assets

Debtors

7

78,987

4,659

Cash at bank

74,179

161,402

153,166

166,061

Creditors

Amounts falling due within one year

8

23,456

17,116

Net current assets

129,710

148,945

Total assets less current liabilities

1,868,002

1,869,680

Creditors

Amounts falling due after more than one year

9

(1,559,818

)

(1,613,876

)

Provisions for liabilities

(17,599

)

(11,086

)

Net assets

290,585

244,718

Capital and reserves

Called up share capital

10

10

Non-distributable reserve

11

47,448

36,198

Retained earnings

11

243,127

208,510

290,585

244,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 29 October 2025 and were signed by:

R Barnes - Director

1.	Statutory information

Blue Door Lettings 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 etc

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 July 2024

and 30 June 2025

42,588

Depreciation

At 1 July 2024

22,853

Charge for year

3,947

At 30 June 2025

26,800

Net book value

At 30 June 2025

15,788

At 30 June 2024

19,735

6.	Investment property

Total

£

Fair value

At 1 July 2024

1,701,000

Additions

6,504

Revaluations

15,000

At 30 June 2025

1,722,504

Net book value

At 30 June 2025

1,722,504

At 30 June 2024

1,701,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2022

93,929

Valuation in 2023

(29,666

)

Valuation in 2024

(16,000

)

Valuation in 2025

15,000

Cost

1,659,241

1,722,504

If Investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,659,241

1,652,737

Investment property was valued on an open market basis basis on 6 February 2024 by the director .

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by associates

349

-

Other loan < 1 year

75,000

-

Prepayments

3,638

4,659

78,987

4,659

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Tax

13,070

6,117

Social security and other taxes

189

-

Accrued expenses

10,197

10,999

23,456

17,116

9.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans more 5 yrs non-inst

761,487

762,260

Directors' loan accounts

798,331

851,616

1,559,818

1,613,876

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

761,487

762,260

10.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

761,487

762,260

The bank loans of £762,260 (2024: £762.260) are secured by the following:

(a) a legal charge dated 17 January 2020 over the freehold of 12 Tower Crescent, Lincoln LN2 5QE

(b) a legal charge dated 4 October 2019 over the freehold of 132 Viking, Bracknell RG12 8UW

(c) a legal charge dated 3 October 2020 over the freehold of 16 South Park, Lincoln LN5 8EP

(d) a legal charge date 10 October 2021 over the freehold of 59 St Catherines, Lincoln LN5 8LR

11.

Reserves

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 July 2024

208,510

36,198

244,708

Profit for the year

47,867

47,867

Dividends

(2,000

)

(2,000

)

Investment property gain

-

11,250

11,250

Reval'n of investment property

(11,250

)

-

(11,250

)

At 30 June 2025

243,127

47,448

290,575