REGISTERED NUMBER: 11157109 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Bluefriars Acquisition Services Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Financial Statements

6

DIRECTORS:

David Gwynn Owen

David Plummer

REGISTERED OFFICE:

Suncrest, Throcking Lane

Buntingford

Hertfordshire

SG9 9RP

REGISTERED NUMBER:

11157109 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

The directors present their report with the financial statements of the company for the year ended 30 April 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2024 to the date of this report.

David Gwynn Owen

David Plummer

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

David Gwynn Owen - Director

17 November 2025

TURNOVER

145,000

154,693

Cost of sales

2,000

4,500

GROSS PROFIT

143,000

150,193

Administrative expenses

151,139

46,775

OPERATING (LOSS)/PROFIT

(8,139

)

103,418

Interest receivable and similar income

99

111

(LOSS)/PROFIT BEFORE TAXATION

(8,040

)

103,529

Tax on (loss)/profit

(1,733

)

26,166

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(6,307

)

77,363

FIXED ASSETS

Tangible assets

4

379

1,106

CURRENT ASSETS

Debtors

5

3,210

11,592

Cash at bank

91,048

105,229

94,258

116,821

CREDITORS

Amounts falling due within one year

6

21,429

38,507

NET CURRENT ASSETS

72,829

78,314

TOTAL ASSETS LESS CURRENT LIABILITIES

73,208

79,420

PROVISIONS FOR LIABILITIES

95

-

NET ASSETS

73,113

79,420

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

73,112

79,419

73,113

79,420

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2025 and were signed on its behalf by:

David Gwynn Owen - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 May 2023

1

9,056

9,057

Changes in equity

Dividends

-

(7,000

)

(7,000

)

Total comprehensive income

-

77,363

77,363

Balance at 30 April 2024

1

79,419

79,420

Changes in equity

Total comprehensive income

-

(6,307

)

(6,307

)

Balance at 30 April 2025

1

73,112

73,113

1.	STATUTORY INFORMATION

Bluefriars Acquisition Services 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 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.

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

3,497

DEPRECIATION

At 1 May 2024

2,391

Charge for year

727

At 30 April 2025

3,118

NET BOOK VALUE

At 30 April 2025

379

At 30 April 2024

1,106

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

900

11,400

Other debtors

2,310

192

3,210

11,592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

298

874

Amounts owed to group undertakings

2,622

966

Taxation and social security

16,889

35,052

Other creditors

1,620

1,615

21,429

38,507

7.	ULTIMATE CONTROLLING PARTY

The company is a 55.55% subsidiary of Bluefriars Group Limited formerly Bluefriars Limited, a

company incorporated in England.