ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 03686801

BLUE TOWN SECURITIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025


BLUE TOWN SECURITIES LIMITED REGISTERED NUMBER:03686801

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	3,122,620		2,956,992
Cash at bank and in hand		277,390		593,213
		3,400,010		3,550,205
Creditors: amounts falling due within one year	5	(3,073,278)		(82,548)
Net current assets			326,732		3,467,657
Total assets less current liabilities			326,732		3,467,657
Creditors: amounts falling due after more than one year	6		-		(3,045,000)

Net assets			326,732		422,657

Capital and reserves
Called up share capital	2	2
Profit and loss account	326,730	422,655
	326,732	422,657

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BLUE TOWN SECURITIES LIMITED REGISTERED NUMBER:03686801

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M Jaye

Director

Date: 2 December 2025

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BLUE TOWN SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Blue Town Securities Limited is a limited liability company incorporated in England and Wales. The Company's registered number is 03686801. The company's registered office is 2 London Wall Place, London, EC2Y 5AU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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BLUE TOWN SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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BLUE TOWN SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Owed by Blue Town Estates Limited	1,718,529	1,605,800
Owed by Blue Town Commercial Limited	1,404,091	1,351,192
	3,122,620	2,956,992

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	3,067,500	62,500
Other creditors	4,224	19,418
Accruals and deferred income	1,554	630
	3,073,278	82,548

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	-	3,045,000

Amounts falling due within one year
Bank loans	3,067,500	62,500


Amounts falling due after more than 5 years
Bank loans	-	3,045,000
	3,067,500	3,107,500

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BLUE TOWN SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Related party transactions
	The company's ultimate controlling party was M Jaye, a director. At 31 March 2025 £4,224 (2024: £19,418) was owed to M Jaye. Included in debtors are amounts owed to Companies in which M Jaye also has a controlling interest (see note 4).

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