Blue Eyed Sun Ltd

	Page
Company Information	1
Accountants' Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—8

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Blue Eyed Sun Ltd

Accountants' Report

For The Year Ended 31 March 2025

Accountants' Report

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 Eyed Sun Ltd for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the directors of Blue Eyed Sun Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blue Eyed Sun Ltd and state those matters that we have agreed to state to the directors of Blue Eyed Sun Ltd in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Blue Eyed Sun Ltd 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 Eyed Sun Ltd . You consider that Blue Eyed Sun Ltd 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 Eyed Sun Ltd . 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.

Signed

Merranti Accounting Ltd

5 December 2025

Merranti Accounting Ltd

10 Scandia-Hus Business Park Felcourt Park

East Grinstead

West Sussex

RH19 2LP

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Blue Eyed Sun Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 05388375

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		555,236		557,954
Investment Properties	5		2,075,000		2,100,000
Investments	6		1		1

			2,630,237		2,657,955
CURRENT ASSETS
Stocks	7	100		4,665
Debtors	8	6,635		30,676
Cash at bank and in hand		133,031		90,970

		139,766		126,311
Creditors: Amounts Falling Due Within One Year	9	(104,048 )		(136,261 )

NET CURRENT ASSETS (LIABILITIES)			35,718		(9,950 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,665,955		2,648,005

Creditors: Amounts Falling Due After More Than One Year	10		(467,478 )		(515,598 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(167,257 )		(230,991 )

NET ASSETS			2,031,220		1,901,416

CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Revaluation reserve			616,158		592,181
Other reserves			127,254		112,500
Profit and Loss Account			1,286,808		1,195,735

SHAREHOLDERS' FUNDS			2,031,220		1,901,416

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Blue Eyed Sun Ltd

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jeremy Corner

Director

5 December 2025

The notes on pages 5 to 8 form part of these financial statements.

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Blue Eyed Sun Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Blue Eyed Sun Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05388375 . The registered office is 58 Victoria Road, Burgess Hill, RH15 9LR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not provided
Fixtures & Fittings	25% Reducing balance method
Computer Equipment	33% Straightline method

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Blue Eyed Sun Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 6)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	550,000	71,452	621,452

As at 31 March 2025	550,000	71,452	621,452

Depreciation
As at 1 April 2024	-	63,498	63,498
Provided during the period	-	2,718	2,718

As at 31 March 2025	-	66,216	66,216

Net Book Value
As at 31 March 2025	550,000	5,236	555,236

As at 1 April 2024	550,000	7,954	557,954

Included within the net book value of land and buildings above is £550,000 (2024- £550,000) in respect of freehold land and buildings and £Nil (2022 - £Nil) in respect of short leasehold land and buildings.

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Blue Eyed Sun Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	2,100,000
Revaluations	(25,000)

As at 31 March 2025	2,075,000

6. Investments

	Unlisted
	£
Cost
As at 1 April 2024	1

As at 31 March 2025	1

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1

As at 1 April 2024	1

7. Stocks

	2025	2024
	£	£
Stock - Materials	100	3,399
Stock - Finished goods	-	266
Stock - Giftware	-	1,000

	100	4,665

8. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,268	23,703
Other debtors	4,367	6,973

	6,635	30,676

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Blue Eyed Sun Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,432	11,381
Bank loans and overdrafts	45,000	42,000
Other creditors	28,447	60,690
Taxation and social security	26,169	22,190

	104,048	136,261

Creditors include bank loans which are secured on the company freehold properties of £45,000 (2024- £42,000).

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	467,478	515,598

Creditors include bank loans which are secured on the company freehold properties of £467,478 (2024 - £515,598).

11. Post Balance Sheet Events

One of the company’s investment properties was sold after the year end. The fair value at the reporting date was adjusted to reflect the agreed sale price, which was known prior to the year end.

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Directors	Mr Jeremy Corner
	Miss Joanne Kirby

Secretary	Mr Jeremy Corner

Company Number	05388375

Registered Office	58 Victoria Road
	Burgess Hill
	RH15 9LR

Accountants	Merranti Accounting Ltd
	10 Scandia-Hus Business Park Felcourt Park
	East Grinstead
	West Sussex
	RH19 2LP