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Company Registration No. 04449498 (England and Wales)
Blue Properties UK Limited Unaudited accounts for the year ended 31 May 2025
Blue Properties UK Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Blue Properties UK Limited Company Information for the year ended 31 May 2025
Directors
Bobby Dhanda Sukhdev Kella
Company Number
04449498 (England and Wales)
Registered Office
Monkswell House Manse Lane Knaresborough North Yorkshire HG5 8NQ England
Accountants
Craven Professional Solutions 126 Monkswell House Manse Lane Knaresborough North Yorkshire HG5 8NQ
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Blue Properties UK Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
348,328
348,328
Current assets
Debtors
5
52,500
50,000
Cash at bank and in hand
1,842
1,339
54,342
51,339
Creditors: amounts falling due within one year
6
(12,103)
(10,289)
Net current assets
42,239
41,050
Total assets less current liabilities
390,567
389,378
Creditors: amounts falling due after more than one year
7
(235,791)
(238,791)
Net assets
154,776
150,587
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
154,676
150,487
Shareholders' funds
154,776
150,587
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2026 and were signed on its behalf by
Bobby Dhanda Director Company Registration No. 04449498
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Blue Properties UK Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Blue Properties UK Limited is a private company, limited by shares, registered in England and Wales, registration number 04449498. The registered office is Monkswell House, Manse Lane, Knaresborough, North Yorkshire, HG5 8NQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of rents receivable.
Tangible fixed assets policy
The Company's properties are held for long term investment. Investment properties are accounted for in accordance with SSAP 19, as follows:- i) No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year, and ii) no depreciation is provided in respect of leasehold investment properties where the lease has over 20 years to run. The treatment, as regards the Company's investment properties, may be a departure from the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption, but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 June 2024
348,328
At 31 May 2025
348,328
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
348,328
At 31 May 2024
348,328
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Blue Properties UK Limited Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
52,500
50,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,000
3,000
Taxes and social security
982
448
Loans from directors
7,641
6,161
Accruals
480
680
12,103
10,289
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
235,791
238,791
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
On 31 May 2023 a five year loan of £50,000 was granted in favour of Artisan Droitwich Spa Limited, a Company registered in England with common ownership of the Directors. The loan has interest of 5% per annum and is repayable by 31 May 2028. As at 31 May 2025 there is a balance due to Artisan Droitwich Spa Limited of £52,500 (2024 - £50,000).
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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