REGISTERED NUMBER: 06838876 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Bluefire Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Lennon

REGISTERED OFFICE:

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

REGISTERED NUMBER:

06838876 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

FIXED ASSETS

Investments

4

1

1

Investment property

5

1,747,868

1,620,000

1,747,869

1,620,001

CURRENT ASSETS

Debtors

6

69,940

69,491

Cash at bank and in hand

190,394

71,768

260,334

141,259

CREDITORS

Amounts falling due within one year

7

4,772

21,229

NET CURRENT ASSETS

255,562

120,030

TOTAL ASSETS LESS CURRENT LIABILITIES

2,003,431

1,740,031

PROVISIONS FOR LIABILITIES

64,818

64,818

NET ASSETS

1,938,613

1,675,213

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings - not

distributable

451,251

451,251

Retained earnings

1,487,356

1,223,956

SHAREHOLDERS' FUNDS

1,938,613

1,675,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 12 June 2026 and were signed by:

T Lennon - Director

1.	STATUTORY INFORMATION

Bluefire Property 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 as modified by the revaluation of certain assets.

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,620,000

Additions

127,868

At 31 March 2026

1,747,868

NET BOOK VALUE

At 31 March 2026

1,747,868

At 31 March 2025

1,620,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2024

516,070

Cost

1,231,798

1,747,868

If the properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

1,103,930

1,103,930

The investment properties were valued on an open market basis on 31 March 2024 by Walker & Waterer Ltd .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

69,940

69,491

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,422

5,481

Taxation and social security

-

14,074

Other creditors

1,350

1,674

4,772

21,229

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

T Lennon

Balance outstanding at start of year

51,324

56,165

Amounts advanced

1,108

56,159

Amounts repaid

(1,540

)

(61,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,892

51,324

Interest is being charged on the loan at HMRCs official rate.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Lennon and M Lennon.