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Registered number: 13197463
Bl Real Estate Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13197463
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,185 5,580
Investment Properties 5 375,245 375,245
379,430 380,825
CURRENT ASSETS
Debtors 6 29,104 1,415
Cash at bank and in hand 2,585 1,238
31,689 2,653
Creditors: Amounts Falling Due Within One Year 7 (390,086 ) (376,165 )
NET CURRENT ASSETS (LIABILITIES) (358,397 ) (373,512 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,033 7,313
NET ASSETS 21,033 7,313
CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 127 -
Profit and Loss Account 20,806 7,213
SHAREHOLDERS' FUNDS 21,033 7,313
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For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 B Lovrovic
Director
28/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bl Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13197463 . The registered office is 17 The Chancel Grey Street, Manchester, Lancashire, M25 1RH.
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 represents rents receivable on investment properties for the accounting period.
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:
Fixtures & Fittings 25% on reducing balance
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. 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. 
2.6. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 March 2025 7,196
As at 28 February 2026 7,196
Depreciation
As at 1 March 2025 1,616
Provided during the period 1,395
As at 28 February 2026 3,011
Net Book Value
As at 28 February 2026 4,185
As at 1 March 2025 5,580
5. Investment Property
2026
£
Fair Value
As at 1 March 2025 and 28 February 2026 375,245
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 375,245 375,245
The investment properties were purchased in 2024 and have not been revalued at the year end February 2026, as the director does not believe the market value would have changed in this period.
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 29,104 1,415
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Amounts owed to group undertakings 161,027 150,100
Other creditors 225,524 223,411
Taxation and social security 3,535 2,654
390,086 376,165
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8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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