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REGISTERED NUMBER: 00728461 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BLUE SKY PROPERTIES LIMITED
BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

BALANCE SHEET
31 DECEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,112 617
Investment property 5 1,520,000 1,520,000
1,521,112 1,520,617

CURRENT ASSETS
Debtors 6 4,197 4,676
Cash at bank 70,952 60,300
75,149 64,976
CREDITORS
Amounts falling due within one year 7 23,749 17,682
NET CURRENT ASSETS 51,400 47,294
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,572,512
1,567,911

PROVISIONS FOR LIABILITIES 8 291,729 291,729
NET ASSETS 1,280,783 1,276,182

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 875,187 875,187
Retained earnings 405,496 400,895
1,280,783 1,276,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

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BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

BALANCE SHEET - continued
31 DECEMBER 2025


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 Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:




P Shalless - Director



T J Allen-Shalless - Director


The notes form part of these financial statements

Page 2
BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025


1. STATUTORY INFORMATION

Blue Sky Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00728461

Registered office: Copper Beech
Brassey Road
Oxted
Surrey
RH8 0EU

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rents receivable, and is recognised based on the period it relates to.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of accumulated depreciation and impairment losses.

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.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and then transferred to a revaluation reserve.

Taxation
Taxation for the year comprises current 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.

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.

Page 3 continued...
BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2025 2,893 644 3,537
Additions - 649 649
At 31 December 2025 2,893 1,293 4,186
DEPRECIATION
At 1 January 2025 2,893 27 2,920
Charge for year - 154 154
At 31 December 2025 2,893 181 3,074
NET BOOK VALUE
At 31 December 2025 - 1,112 1,112
At 31 December 2024 - 617 617

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2025
and 31 December 2025 1,520,000
NET BOOK VALUE
At 31 December 2025 1,520,000
At 31 December 2024 1,520,000

Fair value at 31 December 2025 is represented by:
£   
Valuation in 2024 1,166,916
Cost 353,084
1,520,000

Investment property was valued on an open market basis on 31 December 2025 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Prepayments and accrued income 4,197 4,676

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BLUE SKY PROPERTIES LIMITED (REGISTERED NUMBER: 00728461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 9,120 3,838
Other creditors 4,449 6,353
Directors' current accounts 4,592 2,376
Accruals and deferred income 5,588 5,115
23,749 17,682

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 291,729 291,729

Deferred
tax
£   
Balance at 1 January 2025 291,729
Balance at 31 December 2025 291,729

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