REGISTERED NUMBER: 11508463 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 AUGUST 2025

FOR

BLUE SPIRE PROPERTIES LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

57,699

72,123

Investments

5

100,000

-

Investment property

6

1,199,900

1,199,900

1,357,599

1,272,023

CURRENT ASSETS

Debtors

7

500

19,285

Cash at bank

16,991

76,374

17,491

95,659

CREDITORS

Amounts falling due within one year

8

71,889

34,923

NET CURRENT (LIABILITIES)/ASSETS

(54,398

)

60,736

TOTAL ASSETS LESS CURRENT LIABILITIES

1,303,201

1,332,759

CREDITORS

Amounts falling due after more than one year

9

841,391

841,391

NET ASSETS

461,810

491,368

CAPITAL AND RESERVES

Called up share capital

10

200

200

Share premium

576,395

576,395

Retained earnings

(114,785

)

(85,227

)

SHAREHOLDERS' FUNDS

461,810

491,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 August 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by:

Mrs M T Harper - Director

1.	STATUTORY INFORMATION

Blue Spire Properties Ltd 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:

11508463

Registered office:

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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.

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover comprises revenue recognised by the company in respect of rent and services charges receivable.

TANGIBLE FIXED ASSETS

Assets are depreciated on a straight-line basis over five years.

The assets' residual values, useful lives and depreciation methods are reviewed at each reporting date and adjusted prospectively where appropriate.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GOING CONCERN

The company's balance sheet shows a net deficit shareholders fund position. However, the director's have received confirmation from the shareholders of their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

Cost

At 30 August 2024

and 29 August 2025

112,500

Depreciation

At 30 August 2024

40,377

Charge for year

14,424

At 29 August 2025

54,801

Net book value

At 29 August 2025

57,699

At 29 August 2024

72,123

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Investments in LLP

100,000

-

6.	INVESTMENT PROPERTY

Total

£

Cost

At 30 August 2024

and 29 August 2025

1,199,900

Net book value

At 29 August 2025

1,199,900

At 29 August 2024

1,199,900

The period end investment properties valuation was made by the directors, on an open market value using current market data for similar properties in the same area. The directors believe that there has been no significant change in the value of the property during the accounting period.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

500

19,285

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,507

1,307

Amounts owed to group undertakings

13,187

11,486

Other creditors

56,195

22,130

71,889

34,923

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

841,391

841,391

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

841,391

841,391

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200