Bluefield Construction Management Limited

(Registration number: 15041684)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,656	-
Current assets
Debtors	5	308,090	3,239
Cash at bank and in hand		37,158	4,428
		345,248	7,667
Creditors: Amounts falling due within one year	6	(599,226)	(130,817)
Net current liabilities		(253,978)	(123,150)
Net liabilities		(252,322)	(123,150)
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(252,422)	(123,250)
Total equity		(252,322)	(123,150)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 30 June 2026 and signed on its behalf by:
 

.........................................

M W Eales
Director

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1st Floor
25 King Street
Bristol
BS1 4PB
United Kingdom

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Going concern

The company's financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs. The directors have considered a period of twelve month from the date of the approval of the financial statements. The company is reliant on the ongoing support of the parent company to be able to meet liabilities as they fall due. The directors of the company have received confirmation from the parent company that the parent will continue its support for a period no shorter than twelve months from the date of approval of these financial statements. Accordingly, these financial statements have been prepared on a going concern basis.

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
the amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity; and
specific criteria have been met for each of the company's activities.

Revenue earned from construction management services is recognised as those services are performed as per the agreement in place with the respective development sites. There may be deferred or accrued income on the balance sheet depending on the revenue recognised and the level of cumulative billing as at the reporting date.

Tax

The tax expense represents the sum of the current tax expense and deferred tax expense. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Machinery and equipment	33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost and using the effective interest method if the balance is due in more than one year.

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits, including the cost of any unused holiday entitlement, are recognised as a liability and an expense in the period in which the employees' services are received.

3	Staff numbers

The average number of persons employed by the company during the year, was 3 (2025 - 3).

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

4	Tangible fixed assets

	Other tangible assets £
Cost
Additions	2,250
At 31 March 2026	2,250
Depreciation
Charge for the year	594
At 31 March 2026	594
Carrying amount
At 31 March 2026	1,656
At 31 March 2025	-

5	Debtors: amounts falling due within one year

	Note	2026 £	2025 £
Trade debtors	8	306,642	-
Prepayments and accrued income		1,448	986
Other debtors		-	2,253
		308,090	3,239

6

Creditors

	Note	2026 £	2025 £
Amounts falling due within one year
Trade creditors		2,709	264
Amounts owed to group undertakings		506,345	106,895
Amounts owed to related parties	8	16,450	1,221
Taxation and social security		56,251	4,585
Accruals		17,471	17,852
		599,226	130,817

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8	Related party transactions

Summary of transactions with other related parties

One of the directors of Bluefield Construction Management Limited, who has significant control of the company by virture of their control over the parent company (Bluefield Services Limited), also has significant control of another entity. The company has transactions directly with that other entity which is a related party.

The same director is also a member of the key management personnel of a further entity. The company transacts with that entity and its subsidiaries therefore that entity and its subsidiaries are considered to be related parties of the company.

The aggregate values of all transactions with these related parties are summarised below.

Income and receivables from related parties

2026	Other related parties £
Sale of services	308,719
Amounts receivable from related party	306,642

2025	Other related parties £
Sale of services	108,000

Bluefield Construction Management Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Expenditure with and payables to related parties

2026	Other related parties £
Purchases of services	12,960
Amounts payable to related parties	16,450

2025	Other related parties £
Purchases of services	1,221
Amounts payable to related parties	1,221

The company has taken advantage of the exemption under FRS 102 Section 33 not to provide information on related party transactions with other wholly owned companies within the group headed by Bluefield Services Limited.

9	Parent and ultimate parent undertaking

The company's immediate parent is Bluefield Services Limited, incorporated in England and Wales with registered office: 1st Floor, 25 King Street, Bristol. United Kingdom, BS1 4PB. Bluefield Services Limited is the parent undertaking of the smallest and largest group within which the company belongs and for which group financial statements are prepared.

In the opinion of the directors, there is no ultimate controlling party.

10	Audit report

As the profit and loss account has been omitted from the filing copy of the financial statements the following information is in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

• The Independent Auditor's Report was unqualified.
• The name of the Senior Statutory Auditor who signed the audit report on 30 June 2026 was David Wright BSc FCA.
• The auditor was Corrigan Accountants Limited.