Company Registration No. 05282295 (England and Wales)
Blue Residential (Guiseley) Limited
Unaudited accounts
for the year ended 30 November 2025
Blue Residential (Guiseley) Limited
Unaudited accounts
Contents
Blue Residential (Guiseley) Limited
Company Information
for the year ended 30 November 2025
Directors
Ms Sheryl Burton
Mr Daniel McCaul
Secretary
Mrs Wendy Scholefield
Company Number
05282295 (England and Wales)
Registered Office
86 Otley Road
Guiseley
Leeds
West Yorkshire
LS20 8BH
England
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
Blue Residential (Guiseley) Limited
Statement of financial position
as at 30 November 2025
Tangible assets
236,521
239,347
Investment property
757,371
757,371
Cash at bank and in hand
300,208
335,636
Creditors: amounts falling due within one year
(459,022)
(401,737)
Net current liabilities
(155,160)
(60,673)
Total assets less current liabilities
838,732
936,045
Creditors: amounts falling due after more than one year
-
(133,579)
Provisions for liabilities
Deferred tax
(17,393)
(17,393)
Net assets
821,339
785,073
Called up share capital
200
200
Profit and loss account
821,139
784,873
Shareholders' funds
821,339
785,073
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by
Ms Sheryl Burton
Director
Company Registration No. 05282295
Blue Residential (Guiseley) Limited
Notes to the Accounts
for the year ended 30 November 2025
Blue Residential (Guiseley) Limited is a private company, limited by shares, registered in England and Wales, registration number 05282295. The registered office is 86 Otley Road, Guiseley, Leeds, West Yorkshire, LS20 8BH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% of Cost
Fixtures & fittings
15% on reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Blue Residential (Guiseley) Limited
Notes to the Accounts
for the year ended 30 November 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
At 30 November 2025
29,950
At 30 November 2025
29,950
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2024
254,625
47,614
302,239
At 30 November 2025
254,625
47,614
302,239
At 1 December 2024
20,466
42,426
62,892
Charge for the year
2,047
779
2,826
At 30 November 2025
22,513
43,205
65,718
At 30 November 2025
232,112
4,409
236,521
At 30 November 2024
234,159
5,188
239,347
Fair value at 1 December 2024
757,371
At 30 November 2025
757,371
Valuation in 2011 £27,000
Valuation in 2015 £59,965
If Investment Property had not been revalued it would have been included at the following historical cots £610,406
Investment property was valued on an open market basis on 30 November 2015 by:
Mr Dan McCaul MRICS and Nabarro McAllister & Co Chartered Surveyors
Blue Residential (Guiseley) Limited
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Accrued income and prepayments
1,795
2,708
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
118,085
86,331
Trade creditors
1,454
3,071
Taxes and social security
50,238
35,632
Other creditors
283,245
270,703
9
Creditors: amounts falling due after more than one year
2025
2024
10
Average number of employees
During the year the average number of employees was 6 (2024: 6).