ACCOUNTS - Final Accounts preparation

Registered number: 14043234

BLUE NOTE WESTERN FLEET LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

BLUE NOTE WESTERN FLEET LIMITED

REGISTERED NUMBER: 14043234

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		2,753,810		2,648,525
			2,753,810		2,648,525
Current assets
Debtors: Amounts falling due within one year	5	100		100
Cash at bank and in hand	6	8,048		40,943
		8,148		41,043
Creditors: Amounts falling due within one year	7	(3,106,442)		(2,941,441)
Net current liabilities			(3,098,294)		(2,900,398)
Total assets less current liabilities			(344,484)		(251,873)

Net liabilities			(344,484)		(251,873)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(344,584)	(251,973)
	(344,484)	(251,873)

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BLUE NOTE WESTERN FLEET LIMITED

REGISTERED NUMBER: 14043234

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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

W K D Laxton

Director

Date: 4 September 2026

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BLUE NOTE WESTERN FLEET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Blue Note Western Fleet Limited is a private company, limited by shares, registered in England and Wales, registration number 14043234. The registered office and trading address is 2 Babmaes Street, London, United Kingdom, SW1Y 6HD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements for the Company have been prepared on a going concern basis. The Company recorded a loss after tax for the financial year of £92,611 and had net liabilities of £344,484 at the date of the Statement of Financial Position.

After reviewing the Company's forecasts and projections the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least the next twelve months following approval of these financial statements.

2.3

Investment property

Investment properties are carried at fair value determined annually by the directors supported by valuations made by external valuers 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. Changes in fair value are recognised in profit or loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.6

Creditors

Short-term creditors are measured at the transaction price.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024: £Nil).

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BLUE NOTE WESTERN FLEET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 January 2025	2,648,526
	Additions at cost	105,284
	At 31 December 2025	2,753,810

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Debtors

					2025	2024
					£	£

	Called up share capital not paid	100	100

6.	Cash
		2025	2024
		£	£

	Cash at bank and in hand	8,048	40,943

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to group undertakings	3,106,442	2,941,441

8.	Related party transactions
	Included within creditors is an amount of £3,106,442 (2024: £2,941,441) owed to a company connected by way of having directors in common with the Company. The balance is interest free and repayable on demand.

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BLUE NOTE WESTERN FLEET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

9.	Controlling party

The immediate parent company is Blue Note Western Fleet Holdings Limited and the ultimate parent company is Mactaggart Heritable Limited, both of which are registered in England and Wales. Mactaggart Heritable Limited produces consolidated financial statements that are available to the public, from Registrar of Companies at Companies House.

The directors consider there to be no ultimate controlling party.

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