REGISTERED NUMBER: 07905480 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

BLUE STEEL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Soteriou

REGISTERED OFFICE:

12 Gateway Mews

Ring Way

London

N11 2UT

REGISTERED NUMBER:

07905480 (England and Wales)

ACCOUNTANTS:

G. George Associates Limited

Chartered Certified Accountants

12 Gateway Mews

Ring Way

London

N11 2UT

FIXED ASSETS

Tangible assets

4

22,779

26,452

Investment property

5

1,000,000

1,000,000

1,022,779

1,026,452

CURRENT ASSETS

Debtors

6

4,165

1,026

Cash at bank

609

987

4,774

2,013

CREDITORS

Amounts falling due within one year

7

48,869

52,458

NET CURRENT LIABILITIES

(44,095

)

(50,445

)

TOTAL ASSETS LESS CURRENT LIABILITIES

978,684

976,007

CREDITORS

Amounts falling due after more than one year

8

(181,292

)

(166,056

)

PROVISIONS FOR LIABILITIES

(138,603

)

(138,603

)

NET ASSETS

658,789

671,348

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

9

435,990

435,990

Retained earnings

221,799

234,358

SHAREHOLDERS' FUNDS

658,789

671,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2026 and were signed by:

B Soteriou - Director

1.	STATUTORY INFORMATION

Blue Steel Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents net invoiced sales of trading property, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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. Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the property is sold.

The fair value profits on investment property is not a realised profit available for distribution. In order to differentiate the non-distributable proftits with the distributable profits of the company, any fair value movements on investment property less the deferred tax on such movements is transferred from retained earnings to fair value reserves, which is a non-distributable reserve.

Taxation

Taxation for the year comprises current and deferred 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.

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 balance sheet date.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

4,759

5,333

50,917

2,539

63,548

Additions

2,020

-

-

1,901

3,921

At 31 January 2026

6,779

5,333

50,917

4,440

67,469

DEPRECIATION

At 1 February 2025

2,162

3,557

29,436

1,941

37,096

Charge for year

1,155

444

5,370

625

7,594

At 31 January 2026

3,317

4,001

34,806

2,566

44,690

NET BOOK VALUE

At 31 January 2026

3,462

1,332

16,111

1,874

22,779

At 31 January 2025

2,597

1,776

21,481

598

26,452

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

and 31 January 2026

50,917

DEPRECIATION

At 1 February 2025

and 31 January 2026

29,436

NET BOOK VALUE

At 31 January 2026

21,481

At 31 January 2025

21,481

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

1,000,000

NET BOOK VALUE

At 31 January 2026

1,000,000

At 31 January 2025

1,000,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2017

473,121

Valuation in 2023

101,471

Cost

425,408

1,000,000

If investment property had not been revalued it would have been included at the following historical cost:

31.1.26

31.1.25

£

£

Cost

425,408

425,408

Investment property was valued on an open market basis on 31 January 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

4,165

1,026

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,409

10,397

Hire purchase contracts

10,394

9,810

Trade creditors

2,755

551

Taxation and social security

8,939

9,328

Other creditors

22,372

22,372

48,869

52,458

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

4,409

Hire purchase contracts

5,427

15,821

Other creditors

175,865

145,826

181,292

166,056

9.

RESERVES

Fair

value

reserve

£

At 1 February 2025

and 31 January 2026

435,990