REGISTERED NUMBER: 12501727 (England and Wales)

Bluestone Housing Limited

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Habershon

W Habershon

J Habershon

G A Habershon

REGISTERED OFFICE:

One New Street

Wells

Somerset

BA5 2LA

REGISTERED NUMBER:

12501727 (England and Wales)

ACCOUNTANTS:

Webb & Co Ltd

Accountants and Business Advisers

One New Street

Wells

Somerset

BA5 2LA

FIXED ASSETS

Tangible assets

4

12,760

13,075

Investment property

5

350,000

325,000

362,760

338,075

CURRENT ASSETS

Debtors

6

280

13,576

Cash at bank

1,011

6,649

1,291

20,225

CREDITORS

Amounts falling due within one year

7

95,676

112,962

NET CURRENT LIABILITIES

(94,385

)

(92,737

)

TOTAL ASSETS LESS CURRENT LIABILITIES

268,375

245,338

CREDITORS

Amounts falling due after more than one year

8

(141,575

)

(141,575

)

PROVISIONS FOR LIABILITIES

(31,690

)

(25,440

)

NET ASSETS

95,110

78,323

CAPITAL AND RESERVES

Called up share capital

10

2

2

Fair value reserve

95,069

76,319

Retained earnings

39

2,002

SHAREHOLDERS' FUNDS

95,110

78,323

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

W Habershon - Director

1.	STATUTORY INFORMATION

Bluestone Housing 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from hair design is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to work undertaken to date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Rental Income

Turnover represents rental income from properties and is recognised on a straight-line basis over the term of the lease.

Rental income is measured at the fair value of the consideration received or receivable, excluding VAT. Incentives granted to tenants,such as rent-free periods, are recognised evenly over the term of the lease. Any service charges and other income related to leased assets are recognised when the related services are performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Land 0% and buildings 10%

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2025

and 31 March 2026

14,651

DEPRECIATION

At 1 April 2025

1,576

Charge for year

315

At 31 March 2026

1,891

NET BOOK VALUE

At 31 March 2026

12,760

At 31 March 2025

13,075

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

325,000

Revaluations

25,000

At 31 March 2026

350,000

NET BOOK VALUE

At 31 March 2026

350,000

At 31 March 2025

325,000

If investment properties had not been revalued they would have been included at the following historical cost £223,241.

Investment properties were valued on an open market basis on 31 March 2026 by the directors.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

280

13,576

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

426

1,713

Amounts owed to associates

75,586

54,820

Taxation and social security

17,442

28,481

Other creditors

2,222

27,948

95,676

112,962

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

141,575

141,575

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

141,575

141,575

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

141,575

141,575

The bank loan is secured by a legal mortgage over the property 41 Seaton Road, Yeovil BA20 2AN dated 04 March 2022.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2026

2025

£ p

£ p

180

Ordinary

£0.01

1.80

1.80

10

Ordinary A

£0.01

0.10

0.10

10

Ordinary B

£0.01

0.10

0.10

2.00

2.00