Bleu Properties Ltd - Abbreviated accounts 16.1

Bleu Properties Ltd - Abbreviated accounts 16.1

BLEU PROPERTIES LTD - Company Information

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REGISTERED NUMBER: 05216620 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 28 February 2016

for

Bleu Properties Ltd

Bleu Properties Ltd (Registered number: 05216620)






Contents of the Abbreviated Accounts
for the Year Ended 28 February 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Bleu Properties Ltd

Company Information
for the Year Ended 28 February 2016







DIRECTOR: A D Wormald





REGISTERED OFFICE: Suite 1 Buttershaw Works
Buttershaw Lane
Bradford
West Yorkshire
BD6 2DD





REGISTERED NUMBER: 05216620 (England and Wales)





ACCOUNTANTS: Thompsons Chartered Accountants
19 East Parade
Harrogate
North Yorkshire
HG1 5LF
Page 1
Bleu Properties Ltd (Registered number: 05216620)

Abbreviated Balance Sheet
28 February 2016

28.2.16 28.2.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 3,988 3,988

CURRENT ASSETS
Stocks 9,818,117 9,348,723
Debtors 208,482 136,345
Cash at bank and in hand 102,013 106,238
10,128,612 9,591,306
CREDITORS
Amounts falling due within one year 1,080,972 1,164,360
NET CURRENT ASSETS 9,047,640 8,426,946
TOTAL ASSETS LESS CURRENT
LIABILITIES
9,051,628
8,430,934

CREDITORS
Amounts falling due after more than one
year
3
7,747,666
7,628,623
NET ASSETS 1,303,962 802,311

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 1,303,960 802,309
SHAREHOLDERS' FUNDS 1,303,962 802,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
Bleu Properties Ltd (Registered number: 05216620)

Abbreviated Balance Sheet - continued
28 February 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 8 November 2016 and were signed by:





A D Wormald - Director


The notes form part of these abbreviated accounts

Page 3
Bleu Properties Ltd (Registered number: 05216620)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements
The financial statements contain information about Bleu Properties Ltd as an individual company and do not
contain consolidated financial information as the parent of a group. The company has taken the option under
Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover
The total turnover of the company has been obtained from property sales, rents and management fees earned
wholly in the UK .

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015
and 28 February 2016 19,911
DEPRECIATION
At 1 March 2015
and 28 February 2016 15,923
NET BOOK VALUE
At 28 February 2016 3,988
At 28 February 2015 3,988

3. CREDITORS

Creditors include the following debts falling due in more than five years:

28.2.16 28.2.15
£    £   
Repayable otherwise than by instalments 25,000 25,000
Repayable by instalments 5,597,666 5,478,623
5,622,666 5,503,623

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.16 28.2.15
value: £    £   
2 £1 Ordinary Shares £1 2 2

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director is owed £150,000 at the year end.

Page 4 continued...
Bleu Properties Ltd (Registered number: 05216620)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2016

6. ULTIMATE CONTROLLING PARTY

At the year end, the company was a wholly owned subsidiary of ADW Holdings Ltd, a company registered in
England and Wales. The whole group is deemed to be ultimately controlled by A D Wormald, director, by virtue
of his majority shareholding in the ultimate parent company.

Page 5