Bleu Properties Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05216620 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

1 September 2012 to 28 February 2014

for

Bleu Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

19 East Parade

Harrogate

North Yorkshire

HG1 5LF

FIXED ASSETS

Tangible assets

2

15,179,938

13,576,543

CURRENT ASSETS

Debtors

-

40,443

Cash at bank and in hand

813,479

600,945

813,479

641,388

CREDITORS

Amounts falling due within one year

1,421,975

1,115,282

NET CURRENT LIABILITIES

(608,496

)

(473,894

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,571,442

13,102,649

CREDITORS

Amounts falling due after more than one year

3

7,961,123

6,825,668

NET ASSETS

6,610,319

6,276,981

CAPITAL AND RESERVES

Called up share capital

4

2

2

Revaluation reserve

6,249,090

6,120,712

Profit and loss account

361,227

156,267

SHAREHOLDERS' FUNDS

6,610,319

6,276,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 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 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 21 November 2014 and were signed by:

A D Wormald - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Preparation of consolidated financial statements

The financial statements contain information about Bleu Properties Limited 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

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

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 OR VALUATION

At 1 September 2012

13,592,466

Additions

1,725,852

Disposals

(250,835

)

Revaluations

128,378

At 28 February 2014

15,195,861

DEPRECIATION

At 1 September 2012

and 28 February 2014

15,923

NET BOOK VALUE

At 28 February 2014

15,179,938

At 31 August 2012

13,576,543

3.

CREDITORS

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

28.2.14

31.8.12

£

£

Repayable otherwise than by instalments

25,000

-

Repayable by instalments

5,811,123

6,575,668

5,836,123

6,575,668

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

31.8.12

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.

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.