IRIS Accounts Production v18.3.0.592 08243414 director 1.8.17 31.7.18 31.7.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure082434142017-07-31082434142018-07-31082434142017-08-012018-07-31082434142016-10-31082434142016-11-012017-07-31082434142017-07-3108243414ns15:EnglandWales2017-08-012018-07-3108243414ns14:PoundSterling2017-08-012018-07-3108243414ns10:Director12017-08-012018-07-3108243414ns10:PrivateLimitedCompanyLtd2017-08-012018-07-3108243414ns10:SmallEntities2017-08-012018-07-3108243414ns10:AuditExempt-NoAccountantsReport2017-08-012018-07-3108243414ns10:SmallCompaniesRegimeForDirectorsReport2017-08-012018-07-3108243414ns10:SmallCompaniesRegimeForAccounts2017-08-012018-07-3108243414ns10:FullAccounts2017-08-012018-07-3108243414ns10:OrdinaryShareClass12017-08-012018-07-3108243414ns10:RegisteredOffice2017-08-012018-07-3108243414ns5:CurrentFinancialInstruments2018-07-3108243414ns5:CurrentFinancialInstruments2017-07-3108243414ns5:ShareCapital2018-07-3108243414ns5:ShareCapital2017-07-3108243414ns5:RetainedEarningsAccumulatedLosses2018-07-3108243414ns5:RetainedEarningsAccumulatedLosses2017-07-3108243414ns5:PlantMachinery2017-08-012018-07-3108243414ns5:FurnitureFittings2017-08-012018-07-3108243414ns5:MotorVehicles2017-08-012018-07-3108243414ns5:ComputerEquipment2017-08-012018-07-3108243414ns5:PlantMachinery2017-07-3108243414ns5:FurnitureFittings2017-07-3108243414ns5:MotorVehicles2017-07-3108243414ns5:ComputerEquipment2017-07-3108243414ns5:PlantMachinery2018-07-3108243414ns5:FurnitureFittings2018-07-3108243414ns5:MotorVehicles2018-07-3108243414ns5:ComputerEquipment2018-07-3108243414ns5:PlantMachinery2017-07-3108243414ns5:FurnitureFittings2017-07-3108243414ns5:MotorVehicles2017-07-3108243414ns5:ComputerEquipment2017-07-3108243414ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-07-3108243414ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-07-3108243414ns5:DeferredTaxation2017-07-3108243414ns5:DeferredTaxation2017-08-012018-07-3108243414ns5:DeferredTaxation2018-07-3108243414ns10:OrdinaryShareClass12018-07-31


REGISTERED NUMBER: 08243414 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2018

FOR

BLUEGUM CONSTRUCTION LIMITED

BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUEGUM CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2018







DIRECTOR: Mr N M Smith





REGISTERED OFFICE: Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP





REGISTERED NUMBER: 08243414 (England and Wales)





ACCOUNTANTS: Honey Barrett Limited
Chartered Accountants
Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP

BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

BALANCE SHEET
31 JULY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,680 5,693

CURRENT ASSETS
Debtors 6 1,552 384
Cash at bank 2,920 325
4,472 709
CREDITORS
Amounts falling due within one year 7 5,731 10,192
NET CURRENT LIABILITIES (1,259 ) (9,483 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

421

(3,790

)

PROVISIONS FOR LIABILITIES 8 286 1,139
NET ASSETS/(LIABILITIES) 135 (4,929 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 35 (5,029 )
SHAREHOLDERS' FUNDS 135 (4,929 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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.

BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

BALANCE SHEET - continued
31 JULY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director on 2 November 2018 and were signed by:





Mr N M Smith - Director


BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018


1. STATUTORY INFORMATION

Bluegum Construction 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of 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.
Plant and machinery - 20% on reducing balance
Fixtures, fittings and equipment - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

All fixed assets are recorded at cost.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences a
residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent
to a similar debt instrument, those financial instruments are classed as financial liabilities.
Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses
relating to financial liabilities are included in the profit and loss account. Finance costs are
calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a
financial liability then this is classed as an equity instrument. Dividends and distributions relating to
equity instruments are debited direct to equity.


BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


5. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Plant and and Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2017 1,817 70 7,000 1,627 10,514
Additions 290 - - - 290
Disposals - - (7,000 ) - (7,000 )
At 31 July 2018 2,107 70 - 1,627 3,804
DEPRECIATION
At 1 August 2017 1,140 46 3,192 443 4,821
Charge for year 193 6 - 296 495
Eliminated on disposal - - (3,192 ) - (3,192 )
At 31 July 2018 1,333 52 - 739 2,124
NET BOOK VALUE
At 31 July 2018 774 18 - 888 1,680
At 31 July 2017 677 24 3,808 1,184 5,693

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 560 -
Amount receivable on contracts 210 -
Prepayments and accrued income 782 384
1,552 384

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Corporation tax 3,126 2,414
Director's current account 1,597 6,788
Accruals and deferred income 1,008 990
5,731 10,192

BLUEGUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08243414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2018


8. PROVISIONS FOR LIABILITIES
2018 2017
£    £   
Deferred tax 286 1,139

Deferred
tax
£   
Balance at 1 August 2017 1,139
Provided during year (853 )
Balance at 31 July 2018 286

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100