Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02366511 2022-04-01 2023-03-31 02366511 2021-04-01 2022-03-31 02366511 2023-03-31 02366511 2022-03-31 02366511 c:Director1 2022-04-01 2023-03-31 02366511 d:PlantMachinery 2022-04-01 2023-03-31 02366511 d:PlantMachinery 2023-03-31 02366511 d:PlantMachinery 2022-03-31 02366511 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02366511 d:CurrentFinancialInstruments 2023-03-31 02366511 d:CurrentFinancialInstruments 2022-03-31 02366511 d:Non-currentFinancialInstruments 2023-03-31 02366511 d:Non-currentFinancialInstruments 2022-03-31 02366511 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02366511 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 02366511 d:ShareCapital 2023-03-31 02366511 d:ShareCapital 2022-03-31 02366511 d:RetainedEarningsAccumulatedLosses 2023-03-31 02366511 d:RetainedEarningsAccumulatedLosses 2022-03-31 02366511 c:FRS102 2022-04-01 2023-03-31 02366511 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 02366511 c:FullAccounts 2022-04-01 2023-03-31 02366511 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 02366511 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 02366511










BLUE LADY GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
BLUE LADY GROUP LIMITED
REGISTERED NUMBER: 02366511

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
30,564
33,960

  
30,564
33,960

Current assets
  

Debtors: amounts falling due after more than one year
 5 
10,000
10,000

Debtors: amounts falling due within one year
 5 
21,559
21,892

Cash at bank and in hand
 6 
3,252
4,383

  
34,811
36,275

Creditors: amounts falling due within one year
 7 
(64,312)
(71,833)

Net current liabilities
  
 
 
(29,501)
 
 
(35,558)

Total assets less current liabilities
  
1,063
(1,598)

  

Net assets/(liabilities)
  
1,063
(1,598)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,061
(1,600)

  
1,063
(1,598)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
Mr S L Butcher
Director
Date: 11 October 2023

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BLUE LADY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Blue Lady Group Limited is a private company limited by shares and incorporated in England and Wales with the registration number 02366511. The registered office address is 46 Deepdene Avenue, Dorking, Surrey, RH5 4AE.
The financial statements are presented in sterling and are rounded to the nearest £1. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The company's ability to trade is dependent upon the support of the director. If this assumption proves to be inappropriate, then adjustments may have to be made to adjust the value of assets to their recoverable amounts, to provide for any further liabilities which might arise and reclassify fixed assets as current assets. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in statement of comprehensive income using the effective interest method.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2

 
BLUE LADY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant, machinery and rental assets
-
10%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
BLUE LADY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant, machinery and rental assets

£



Cost or valuation


At 1 April 2022
33,960



At 31 March 2023

33,960



Depreciation


Charge for the year on owned assets
3,396



At 31 March 2023

3,396



Net book value



At 31 March 2023
30,564



At 31 March 2022
33,960


5.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
10,000
10,000

10,000
10,000


2023
2022
£
£

Due within one year

Other debtors
21,559
21,892

21,559
21,892



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
3,252
4,383

3,252
4,383


Page 4

 
BLUE LADY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
61,912
69,633

Accruals and deferred income
2,400
2,200

64,312
71,833



8.


Related party transactions

During the year, the Director continued to provide an interest free loan to the company. During the year, the Director received funds from the company totalling £7,721 (2022 - advanced further funds of £33,086). At the year end the company owed the Director £61,912 (2022 - £69,633) which is included within other creditors.


Page 5