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REGISTERED NUMBER: 05401865 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BLUE FUSE SYSTEMS LIMITED

BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUE FUSE SYSTEMS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: A J Ewings





SECRETARY:





REGISTERED OFFICE: 5a Bartlett Street
Bath
BANES
BA1 2QZ





REGISTERED NUMBER: 05401865 (England and Wales)





ACCOUNTANTS: Thorsten Orr
Flat 7
5 Little Stanhope Street
Bath
BA1 2BH

BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 68,573 64,654
68,573 64,654

CURRENT ASSETS
Debtors 6 120,803 104,328
Cash at bank and in hand 218,507 238,264
339,310 342,592
CREDITORS
Amounts falling due within one year 7 31,308 29,456
NET CURRENT ASSETS 308,002 313,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

376,575

377,790

CREDITORS
Amounts falling due after more than one
year

8

31,670

42,520
NET ASSETS 344,905 335,270

CAPITAL AND RESERVES
Called up share capital 52 52
Retained earnings 344,853 335,218
344,905 335,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)

BALANCE SHEET - continued
31 March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2023 and were signed by:





A J Ewings - Director


BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Blue Fuse Systems 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. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 1,194
AMORTISATION
At 1 April 2022
and 31 March 2023 1,194
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 133,620
Additions 65,455
Disposals (57,435 )
At 31 March 2023 141,640
DEPRECIATION
At 1 April 2022 68,966
Charge for year 32,819
Eliminated on disposal (28,718 )
At 31 March 2023 73,067
NET BOOK VALUE
At 31 March 2023 68,573
At 31 March 2022 64,654

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 73,303 71,828
Other debtors 47,500 32,500
120,803 104,328

BLUE FUSE SYSTEMS LIMITED (REGISTERED NUMBER: 05401865)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 16,256 2,346
Taxation and social security 12,293 15,562
Other creditors 2,759 11,548
31,308 29,456

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 31,670 42,520