IRIS Accounts Production v23.4.0.336 05323409 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053234092023-01-31053234092024-01-31053234092023-02-012024-01-31053234092022-01-31053234092022-02-012023-01-31053234092023-01-3105323409ns15:EnglandWales2023-02-012024-01-3105323409ns14:PoundSterling2023-02-012024-01-3105323409ns10:Director12023-02-012024-01-3105323409ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105323409ns10:SmallEntities2023-02-012024-01-3105323409ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105323409ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105323409ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105323409ns10:FullAccounts2023-02-012024-01-3105323409ns10:OrdinaryShareClass12023-02-012024-01-3105323409ns10:RegisteredOffice2023-02-012024-01-3105323409ns5:CurrentFinancialInstruments2024-01-3105323409ns5:CurrentFinancialInstruments2023-01-3105323409ns5:ShareCapital2024-01-3105323409ns5:ShareCapital2023-01-3105323409ns5:ComputerEquipment2023-02-012024-01-3105323409ns5:ComputerEquipment2023-01-3105323409ns5:ComputerEquipment2024-01-3105323409ns5:ComputerEquipment2023-01-3105323409ns5:CostValuation2023-01-3105323409ns5:AdditionsToInvestments2024-01-3105323409ns5:CostValuation2024-01-3105323409ns10:OrdinaryShareClass12024-01-3105323409ns5:RetainedEarningsAccumulatedLosses2023-01-3105323409ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-3105323409ns5:RetainedEarningsAccumulatedLosses2024-01-31
REGISTERED NUMBER: 05323409 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

AEGEAN BLUE LTD

AEGEAN BLUE LTD (REGISTERED NUMBER: 05323409)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AEGEAN BLUE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr J Batty





REGISTERED OFFICE: The Byre
2 Aynsome Mill Farm
Aynsome Lane
Cartmel
LA11 6HH





REGISTERED NUMBER: 05323409 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

AEGEAN BLUE LTD (REGISTERED NUMBER: 05323409)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 422 562
Investments 5 148,198 139,863
148,620 140,425

CURRENT ASSETS
Cash at bank and in hand 29,347 12,407

CREDITORS
Amounts falling due within one
year

6

24,527

3,859
NET CURRENT ASSETS 4,820 8,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

153,440

148,973

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 153,340 148,873
SHAREHOLDERS' FUNDS 153,440 148,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2024 and were signed by:





Mr J Batty - Director


AEGEAN BLUE LTD (REGISTERED NUMBER: 05323409)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Aegean Blue Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AEGEAN BLUE LTD (REGISTERED NUMBER: 05323409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 1,334
DEPRECIATION
At 1 February 2023 772
Charge for year 140
At 31 January 2024 912
NET BOOK VALUE
At 31 January 2024 422
At 31 January 2023 562

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023 139,863
Additions 8,335
At 31 January 2024 148,198
NET BOOK VALUE
At 31 January 2024 148,198
At 31 January 2023 139,863

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 81 3,010
Directors' current accounts 23,966 369
Accrued expenses 480 480
24,527 3,859

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

AEGEAN BLUE LTD (REGISTERED NUMBER: 05323409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. RESERVES
Retained
earnings
£   

At 1 February 2023 148,874
Profit for the year 6,466
Dividends (2,000 )
At 31 January 2024 153,340