2022-07-01 08097913 2023-06-30 08097913 2022-07-01 2023-06-30 08097913 2022-06-30 08097913 2021-07-01 2022-06-30 08097913 uk-core:WithinOneYear 2022-06-30 08097913 uk-core:WithinOneYear 2023-06-30 08097913 uk-core:AfterOneYear 2022-06-30 08097913 uk-core:AfterOneYear 2023-06-30 08097913 uk-core:ShareCapital 2023-06-30 08097913 uk-core:ShareCapital 2022-06-30 08097913 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 08097913 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 08097913 uk-bus:Director1 2022-07-01 2023-06-30 08097913 uk-core:PlantMachinery 2022-07-01 2023-06-30 08097913 uk-core:ComputerEquipment 2022-07-01 2023-06-30 08097913 uk-core:FurnitureFittings 2022-07-01 2023-06-30 08097913 uk-core:ComputerEquipment 2022-06-30 08097913 uk-core:FurnitureFittings 2022-06-30 08097913 uk-core:PlantMachinery 2022-06-30 08097913 uk-core:PlantMachinery 2023-06-30 08097913 uk-core:FurnitureFittings 2023-06-30 08097913 uk-core:ComputerEquipment 2023-06-30 08097913 uk-core:WithinOneYear 2023-06-30 08097913 uk-core:WithinOneYear 2022-06-30 08097913 uk-core:WithinOneYear 2022-07-01 2023-06-30 08097913 uk-core:AfterOneYear uk-core:Secured 2023-06-30 08097913 uk-core:AfterOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 08097913 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 08097913 uk-bus:FRS102 2022-07-01 2023-06-30 08097913 uk-bus:FilletedAccounts 2022-07-01 2023-06-30 08097913 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Bluekit Medical Limited
Registered Number:08097913
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
Bluekit Medical Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
08097913
As at 30 June 2023
Bluekit Medical Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,897
113
2
1,897
113
Current assets
Inventories
61,874
81,785
3
Trade and other receivables
27,116
22,875
4
3,765
Cash and cash equivalents
1,691
106,351
92,755
Trade and other payables: amounts falling due within one
year
(39,079)
(73,357)
5
53,676
32,994
Net current assets
Total assets less current liabilities
34,891
53,789
Trade and other payables: amounts falling due after more
than one year
(26,302)
(13,514)
6
21,377
Net assets
27,487
Capital and reserves
Called up share capital
100
100
Retained earnings
21,277
27,387
21,377
27,487
Shareholders' funds
For the year ended 30 June 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Rebecca Naomi Porter Director
These financial statements were approved and authorised for issue by the Board on 13 March 2024 and were signed by:
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4
Registered Number :
08097913
For the year ended 30 June 2023
Bluekit Medical Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2023
Bluekit Medical Limited
Notes to the Financial Statements
Statutory Information
Bluekit Medical Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08097913.
Principal place of business:
Unit 87 Capital Business Centre
22 Carlton Road
South Croydon
CR2 0BS
Registered address:
c/o A4C Unit 18 & 19 Dean House Farm
Church Lane
Newdigate
Surrey
RH5 5DL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'', including the disclosure and
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been
prepared under the historical cost convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Straight line
33.33% Straight line
Computer Equipment
25% Straight line
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
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6
For the year ended 30 June 2023
Bluekit Medical Limited
Notes to the Financial Statements Continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 July 2022
767
669
-
98
2,677
2,007
670
-
Additions
At 30 June 2023
98
670
2,676
3,444
Provision for depreciation and impairment
At 01 July 2022
654
556
-
98
Charge for year
893
726
167
-
At 30 June 2023
1,547
1,282
167
98
At 30 June 2023
Net book value
-
503
1,394
1,897
At 30 June 2022
-
-
113
113
3. Inventories
2022
2023
£
£
Stocks
81,785
61,874
4. Trade and other receivables
2022
2023
£
£
Trade debtors
22,875
27,116
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7
For the year ended 30 June 2023
Bluekit Medical Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
6,538
8,515
Trade creditors
5,242
5,125
Taxation and social security
10,091
7,634
Other creditors
51,486
17,805
73,357
39,079
The company received a Bounce Back Loan on 29 May 2020 of £32,500 repayable over 6 years with an APR of 2.5% per annum. The first 12 months interest was met by the UK Government and repayments started on 29 June 2021.
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
13,514
20,052
Other creditors
-
6,250
13,514
26,302
7. Guarantees and other financial commitments
Lease commitments
At 30 June 2023 the company had total lease commitments outstanding of £2,220.
8. Average number of persons employed
During the year the average number of employees was 4 (2022 : 3).
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