IRIS Accounts Production v24.1.0.576 07417440 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074174402022-10-31074174402023-10-31074174402022-11-012023-10-31074174402021-10-31074174402021-11-012022-10-31074174402022-10-3107417440ns15:EnglandWales2022-11-012023-10-3107417440ns14:PoundSterling2022-11-012023-10-3107417440ns10:Director12022-11-012023-10-3107417440ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3107417440ns10:SmallEntities2022-11-012023-10-3107417440ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3107417440ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3107417440ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3107417440ns10:FullAccounts2022-11-012023-10-310741744012022-11-012023-10-3107417440ns10:OrdinaryShareClass12022-11-012023-10-3107417440ns10:OrdinaryShareClass22022-11-012023-10-3107417440ns10:Director22022-11-012023-10-3107417440ns10:RegisteredOffice2022-11-012023-10-3107417440ns5:CurrentFinancialInstruments2023-10-3107417440ns5:CurrentFinancialInstruments2022-10-3107417440ns5:Non-currentFinancialInstruments2023-10-3107417440ns5:Non-currentFinancialInstruments2022-10-3107417440ns5:ShareCapital2023-10-3107417440ns5:ShareCapital2022-10-3107417440ns5:RetainedEarningsAccumulatedLosses2023-10-3107417440ns5:RetainedEarningsAccumulatedLosses2022-10-310741744012022-11-012023-10-3107417440ns5:NetGoodwill2022-11-012023-10-3107417440ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3107417440ns5:FurnitureFittings2022-11-012023-10-3107417440ns5:ComputerEquipment2022-11-012023-10-3107417440ns5:NetGoodwill2022-10-3107417440ns5:NetGoodwill2023-10-3107417440ns5:NetGoodwill2022-10-3107417440ns5:FurnitureFittings2022-10-3107417440ns5:ComputerEquipment2022-10-3107417440ns5:FurnitureFittings2023-10-3107417440ns5:ComputerEquipment2023-10-3107417440ns5:FurnitureFittings2022-10-3107417440ns5:ComputerEquipment2022-10-3107417440ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107417440ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3107417440ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3107417440ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3107417440ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3107417440ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-3107417440ns5:DeferredTaxation2022-10-3107417440ns5:DeferredTaxation2022-11-012023-10-3107417440ns5:DeferredTaxation2023-10-3107417440ns10:OrdinaryShareClass12023-10-3107417440ns10:OrdinaryShareClass22023-10-3107417440ns5:RetainedEarningsAccumulatedLosses2022-10-3107417440ns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-31
REGISTERED NUMBER: 07417440 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

BLUELINE COMPUTING LIMITED

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUELINE COMPUTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: A Marmoy
M Marmoy





REGISTERED OFFICE: 33 Lynmouth Drive
Wigston
Wigston
Leicestershire
LE18 1BP





REGISTERED NUMBER: 07417440 (England and Wales)





ACCOUNTANTS: PWH Accountancy Ltd
The Counting House
High Street
Lutterworth
Leicestershire
LE17 4AY

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,782 45,977
Tangible assets 5 1,000 2,115
37,782 48,092

CURRENT ASSETS
Debtors 6 29,539 22,729
Cash at bank 35,102 23,800
64,641 46,529
CREDITORS
Amounts falling due within one year 7 51,748 50,670
NET CURRENT ASSETS/(LIABILITIES) 12,893 (4,141 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,675

43,951

CREDITORS
Amounts falling due after more than one
year

8

(6,872

)

(10,649

)

PROVISIONS FOR LIABILITIES 9 (190 ) (313 )
NET ASSETS 43,613 32,989

CAPITAL AND RESERVES
Called up share capital 10 102 102
Retained earnings 11 43,511 32,887
SHAREHOLDERS' FUNDS 43,613 32,989

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





A Marmoy - Director


BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

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

1. STATUTORY INFORMATION

Blueline Computing 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

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

Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of nine years.

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.

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

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

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.

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 3 (2022 - 3 ) .

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 82,757
AMORTISATION
At 1 November 2022 36,780
Amortisation for year 9,195
At 31 October 2023 45,975
NET BOOK VALUE
At 31 October 2023 36,782
At 31 October 2022 45,977

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 1,875 8,053 9,928
DEPRECIATION
At 1 November 2022 1,759 6,054 7,813
Charge for year 29 1,086 1,115
At 31 October 2023 1,788 7,140 8,928
NET BOOK VALUE
At 31 October 2023 87 913 1,000
At 31 October 2022 116 1,999 2,115

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,139 21,696
Other debtors - 633
Prepayments 400 400
29,539 22,729

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,079 4,259
Trade creditors 6,283 2,251
Tax 7,931 6,671
Social security and other taxes 219 721
VAT 10,065 6,583
Other creditors 3,938 -
Directors' current accounts 18,683 28,026
Accruals and deferred income 550 2,159
51,748 50,670

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 4,139 4,259
Bank loans - 2-5 years 2,733 6,390
6,872 10,649

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 190 313

Deferred
tax
£   
Balance at 1 November 2022 313
Credit to Income Statement during year (123 )
Balance at 31 October 2023 190

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100
2 A Ordinary £1 2 2
102 102

BLUELINE COMPUTING LIMITED (REGISTERED NUMBER: 07417440)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

11. RESERVES
Retained
earnings
£   

At 1 November 2022 32,887
Profit for the year 23,624
Dividends (13,000 )
At 31 October 2023 43,511

12. RELATED PARTY DISCLOSURES

As at 31 October 2023, there is a balance due to the director, A Marrmoy, of £240 (2022 £3,704) and a balance of £18,442 (2022 £24,443) due to M Marmoy, which amounts are included within creditors on the balance sheet.

13. ULTIMATE CONTROLLING PARTY

The controlling party is A Marmoy.