Solutions Blue Limited 06171780 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.30.9574.0 true Mr A A Hart 06171780 2023-07-01 2024-06-30 06171780 2024-06-30 06171780 bus:OrdinaryShareClass1 2024-06-30 06171780 core:RetainedEarningsAccumulatedLosses 2024-06-30 06171780 core:ShareCapital 2024-06-30 06171780 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06171780 core:FurnitureFittingsToolsEquipment 2024-06-30 06171780 bus:FRS102 2023-07-01 2024-06-30 06171780 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06171780 bus:FullAccounts 2023-07-01 2024-06-30 06171780 bus:RegisteredOffice 2023-07-01 2024-06-30 06171780 bus:Director1 2023-07-01 2024-06-30 06171780 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 06171780 bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 06171780 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06171780 core:OfficeEquipment 2023-07-01 2024-06-30 06171780 countries:EnglandWales 2023-07-01 2024-06-30 06171780 2023-06-30 06171780 core:FurnitureFittingsToolsEquipment 2023-06-30 06171780 2022-07-01 2023-06-30 06171780 2023-06-30 06171780 bus:OrdinaryShareClass1 2023-06-30 06171780 core:RetainedEarningsAccumulatedLosses 2023-06-30 06171780 core:ShareCapital 2023-06-30 06171780 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06171780

Solutions Blue Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Solutions Blue Limited

Director's Report for the Year Ended 30 June 2024

The director presents his report and the financial statements for the year ended 30 June 2024.

Director of the company

The director who held office during the year was as follows:

Mr A A Hart

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved and authorised by the director on 29 July 2024
 

.........................................
Mr A A Hart
Director

 

Solutions Blue Limited

Profit and Loss Account for the Year Ended 30 June 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Solutions Blue Limited

(Registration number: 06171780)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

643

643

Creditors: Amounts falling due within one year

5

(618)

(618)

Net assets

 

25

25

Capital and reserves

 

Called up share capital

6

2

2

Retained earnings

23

23

Shareholders' funds

 

25

25

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 July 2024
 

.........................................
Mr A A Hart
Director

 

Solutions Blue Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 The Broadway
The Broadway
St Ives
Cambridgeshire
PE27 5BN
England

The principal place of business is:
7 Novello Croft
Old Farm Park
Milton Keynes
Bucks.
MK7 8QT
England

These financial statements were authorised for issue by the director on 29 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line basis

 

Solutions Blue Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Solutions Blue Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

1,753

1,753

At 30 June 2024

1,753

1,753

Depreciation

At 1 July 2023

1,753

1,753

At 30 June 2024

1,753

1,753

Carrying amount

At 30 June 2024

-

-

4

Cash and cash equivalents

2024
£

2023
£

Cash at bank

643

643

5

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to related parties

618

618

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

ordinary of £1 each

2

2

2

2

         

7

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Solutions Blue Limited

Detailed Profit and Loss Account for the Year Ended 30 June 2024

2024
£

2023
£

Turnover (analysed below)

-

-

Operating profit/(loss)

-

-

Profit/(loss) before tax

-

-