Registered No. SO304135 (Scotland)
Blue Sea Consulting LLP
Unaudited accounts
for the year ended 31 October 2023
Blue Sea Consulting LLP
LLP Information
for the year ended 31 October 2023
Designated members
Mr Craig Latimer
Registered Number
SO304135 (Scotland)
Registered Office
Unit 2 The Beeches
Over Hessilhead Farm
Gateside
KA15 2LL
Accountants
Eastfield Accountants Limited
Blofield Business Centre
Woodbastwick Road
Blofield Heath
Norwich
Norfolk
NR13 4RR
Blue Sea Consulting LLP
Statement of financial position
as at 31 October 2023
Tangible assets
17,383
21,944
Cash at bank and in hand
48,245
55,876
Creditors: amounts falling due within one year
(5,988)
(8,143)
Net current assets
80,129
77,787
Total assets less current liabilities
97,512
99,731
Creditors: amounts falling due after more than one year
(8,656)
(19,619)
Net assets attributable to members
88,856
80,112
Members' capital classified as equity
52,762
80,112
Members' other interests
88,856
80,112
For the year ending 31 October 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 19 July 2024.
Mr Martin Latimer
Designated member
Limited Liability Partnership Registration No. SO304135
Blue Sea Consulting LLP
Notes to the Accounts
for the year ended 31 October 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% straight line and 25% reducing balance
Blue Sea Consulting LLP is a limited liability partnership, incorporated in Scotland, registration number SO304135. Its registered office is Unit 2 The Beeches, Over Hessilhead Farm, Gateside, KA15 2LL.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
858
33,469
-
1,263
35,590
Additions
-
19,077
421
249
19,747
Disposals
(720)
(33,469)
-
-
(34,189)
At 31 October 2023
138
19,077
421
1,512
21,148
At 1 November 2022
227
12,551
-
868
13,646
Charge for the year
-
2,385
18
357
2,760
On disposals
(90)
(12,551)
-
-
(12,641)
At 31 October 2023
137
2,385
18
1,225
3,765
At 31 October 2023
1
16,692
403
287
17,383
At 31 October 2022
631
20,918
-
395
21,944
4
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,897
-
Taxes and social security costs
1,817
2,124
Other creditors
1,454
5,286
Blue Sea Consulting LLP
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,656
19,619
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).