2023-06-012024-05-312024-05-31false08547443CERULEAN LTD2024-07-1270229iso4217:GBPxbrli:pure085474432023-06-01085474432024-05-31085474432023-06-012024-05-31085474432022-06-01085474432023-05-31085474432022-06-012023-05-3108547443bus:SmallEntities2023-06-012024-05-3108547443bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3108547443bus:FullAccounts2023-06-012024-05-3108547443bus:PrivateLimitedCompanyLtd2023-06-012024-05-3108547443core:WithinOneYear2024-05-3108547443core:AfterOneYear2024-05-3108547443core:WithinOneYear2023-05-3108547443core:AfterOneYear2023-05-3108547443core:ShareCapital2024-05-3108547443core:SharePremium2024-05-3108547443core:RevaluationReserve2024-05-3108547443core:OtherReservesSubtotal2024-05-3108547443core:RetainedEarningsAccumulatedLosses2024-05-3108547443core:ShareCapital2023-05-3108547443core:SharePremium2023-05-3108547443core:RevaluationReserve2023-05-3108547443core:OtherReservesSubtotal2023-05-3108547443core:RetainedEarningsAccumulatedLosses2023-05-3108547443core:LandBuildings2024-05-3108547443core:PlantMachinery2024-05-3108547443core:Vehicles2024-05-3108547443core:FurnitureFittings2024-05-3108547443core:OfficeEquipment2024-05-3108547443core:NetGoodwill2024-05-3108547443core:IntangibleAssetsOtherThanGoodwill2024-05-3108547443core:ListedExchangeTraded2024-05-3108547443core:UnlistedNon-exchangeTraded2024-05-3108547443core:LandBuildings2023-05-3108547443core:PlantMachinery2023-05-3108547443core:Vehicles2023-05-3108547443core:FurnitureFittings2023-05-3108547443core:OfficeEquipment2023-05-3108547443core:NetGoodwill2023-05-3108547443core:IntangibleAssetsOtherThanGoodwill2023-05-3108547443core:ListedExchangeTraded2023-05-3108547443core:UnlistedNon-exchangeTraded2023-05-3108547443core:LandBuildings2023-06-012024-05-3108547443core:PlantMachinery2023-06-012024-05-3108547443core:Vehicles2023-06-012024-05-3108547443core:FurnitureFittings2023-06-012024-05-3108547443core:OfficeEquipment2023-06-012024-05-3108547443core:NetGoodwill2023-06-012024-05-3108547443core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108547443core:ListedExchangeTraded2023-06-012024-05-3108547443core:UnlistedNon-exchangeTraded2023-06-012024-05-3108547443core:MoreThanFiveYears2023-06-012024-05-3108547443core:Non-currentFinancialInstruments2024-05-3108547443core:Non-currentFinancialInstruments2023-05-3108547443dpl:CostSales2023-06-012024-05-3108547443dpl:DistributionCosts2023-06-012024-05-3108547443core:LandBuildings2023-06-012024-05-3108547443core:PlantMachinery2023-06-012024-05-3108547443core:Vehicles2023-06-012024-05-3108547443core:FurnitureFittings2023-06-012024-05-3108547443core:OfficeEquipment2023-06-012024-05-3108547443dpl:AdministrativeExpenses2023-06-012024-05-3108547443core:NetGoodwill2023-06-012024-05-3108547443core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108547443dpl:GroupUndertakings2023-06-012024-05-3108547443dpl:ParticipatingInterests2023-06-012024-05-3108547443dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3108547443core:ListedExchangeTraded2023-06-012024-05-3108547443dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3108547443core:UnlistedNon-exchangeTraded2023-06-012024-05-3108547443dpl:CostSales2022-06-012023-05-3108547443dpl:DistributionCosts2022-06-012023-05-3108547443core:LandBuildings2022-06-012023-05-3108547443core:PlantMachinery2022-06-012023-05-3108547443core:Vehicles2022-06-012023-05-3108547443core:FurnitureFittings2022-06-012023-05-3108547443core:OfficeEquipment2022-06-012023-05-3108547443dpl:AdministrativeExpenses2022-06-012023-05-3108547443core:NetGoodwill2022-06-012023-05-3108547443core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3108547443dpl:GroupUndertakings2022-06-012023-05-3108547443dpl:ParticipatingInterests2022-06-012023-05-3108547443dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3108547443core:ListedExchangeTraded2022-06-012023-05-3108547443dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3108547443core:UnlistedNon-exchangeTraded2022-06-012023-05-3108547443core:NetGoodwill2024-05-3108547443core:IntangibleAssetsOtherThanGoodwill2024-05-3108547443core:LandBuildings2024-05-3108547443core:PlantMachinery2024-05-3108547443core:Vehicles2024-05-3108547443core:FurnitureFittings2024-05-3108547443core:OfficeEquipment2024-05-3108547443core:AfterOneYear2024-05-3108547443core:WithinOneYear2024-05-3108547443core:ListedExchangeTraded2024-05-3108547443core:UnlistedNon-exchangeTraded2024-05-3108547443core:ShareCapital2024-05-3108547443core:SharePremium2024-05-3108547443core:RevaluationReserve2024-05-3108547443core:OtherReservesSubtotal2024-05-3108547443core:RetainedEarningsAccumulatedLosses2024-05-3108547443core:NetGoodwill2023-05-3108547443core:IntangibleAssetsOtherThanGoodwill2023-05-3108547443core:LandBuildings2023-05-3108547443core:PlantMachinery2023-05-3108547443core:Vehicles2023-05-3108547443core:FurnitureFittings2023-05-3108547443core:OfficeEquipment2023-05-3108547443core:AfterOneYear2023-05-3108547443core:WithinOneYear2023-05-3108547443core:ListedExc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CERULEAN LTD

Registered Number
08547443
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

CERULEAN LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

AITCHESON, Lesley

Registered Address

Castle Hill House
12 Castle Hill
Windsor
SL4 1PD

Registered Number

08547443 (England and Wales)
CERULEAN LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,9452,130
1,9452,130
Current assets
Stocks4-19,060
Debtors516,32124,946
Cash at bank and on hand4,94314,329
21,26458,335
Creditors amounts falling due within one year6(22,639)(41,391)
Net current assets (liabilities)(1,375)16,944
Total assets less current liabilities57019,074
Creditors amounts falling due after one year7(8,739)(13,138)
Provisions for liabilities8(370)(405)
Net assets(8,539)5,531
Capital and reserves
Called up share capital11
Profit and loss account(8,540)5,530
Shareholders' funds(8,539)5,531
The financial statements were approved and authorised for issue by the Director on 12 July 2024, and are signed on its behalf by:
AITCHESON, Lesley
Director
Registered Company No. 08547443
CERULEAN LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
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).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Fixtures and fittings25
Office Equipment25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 June 234672,6633,130
Additions249208457
At 31 May 247162,8713,587
Depreciation and impairment
At 01 June 231268741,000
Charge for year169473642
At 31 May 242951,3471,642
Net book value
At 31 May 244211,5241,945
At 31 May 233411,7892,130
4.Stocks

2024

2023

££
Work in progress-19,060
Total-19,060
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables5,49924,900
Other debtors-46
Total5,49924,946
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables5,3499,724
Taxation and social security15,66520,867
Accrued liabilities and deferred income1,62510,800
Total22,63941,391
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts8,73913,138
Total8,73913,138
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)370405
Total370405