Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-312022-09-011truefalsefish and chips restaurant1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10141857 2022-09-01 2023-08-31 10141857 2021-09-01 2022-08-31 10141857 2023-08-31 10141857 2022-08-31 10141857 c:Director1 2022-09-01 2023-08-31 10141857 d:PlantMachinery 2022-09-01 2023-08-31 10141857 d:PlantMachinery 2023-08-31 10141857 d:PlantMachinery 2022-08-31 10141857 d:MotorVehicles 2022-09-01 2023-08-31 10141857 d:MotorVehicles 2023-08-31 10141857 d:MotorVehicles 2022-08-31 10141857 d:FurnitureFittings 2022-09-01 2023-08-31 10141857 d:FurnitureFittings 2023-08-31 10141857 d:FurnitureFittings 2022-08-31 10141857 d:Goodwill 2022-09-01 2023-08-31 10141857 d:Goodwill 2023-08-31 10141857 d:Goodwill 2022-08-31 10141857 d:CurrentFinancialInstruments 2023-08-31 10141857 d:CurrentFinancialInstruments 2022-08-31 10141857 d:Non-currentFinancialInstruments 2023-08-31 10141857 d:Non-currentFinancialInstruments 2022-08-31 10141857 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10141857 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 10141857 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 10141857 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 10141857 d:ShareCapital 2023-08-31 10141857 d:ShareCapital 2022-08-31 10141857 d:RetainedEarningsAccumulatedLosses 2023-08-31 10141857 d:RetainedEarningsAccumulatedLosses 2022-08-31 10141857 c:OrdinaryShareClass1 2022-09-01 2023-08-31 10141857 c:OrdinaryShareClass1 2023-08-31 10141857 c:EntityNoLongerTradingButTradedInPast 2022-09-01 2023-08-31 10141857 c:FRS102 2022-09-01 2023-08-31 10141857 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 10141857 c:FullAccounts 2022-09-01 2023-08-31 10141857 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10141857 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10141857









AZURA BLUE LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
AZURA BLUE LTD
REGISTERED NUMBER: 10141857

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
168,000

Tangible assets
 5 
-
13,634

  
-
181,634

Current assets
  

Debtors: amounts falling due within one year
 6 
456,089
443,744

Cash at bank and in hand
 7 
-
2,852

  
456,089
446,596

Creditors: amounts falling due within one year
 8 
(221,718)
(217,016)

Net current assets
  
 
 
234,371
 
 
229,580

Total assets less current liabilities
  
234,371
411,214

Creditors: amounts falling due after more than one year
 9 
(507,645)
(509,913)

  

Net liabilities
  
(273,274)
(98,699)


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(273,374)
(98,799)

  
(273,274)
(98,699)

Page 1

 
AZURA BLUE LTD
REGISTERED NUMBER: 10141857
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 August 2024.




A Ozerin
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Azura Blue Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, London, E11 1GA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures and fittings
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

Page 4

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

  
2.8

Creditors

Short-term creditors are measured at the transaction price. 


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Intangible assets




Goodwill

£





At 1 September 2022
240,000


Disposals
(240,000)



At 31 August 2023

-





At 1 September 2022
72,000


On disposals
(72,000)



At 31 August 2023

-



Net book value



At 31 August 2023
-



At 31 August 2022
168,000



Page 5

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£





At 1 September 2022
22,331
10,144
5,144
37,619


Disposals
(22,331)
(10,144)
(5,144)
(37,619)



At 31 August 2023

-
-
-
-





At 1 September 2022
17,413
3,074
3,498
23,985


Disposals
(17,413)
(3,074)
(3,498)
(23,985)



At 31 August 2023

-
-
-
-



Net book value



At 31 August 2023
-
-
-
-



At 31 August 2022
4,918
7,070
1,646
13,634


6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
434,982
435,446

Other debtors
2,107
1,298

Prepayments and accrued income
19,000
7,000

456,089
443,744



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
2,852

-
2,852


Page 6

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,450
5,450

Trade creditors
10,614
5,760

Other creditors
201,206
201,206

Accruals
4,448
4,600

221,718
217,016



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
32,660
34,928

Other creditors
474,985
474,985

507,645
509,913


Page 7

 
AZURA BLUE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



11.


Related party transactions

Included in other creditors is an amount of £201,206 (2022 - £201,706) owed to a director of the company.

 
Page 8