Acorah Software Products - Accounts Production 15.0.600 false true true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 06355962 Mr Jeremy Lee Mr Jeremy Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06355962 2022-08-31 06355962 2023-08-31 06355962 2022-09-01 2023-08-31 06355962 frs-core:CurrentFinancialInstruments 2023-08-31 06355962 frs-core:CapitalRedemptionReserve 2023-08-31 06355962 frs-core:ShareCapital 2023-08-31 06355962 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06355962 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06355962 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 06355962 frs-bus:SmallEntities 2022-09-01 2023-08-31 06355962 frs-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06355962 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06355962 frs-core:CostValuation 2022-08-31 06355962 frs-core:CostValuation 2023-08-31 06355962 frs-core:ProvisionsForImpairmentInvestments 2022-08-31 06355962 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 06355962 frs-bus:Director1 2022-09-01 2023-08-31 06355962 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 06355962 frs-core:CurrentFinancialInstruments 1 2023-08-31 06355962 frs-core:CurrentFinancialInstruments 2 2023-08-31 06355962 frs-countries:EnglandWales 2022-09-01 2023-08-31 06355962 2021-08-31 06355962 2022-08-31 06355962 2021-09-01 2022-08-31 06355962 frs-core:CurrentFinancialInstruments 2022-08-31 06355962 frs-core:CapitalRedemptionReserve 2022-08-31 06355962 frs-core:ShareCapital 2022-08-31 06355962 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 06355962 frs-core:CurrentFinancialInstruments 1 2022-08-31 06355962 frs-core:CurrentFinancialInstruments 2 2022-08-31
Registered number: 06355962
Bluetech Systems Limited
Financial Statements
For The Year Ended 31 August 2023
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Contents
Page
Company Information 1
Accountant's Report 2
Statement of Financial Position 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Director Mr Jeremy Lee
Secretary Mr Jeremy Lee
Company Number 06355962
Registered Office C/O The Curtis Partnership 1 Tape Street
Cheadle
Stoke-On-Trent
ST10 1BB
Accountants The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Page 1
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Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the statement of financial position as at year ended 31 August 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
20th August 2024
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
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Statement of Financial Position
Registered number: 06355962
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 533,983 533,983
533,983 533,983
CURRENT ASSETS
Debtors 5 5,000 5,000
5,000 5,000
Creditors: Amounts Falling Due Within One Year 6 (662,872 ) (662,512 )
NET CURRENT ASSETS (LIABILITIES) (657,872 ) (657,512 )
TOTAL ASSETS LESS CURRENT LIABILITIES (123,889 ) (123,529 )
NET LIABILITIES (123,889 ) (123,529 )
CAPITAL AND RESERVES
Called up share capital 7 9,168 9,168
Capital redemption reserve 2,892 2,892
Income Statement (135,949 ) (135,589 )
SHAREHOLDERS' FUNDS (123,889) (123,529)
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For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Jeremy Lee
Director
20th August 2024
The notes on pages 5 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bluetech Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06355962 . The registered office is C/O The Curtis Partnership 1 Tape Street, Cheadle, Stoke-On-Trent, ST10 1BB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.  SFF(C) Ltd has gone into administration and a buyer is currently being sought, it is uncertain what will become of the shares and investment in SFF(C) Ltd.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
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4. Investments
Joint Ventures
£
Cost
As at 1 September 2022 533,983
As at 31 August 2023 533,983
Provision
As at 1 September 2022 -
As at 31 August 2023 -
Net Book Value
As at 31 August 2023 533,983
As at 1 September 2022 533,983
Sustainable Fish Farming (Canada) Limited
SFF(C) Lts is a companuy incorporated in Canada and it's principle activity is fish farming.  The company was acquired from AAT Ltd in October 2007.  As at 31st August 2013 Bluetech Systems owned 31.15% of the share capital of this company. 
On 30th June 2014 SFF(C) Ltd completed a capital re-organisation whereby amounts owed to certain parties were capitalised.  The new share structure at this time was for a total of 4 million issued shares.
Following the reorganisation, a further 1.65 million shares were issued through a private equity placement.
As at 31st August 2014 Bluetech Systems owned 12.49% of the issued share capital in the re-organised SFF(C) Ltd.
In December 2019, further shares were issued to a new investor.  This has diluted Brlutech's shareholding to 4%. SFF(C)'s year end was also extended from August to December. 
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 5,000 5,000
Other debtors consist of unpaid share capital from Jeremy Lee.
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Shareholder loans 626,597 626,597
Other creditors 22,025 22,025
Company loans - Bluetech Canada 2,610 2,610
Company loans - Blutech Systems Inter 5,640 5,640
Accruals and deferred income 360 2,820
Directors' loan accounts 5,640 2,820
662,872 662,512
Other creditirs consists of a loan from J D Roberts
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 9,168 9,168
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