Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09856809 Mr Michael Mleczko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09856809 2022-12-31 09856809 2023-12-31 09856809 2023-01-01 2023-12-31 09856809 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09856809 frs-core:PlantMachinery 2023-01-01 2023-12-31 09856809 frs-core:ShareCapital 2023-12-31 09856809 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09856809 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09856809 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 09856809 frs-bus:SmallEntities 2023-01-01 2023-12-31 09856809 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09856809 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09856809 frs-bus:Director1 2023-01-01 2023-12-31 09856809 frs-countries:EnglandWales 2023-01-01 2023-12-31 09856809 2021-12-31 09856809 2022-12-31 09856809 2022-01-01 2022-12-31 09856809 frs-core:ShareCapital 2022-12-31 09856809 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09856809
BLUE COSMETICS LTD
ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09856809
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,992 36,698
30,992 36,698
CURRENT ASSETS
Stocks 252,779 361,078
Debtors 14,973 17,154
Cash at bank and in hand 9,959 15,579
277,711 393,811
Creditors: Amounts Falling Due Within One Year (831,049 ) (793,009 )
NET CURRENT ASSETS (LIABILITIES) (553,338 ) (399,198 )
TOTAL ASSETS LESS CURRENT LIABILITIES (522,346 ) (362,500 )
NET LIABILITIES (522,346 ) (362,500 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (522,446 ) (362,600 )
SHAREHOLDERS' FUNDS (522,346) (362,500)
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For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Michael Mleczko
Director
11/09/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
BLUE COSMETICS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09856809 . The registered office is 27 The Greenway, Uxbridge, UB8 2PJ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises of revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.


2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs including freight and carriage costs.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: 13)
10 13
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4. Tangible Assets
Total
£
Cost
As at 1 January 2023 99,232
Additions 4,500
As at 31 December 2023 103,732
Depreciation
As at 1 January 2023 62,534
Provided during the period 10,206
As at 31 December 2023 72,740
Net Book Value
As at 31 December 2023 30,992
As at 1 January 2023 36,698
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
6. Related Party Transactions
Other creditors of £596,162 in Note 7 include amount owed to Mleczko Delikatesy Limited of £595,946 (2022: £560,635) and Baltic Enterprises (UK) Limited of £216 (2022: £216). Both companies are related parties of the reporting entity.
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