BLUECLAW MEDIA LTD

Company Registration Number:
05985341 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

BLUECLAW MEDIA LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BLUECLAW MEDIA LTD

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Website design and search engine optimisation. As at the end of 2023, the company was no longer in use by the group and the company no longer trades.

Political and charitable donations

Nil

Additional information

Small company provision, results for the year, liability insurance.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

D King
C Ackroyd


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 September 2024

And signed on behalf of the board by:
Name: D King
Status: Director

BLUECLAW MEDIA LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 244,145 1,496,806
Cost of sales: ( 207,088 ) ( 1,042,990 )
Gross profit(or loss): 37,057 453,816
Administrative expenses: ( 60,179 ) ( 198,309 )
Operating profit(or loss): (23,122) 255,507
Interest receivable and similar income: 42 2
Interest payable and similar charges: ( 15,101 ) ( 7,630 )
Profit(or loss) before tax: (38,181) 247,879
Tax: ( 50,747 ) ( 13,100 )
Profit(or loss) for the financial year: (88,928) 234,779

BLUECLAW MEDIA LTD

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 10,709
Total fixed assets: 0 10,709
Current assets
Debtors: 4 1,204,774 1,005,955
Cash at bank and in hand: 82,041 471,029
Total current assets: 1,286,815 1,476,984
Creditors: amounts falling due within one year: 5 ( 71,455 ) ( 178,458 )
Net current assets (liabilities): 1,215,360 1,298,526
Total assets less current liabilities: 1,215,360 1,309,235
Creditors: amounts falling due after more than one year: 6 ( 4,947 )
Total net assets (liabilities): 1,215,360 1,304,288
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,215,358 1,304,286
Total Shareholders' funds: 1,215,360 1,304,288

The notes form part of these financial statements

BLUECLAW MEDIA LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 September 2024
and signed on behalf of the board by:

Name: D King
Status: Director

The notes form part of these financial statements

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The Company provides services to the Group ranging from search engine optimisation and pay per click management to digital Public Relationship and content marketing with significant experience in the market verticals in which the Company operates. The Company does not receive revenues directly from third parties, revenues are remitted via the Group’s transfer pricing policy as part of a bi-annual adjustment. Turnover of the group is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from contracts with customers is recognised when the services is transferred to the customer. The transaction price is the amount of the consideration that is expected to be received based on the contract terms.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Tangible assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

    Other accounting policies

    Taxation, deferred tax, employee benefits, debtors, cash and creditors.

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 9

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 95,860 23,002 118,862
Additions
Disposals ( 95,860 ) ( 23,002 ) ( 118,862 )
Revaluations
Transfers
At 31 December 2023 0 0 0
Depreciation
At 1 January 2023 89,072 19,081 108,153
Charge for year 2,550 1,342 3,892
On disposals ( 91,622 ) ( 20,423 ) ( 112,045 )
Other adjustments
At 31 December 2023 0 0 0
Net book value
At 31 December 2023 0 0 0
At 31 December 2022 6,788 3,921 10,709

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 0 64,298
Prepayments and accrued income 0
Other debtors 1,204,774 941,657
Total 1,204,774 1,005,955

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 18,224
Taxation and social security 71,455 82,431
Other creditors 77,803
Total 71,455 178,458

BLUECLAW MEDIA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

  2022
  £
Other creditors 4,947
Total   4,947