Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09626270 Mr Lee Kerr Mr Vincent Kerr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09626270 2023-06-30 09626270 2024-06-30 09626270 2023-07-01 2024-06-30 09626270 frs-core:Non-currentFinancialInstruments 2024-06-30 09626270 frs-core:ShareCapital 2024-06-30 09626270 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09626270 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09626270 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 09626270 frs-bus:SmallEntities 2023-07-01 2024-06-30 09626270 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09626270 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09626270 frs-bus:Director1 2023-07-01 2024-06-30 09626270 frs-bus:Director2 2023-07-01 2024-06-30 09626270 frs-countries:EnglandWales 2023-07-01 2024-06-30 09626270 2022-06-30 09626270 2023-06-30 09626270 2022-07-01 2023-06-30 09626270 frs-core:Non-currentFinancialInstruments 2023-06-30 09626270 frs-core:ShareCapital 2023-06-30 09626270 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09626270
Bluubean Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09626270
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 81,157 81,157
81,157 81,157
CURRENT ASSETS
Stocks 896,714 1,224,911
Debtors 5 654,171 7,276
Cash at bank and in hand 72,573 802,107
1,623,458 2,034,294
Creditors: Amounts Falling Due Within One Year (2,590 ) (11,756 )
NET CURRENT ASSETS (LIABILITIES) 1,620,868 2,022,538
TOTAL ASSETS LESS CURRENT LIABILITIES 1,702,025 2,103,695
Creditors: Amounts Falling Due After More Than One Year (1,000,000 ) (1,400,000 )
NET ASSETS 702,025 703,695
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 702,023 703,693
SHAREHOLDERS' FUNDS 702,025 703,695
Page 1
Page 2
For the year ending 30 June 2024 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 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 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Lee Kerr
Director
10/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Bluubean Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09626270 . The registered office is Carlton House Carlton Road, Dewsbury, West Yorkshire, WF13 2AT.
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 includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of properties is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point of completion of the property.
Rental income
Rental income is also recognised in respect of investment properties held by the company.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Stocks and Work in Progress
Stocks and work in progress comprise of properties under development, and are valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes the purchase price of development properties, associated purchase costs, direct materials and all labour costs that have been incurred in bringing the properties to their present condition.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.
Current 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 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: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 81,157
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due after more than one year
Amounts owed by group undertakings 650,000 -
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4