Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3111true2023-04-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13965945 2023-04-01 2024-03-31 13965945 2022-03-09 2023-03-31 13965945 2024-03-31 13965945 2023-03-31 13965945 c:Director1 2023-04-01 2024-03-31 13965945 d:CurrentFinancialInstruments 2024-03-31 13965945 d:CurrentFinancialInstruments 2023-03-31 13965945 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13965945 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13965945 d:ShareCapital 2024-03-31 13965945 d:ShareCapital 2023-03-31 13965945 d:RetainedEarningsAccumulatedLosses 2024-03-31 13965945 d:RetainedEarningsAccumulatedLosses 2023-03-31 13965945 c:OrdinaryShareClass1 2023-04-01 2024-03-31 13965945 c:OrdinaryShareClass1 2024-03-31 13965945 c:OrdinaryShareClass1 2023-03-31 13965945 c:FRS102 2023-04-01 2024-03-31 13965945 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13965945 c:FullAccounts 2023-04-01 2024-03-31 13965945 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13965945 2 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13965945














THEBLUES LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
THEBLUES LTD
REGISTERED NUMBER:13965945

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
40,722
-

Cash at bank and in hand
 5 
95,086
147,352

  
135,808
147,352

Creditors: amounts falling due within one year
 6 
(27,706)
(31,274)

Net current assets
  
 
 
108,102
 
 
116,078

Total assets less current liabilities
  
108,102
116,078

  

Net assets
  
108,102
116,078


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
108,002
115,978

  
108,102
116,078


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 profit and loss account 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 by: 




E F Levy
Director

Date: 18 October 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
THEBLUES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

TheBlues Ltd is a private company, limited by shares, registered in England and Wales, registration number is 13965945. The registered office address of the company is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company continued to be that of publishing consultancy.
 
2.Accounting policies

 
2.1

Basis of preparation of financial statements

The company's functional and presentational currency is pound sterling.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from publishing consultancy is recognised when it is probable the company will receive the consideration due under the contract.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

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.

 
2.6

Cash

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

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors and loans with related parties.

Page 2

 
THEBLUES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
31,552
-

Other debtors
8,499
-

Prepayments
671
-

40,722
-



5.


Cash

2024
2023
£
£

Cash at bank and in hand
95,086
147,352



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
1,695
-

Corporation tax
-
27,674

Other taxation and social security
543
-

Accruals and deferred income
25,468
3,600

27,706
31,274


Page 3

 
THEBLUES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Transactions with the director

During the year, the company advanced £9,714 (2023 - £NIL) to the director. As at the year end, the director owed £7,094 (2023 - £NIL) to the company. This loan is unsecured, interest free and repayable on demand.
 
During the year, dividends of £1,000 (2023 - £2,000) was paid to the director.
 
Page 4