Caseware UK (AP4) 2023.0.135 2023.0.135 falsefalse2023-04-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. NI644029 2023-04-01 2024-03-31 NI644029 2022-04-01 2023-03-31 NI644029 2024-03-31 NI644029 2023-03-31 NI644029 c:Director1 2023-04-01 2024-03-31 NI644029 d:CurrentFinancialInstruments 2024-03-31 NI644029 d:CurrentFinancialInstruments 2023-03-31 NI644029 d:Non-currentFinancialInstruments 2024-03-31 NI644029 d:Non-currentFinancialInstruments 2023-03-31 NI644029 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 NI644029 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 NI644029 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 NI644029 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 NI644029 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 NI644029 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 NI644029 d:ShareCapital 2024-03-31 NI644029 d:ShareCapital 2023-03-31 NI644029 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 NI644029 d:RetainedEarningsAccumulatedLosses 2024-03-31 NI644029 d:RetainedEarningsAccumulatedLosses 2023-03-31 NI644029 c:OrdinaryShareClass1 2023-04-01 2024-03-31 NI644029 c:OrdinaryShareClass1 2024-03-31 NI644029 c:OrdinaryShareClass1 2023-03-31 NI644029 c:FRS102 2023-04-01 2024-03-31 NI644029 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI644029 c:FullAccounts 2023-04-01 2024-03-31 NI644029 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI644029 2 2023-04-01 2024-03-31 NI644029 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: NI644029










Blueshore Consulting Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2024

 
Blueshore Consulting Ltd
Registered number: NI644029

Balance Sheet
As at 31 March 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 6 
8,968
16

Cash at bank and in hand
 7 
59,523
56,786

  
68,491
56,802

Creditors: amounts falling due within one year
 8 
(25,899)
(26,549)

Net current assets
  
 
 
42,592
 
 
30,253

Total assets less current liabilities
  
42,592
30,253

Creditors: amounts falling due after more than one year
 9 
(5,387)
(9,350)

  

Net assets
  
37,205
20,903


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
 12 
37,105
20,803

  
37,205
20,903


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Blueshore Consulting Ltd
Registered number: NI644029

Balance Sheet (continued)
As at 31 March 2024

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 statement of comprehensive income 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 on 27 September 2024.




Mr Jonathan Livingstone
Director

The notes on pages 3 to 7 form part of these financial statements.

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Blueshore Consulting Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2024

1.


General information

Blueshore Consulting Limited is a private company limited by shares incorporated in Northern Ireland. The
registration number and address of the registered office are given in the company information section of
these financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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Blueshore Consulting Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.10

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.

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Blueshore Consulting Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Going concern

The Director of Blueshore Consulting Limited has reviewed the resources available and believes that
the company has adequate resources to continue in operational existence for the foreseeable future.
Accordingly, Blueshore Consulting Limited continues to adopt the going concern basis in preparing 
the financial statements.


4.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made in the process of applying the above accounting policies.
There are no key assumptions concerning the future and other key sources of estimation uncertainty at
the reporting date that may have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next financial year.


5.


Employees

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

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Blueshore Consulting Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2024

6.


Debtors

2024
2023
£
£


Trade debtors
8,372
-

Other debtors
596
16

8,968
16



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
59,523
56,786



8.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
4,698
4,444

Corporation tax
5,087
2,087

Other taxation and social security
277
705

Other creditors
14,032
17,663

Accruals and deferred income
1,805
1,650

25,899
26,549



9.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,387
9,350


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Page 6

 
Blueshore Consulting Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 March 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
4,698
4,444

Amounts falling due 1-2 years

Bank loans
5,386
9,350



10,084
13,794



11.


Share capital

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



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



12.


Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other
adjustments.


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