Silverfin false false 31/01/2024 01/02/2023 31/01/2024 Mr B Jesty 19/01/2016 Mr J Reynolds 19/01/2016 28 October 2024 The principal activity of the company during the financial company was that of a property development company. 09958634 2024-01-31 09958634 bus:Director1 2024-01-31 09958634 bus:Director2 2024-01-31 09958634 2023-01-31 09958634 core:CurrentFinancialInstruments 2024-01-31 09958634 core:CurrentFinancialInstruments 2023-01-31 09958634 core:ShareCapital 2024-01-31 09958634 core:ShareCapital 2023-01-31 09958634 core:RetainedEarningsAccumulatedLosses 2024-01-31 09958634 core:RetainedEarningsAccumulatedLosses 2023-01-31 09958634 2023-02-01 2024-01-31 09958634 bus:FilletedAccounts 2023-02-01 2024-01-31 09958634 bus:SmallEntities 2023-02-01 2024-01-31 09958634 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09958634 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09958634 bus:Director1 2023-02-01 2024-01-31 09958634 bus:Director2 2023-02-01 2024-01-31 09958634 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Company No: 09958634 (England and Wales)

BLUEWATERS INVESTMENTS LTD

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

BLUEWATERS INVESTMENTS LTD

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

BLUEWATERS INVESTMENTS LTD

BALANCE SHEET

As at 31 January 2024
BLUEWATERS INVESTMENTS LTD

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Current assets
Stocks 3 79,000 3,926
Debtors 100 100
Cash at bank and in hand 94 0
79,194 4,026
Creditors: amounts falling due within one year 4 ( 82,663) ( 4,640)
Net current liabilities (3,469) (614)
Total assets less current liabilities (3,469) (614)
Net liabilities ( 3,469) ( 614)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 3,569 ) ( 714 )
Total shareholders' deficit ( 3,469) ( 614)

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Bluewaters Investments Ltd (registered number: 09958634) were approved and authorised for issue by the Board of Directors on 28 October 2024. They were signed on its behalf by:

Mr B Jesty
Director
BLUEWATERS INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
BLUEWATERS INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bluewaters Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 77 Poole Road Westbourne, Bournemouth, BH4 9BB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Stocks

2024 2023
£ £
Work in progress 79,000 3,926

4. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 82,663 4,640