Company Registration No. 07625953 (England and Wales)
Aruba Blu Limited
Unaudited accounts
for the year ended 31 May 2024
Aruba Blu Limited
Unaudited accounts
Contents
Aruba Blu Limited
Company Information
for the year ended 31 May 2024
Directors
Leah Mary Brathwaite
Nikolai Ambrosia Brathwaite
Company Number
07625953 (England and Wales)
Registered Office
16 West Road Quintrell Down
Newquay, Cornwall
TR84LD
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Aruba Blu Limited
Accountants' report
Accountants' report to the board of directors of Aruba Blu Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Aruba Blu Limited for the year ended
31 May 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Aruba Blu Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Aruba Blu Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aruba Blu Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aruba Blu Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aruba Blu Limited. You consider that Aruba Blu Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Aruba Blu Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
5 December 2024
Aruba Blu Limited
Statement of financial position
as at 31 May 2024
Tangible assets
235,866
229,731
Cash at bank and in hand
168,342
167,682
Creditors: amounts falling due within one year
(161,791)
(107,030)
Net current assets
19,365
81,879
Total assets less current liabilities
255,235
311,614
Creditors: amounts falling due after more than one year
(14,265)
(21,126)
Provisions for liabilities
Net assets
240,970
286,048
Called up share capital
2
2
Profit and loss account
240,968
286,046
Shareholders' funds
240,970
286,048
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2024 and were signed on its behalf by
Nikolai Ambrosia Brathwaite
Director
Company Registration No. 07625953
Aruba Blu Limited
Notes to the Accounts
for the year ended 31 May 2024
Aruba Blu Limited is a private company, limited by shares, registered in England and Wales, registration number 07625953. The registered office is 16 West Road Quintrell Down, Newquay, Cornwall, TR84LD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
5 Year
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Aruba Blu Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
206,364
20,286
19,495
23,239
269,384
Additions
10,808
-
-
-
10,808
At 31 May 2024
217,172
20,286
19,495
23,239
280,192
At 1 June 2023
-
12,307
14,555
12,791
39,653
Charge for the year
-
1,596
988
2,089
4,673
At 31 May 2024
-
13,903
15,543
14,880
44,326
At 31 May 2024
217,172
6,383
3,952
8,359
235,866
At 31 May 2023
206,364
7,979
4,940
10,448
229,731
6
Investments
Other investments
Valuation at 1 June 2023
4
Valuation at 31 May 2024
4
Amounts falling due within one year
Other debtors
2,143
10,556
Aruba Blu Limited
Notes to the Accounts
for the year ended 31 May 2024
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
47,532
23,416
Trade creditors
4,570
5,534
Amounts owed to group undertakings and other participating interests
70,394
783
Taxes and social security
7,893
33,765
Other creditors
13,194
6,531
9
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Accounts
4,247
(4,247)
-
-
Nikolai Ambrosia Brathwaite
Directors Loan Accounts
4,408
(5,767)
(1,359)
-
11
Average number of employees
During the year the average number of employees was 13 (2023: 13).