Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30false2023-10-01information technology consultancy22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04544872 2023-10-01 2024-09-30 04544872 2022-10-01 2023-09-30 04544872 2024-09-30 04544872 2023-09-30 04544872 c:Director1 2023-10-01 2024-09-30 04544872 d:PlantMachinery 2023-10-01 2024-09-30 04544872 d:PlantMachinery 2024-09-30 04544872 d:PlantMachinery 2023-09-30 04544872 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04544872 d:MotorVehicles 2023-10-01 2024-09-30 04544872 d:MotorVehicles 2024-09-30 04544872 d:MotorVehicles 2023-09-30 04544872 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04544872 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04544872 d:CurrentFinancialInstruments 2024-09-30 04544872 d:CurrentFinancialInstruments 2023-09-30 04544872 d:Non-currentFinancialInstruments 2024-09-30 04544872 d:Non-currentFinancialInstruments 2023-09-30 04544872 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04544872 c:FullAccounts 2023-10-01 2024-09-30 04544872 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04544872 c:Micro-entities 2023-10-01 2024-09-30 04544872 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 04544872










BLUEFIN CONSULTING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
BLUEFIN CONSULTING LTD
REGISTERED NUMBER: 04544872

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£


Fixed assets
5,042
10,265

Current assets
15,740
18,404

Creditors: amounts falling due within one year
(18,288)
(23,713)

Net current liabilities
 
 
(2,548)
 
 
(5,309)

Total assets less current liabilities
2,494
4,956

Creditors: amounts falling due after more than one year
(26,900)
(27,774)

Provisions for liabilities

Deferred taxation
(1,506)
(1,950)

 
 
(1,506)
 
 
(1,950)

Net liabilities
(25,912)
(24,768)



Capital and reserves
(25,912)
(24,768)


Page 1

 
BLUEFIN CONSULTING LTD
REGISTERED NUMBER: 04544872
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

Notes


General information

Bluefin Consulting Ltd is a private company, limited by share capital, incorporated in England & Wales under registration number 04544872. The address of the registered office is situated at Level 5A, Maple House, 149 Tottenham Court Road, London, W1T 7NF.


Average number of employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


Directors' confirmations

The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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 24 January 2025.




Mr D Turfery
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BLUEFIN CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies

 
1.1

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Going concern

The financial statements have been prepared on the assumption that the company will have the continued financial support of the shareholder. The shareholder of the company have sufficient resources to finance the company as and when the need arises.
The financial statements have been prepared on a going concern basis which is dependent on the financial support of the shareholder to ensure that the company will continue in operational existence for the foreseeable future.

 
1.3

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.

 
1.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.5

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.

Page 3

 
BLUEFIN CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and Fittings
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
BLUEFIN CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.Accounting policies (continued)

 
1.8

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.

 
1.9

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.

 
1.10

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.


Tangible fixed assets





Fixtures & Fittings
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 October 2023
42,139
16,165
58,304


Disposals
-
(16,165)
(16,165)



At 30 September 2024

42,139
-
42,139



Depreciation


At 1 October 2023
35,089
12,950
48,039


Charge for the year on owned assets
2,008
-
2,008


Disposals
-
(12,950)
(12,950)



At 30 September 2024

37,097
-
37,097



Net book value



At 30 September 2024
5,042
-
5,042



At 30 September 2023
7,050
3,215
10,265

Page 5

 
BLUEFIN CONSULTING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Debtors

2024
2023
£
£


Trade debtors
-
2,000

S458 tax recoverable
-
5,303

-
7,303



4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,840
10,783

PAYE/NI payable
344
-

Directors' loan account
10,952
11,778

Accruals
1,152
1,152

18,288
23,713


The bank loan is an unsecured bounce back loan.


5.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
26,900
27,774

26,900
27,774


The bank loan is an unsecured bounce back loan.


6.


Controlling party

There is no controlling party.
 
Page 6