Registered No. SO304135 (Scotland)
Blue Sea Consulting LLP
Unaudited accounts
for the period from 1 November 2023 to 31 March 2024
Blue Sea Consulting LLP
LLP Information
for the period from 1 November 2023 to 31 March 2024
Designated members
Mr Craig Latimer
Registered Number
SO304135 (Scotland)
Registered Office
Unit 2 The Beeches
Over Hessilhead Farm
Gateside
KA15 2LL
Accountants
Eastfield Accountants Limited
Blofield Business Centre
Woodbastwick Road
Blofield Heath
Norwich
Norfolk
NR13 4RR
Blue Sea Consulting LLP
Statement of financial position
as at 31 March 2024
Tangible assets
15,501
17,383
Cash at bank and in hand
38,492
48,245
Creditors: amounts falling due within one year
(4,634)
(5,988)
Net current assets
70,718
80,129
Total assets less current liabilities
86,219
97,512
Creditors: amounts falling due after more than one year
(7,806)
(8,656)
Net assets attributable to members
78,413
88,856
Members' capital classified as equity
26,104
52,762
Other reserves
52,309
36,094
Members' other interests
78,413
88,856
For the period ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 2 January 2025.
Mr Martin Latimer
Designated member
Limited Liability Partnership Registration No. SO304135
Blue Sea Consulting LLP
Notes to the Accounts
for the period from 1 November 2023 to 31 March 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% straight line and 25% reducing balance
Blue Sea Consulting LLP is a limited liability partnership, incorporated in Scotland, registration number SO304135. Its registered office is Unit 2 The Beeches, Over Hessilhead Farm, Gateside, KA15 2LL.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
138
19,077
421
1,512
21,148
At 31 March 2024
138
19,077
421
1,512
21,148
At 1 November 2023
137
2,385
18
1,225
3,765
Charge for the period
-
1,739
42
101
1,882
At 31 March 2024
137
4,124
60
1,326
5,647
At 31 March 2024
1
14,953
361
186
15,501
At 31 October 2023
1
16,692
403
287
17,383
4
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,981
1,897
Taxes and social security costs
380
1,817
Other creditors
1,183
1,454
Blue Sea Consulting LLP
Notes to the Accounts
for the period from 1 November 2023 to 31 March 2024
5
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,806
8,656
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).