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REGISTERED NUMBER: 07224732 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

BLUEBIRD TREASURY SERVICES LIMITED

BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUEBIRD TREASURY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: James Elton
Dustin James McGivern





REGISTERED OFFICE: Suite 23
63/66 Hatton Garden Fifth Floor
London
EC1N 8LE





REGISTERED NUMBER: 07224732 (England and Wales)





ACCOUNTANTS: Defries Weiss (Accountants) Limited
1 Bridge Lane
London
NW11 0EA

BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,428,747 2,259,059

CURRENT ASSETS
Debtors 5 50,522 50,000
Cash at bank and in hand 309 1,626
50,831 51,626
CREDITORS
Amounts falling due within one year 6 1,786,945 1,525,330
NET CURRENT LIABILITIES (1,736,114 ) (1,473,704 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

692,633

785,355

PROVISIONS FOR LIABILITIES 114,966 118,285
NET ASSETS 577,667 667,070

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 371,453 354,856
Retained earnings 206,114 312,114
SHAREHOLDERS' FUNDS 577,667 667,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by:





James Elton - Director


BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Bluebird Treasury Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Bluebird Treasury Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is not required by the Companies Act 2006 to prepare consolidated financial statements, because the group is small.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange prevailing at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange prevailing at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments in associate undertakings are recognised at cost, less a provision for impairment where appropriate. Other investments consist of listed investments and investments in unquoted investment funds which are measured at fair value. Changes in fair value are recognised in the income statement.


BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 May 2023 562,000 1,697,059 2,259,059
Additions - 207,574 207,574
Disposals - (50,008 ) (50,008 )
Revaluations - 13,278 13,278
Exchange differences - (1,156 ) (1,156 )
At 30 April 2024 562,000 1,866,747 2,428,747
NET BOOK VALUE
At 30 April 2024 562,000 1,866,747 2,428,747
At 30 April 2023 562,000 1,697,059 2,259,059

Cost or valuation at 30 April 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2019 - 26,439 26,439
Valuation in 2020 - 40,378 40,378
Valuation in 2021 (238,000 ) (20,031 ) (258,031 )
Valuation in 2022 - 358,746 358,746
Valuation in 2023 - 67,609 67,609
Valuation in 2024 - 13,278 13,278
Cost 800,000 1,380,328 2,180,328
562,000 1,866,747 2,428,747

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed by related parties 522 -
Sundry debtors 50,000 50,000
50,522 50,000

BLUEBIRD TREASURY SERVICES LIMITED (REGISTERED NUMBER: 07224732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1 -
Amounts owed to related parties 489,182 519,759
Taxation and social security - 15,400
Sundry creditors 1,297,762 990,171
1,786,945 1,525,330

7. RESERVES
Fair
value
reserve
£   
At 1 May 2023 354,856
Fair value transfer 13,278
Deferred tax transfer 3,319

At 30 April 2024 371,453

8. GOING CONCERN

The financial statements have been prepared on a going concern basis, which is dependent on the continued support of the directors and the subsidiary company, which is controlled by the directors. The directors do not intend to withdraw their support in the foreseeable future and therefore the going concern basis is reasonable.