IRIS Accounts Production v24.3.2.46 08468492 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084684922023-03-31084684922024-03-31084684922023-04-012024-03-31084684922022-03-31084684922022-04-012023-03-31084684922023-03-3108468492ns15:EnglandWales2023-04-012024-03-3108468492ns14:PoundSterling2023-04-012024-03-3108468492ns10:Director12023-04-012024-03-3108468492ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108468492ns10:SmallEntities2023-04-012024-03-3108468492ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108468492ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108468492ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108468492ns10:FullAccounts2023-04-012024-03-3108468492ns10:Director22023-04-012024-03-3108468492ns10:RegisteredOffice2023-04-012024-03-3108468492ns5:CurrentFinancialInstruments2024-03-3108468492ns5:CurrentFinancialInstruments2023-03-3108468492ns5:Non-currentFinancialInstruments2024-03-3108468492ns5:Non-currentFinancialInstruments2023-03-3108468492ns5:ShareCapital2024-03-3108468492ns5:ShareCapital2023-03-3108468492ns5:RetainedEarningsAccumulatedLosses2024-03-3108468492ns5:RetainedEarningsAccumulatedLosses2023-03-3108468492ns5:FurnitureFittings2023-04-012024-03-3108468492ns5:MotorVehicles2023-04-012024-03-3108468492ns5:ComputerEquipment2023-04-012024-03-3108468492ns5:FurnitureFittings2023-03-3108468492ns5:MotorVehicles2023-03-3108468492ns5:ComputerEquipment2023-03-3108468492ns5:FurnitureFittings2024-03-3108468492ns5:MotorVehicles2024-03-3108468492ns5:ComputerEquipment2024-03-3108468492ns5:FurnitureFittings2023-03-3108468492ns5:MotorVehicles2023-03-3108468492ns5:ComputerEquipment2023-03-3108468492ns5:CostValuation2023-03-3108468492ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108468492ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108468492ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3108468492ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-3108468492ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3108468492ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-31
REGISTERED NUMBER: 08468492 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Bluebox Finishing Ltd

Bluebox Finishing Ltd (Registered number: 08468492)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bluebox Finishing Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K Kerr-Morgan
L McCluskey





REGISTERED OFFICE: Unit 8 Redesdale Court
Riverside Park Ind. Estate
Middlesbrough
TS2 1RL





REGISTERED NUMBER: 08468492 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

Bluebox Finishing Ltd (Registered number: 08468492)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 445 475
Investments 4 25,450 25,450
25,895 25,925

CURRENT ASSETS
Stocks 5 8,640 8,640
Debtors 6 386,077 381,572
Cash at bank 9,674 29,729
404,391 419,941
CREDITORS
Amounts falling due within one year 7 (400,725 ) (336,811 )
NET CURRENT ASSETS 3,666 83,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,561

109,055

CREDITORS
Amounts falling due after more than one year 8 (11,667 ) (21,667 )
NET ASSETS 17,894 87,388

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 17,692 87,186
SHAREHOLDERS' FUNDS 17,894 87,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Bluebox Finishing Ltd (Registered number: 08468492)

Balance Sheet - continued
31 March 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 27 January 2025 and were signed on its behalf by:





K Kerr-Morgan - Director


Bluebox Finishing Ltd (Registered number: 08468492)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

Bluebox Finishing Ltd (Registered number: 08468492)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 387 19,108 5,373 24,868
Additions - - 349 349
At 31 March 2024 387 19,108 5,722 25,217
DEPRECIATION
At 1 April 2023 387 19,108 4,898 24,393
Charge for year - - 379 379
At 31 March 2024 387 19,108 5,277 24,772
NET BOOK VALUE
At 31 March 2024 - - 445 445
At 31 March 2023 - - 475 475

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 25,450
NET BOOK VALUE
At 31 March 2024 25,450
At 31 March 2023 25,450

5. STOCKS
2024 2023
£    £   
Work-in-progress 8,640 8,640

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 361,289 372,906
VAT 23,504 6,935
Prepayments and accrued income 1,284 1,731
386,077 381,572

Bluebox Finishing Ltd (Registered number: 08468492)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 72,696 56,424
Corporation tax 23,347 23,097
Social security and other tax 12,648 3,347
Other creditors 25,335 145
Directors' current accounts 12,894 242
Accruals and deferred income 243,805 243,556
400,725 336,811

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 1,667 11,667
11,667 21,667