Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 06004512 Mrs Amie Pascoe Mr Nicholas Blythe Mr Alisdair Pettigrew Mr Simon Phillips Mr David Van Dyke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06004512 2023-04-30 06004512 2024-04-30 06004512 2023-05-01 2024-04-30 06004512 frs-core:CurrentFinancialInstruments 2024-04-30 06004512 frs-core:Non-currentFinancialInstruments 2024-04-30 06004512 frs-core:BetweenOneFiveYears 2024-04-30 06004512 frs-core:PlantMachinery 2024-04-30 06004512 frs-core:PlantMachinery 2023-05-01 2024-04-30 06004512 frs-core:PlantMachinery 2023-04-30 06004512 frs-core:WithinOneYear 2024-04-30 06004512 frs-core:CapitalRedemptionReserve 2024-04-30 06004512 frs-core:SharePremium 2024-04-30 06004512 frs-core:ShareCapital 2024-04-30 06004512 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 06004512 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06004512 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 06004512 frs-bus:SmallEntities 2023-05-01 2024-04-30 06004512 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06004512 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06004512 frs-core:CostValuation 2023-04-30 06004512 frs-core:AdditionsToInvestments 2024-04-30 06004512 frs-core:DisposalsRepaymentsInvestments 2024-04-30 06004512 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-04-30 06004512 frs-core:CostValuation 2024-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 06004512 frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:ListedExchangeTraded 2023-04-30 06004512 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-04-30 06004512 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-30 06004512 frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-core:UnlistedNon-exchangeTraded 2023-04-30 06004512 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 06004512 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 06004512 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 06004512 frs-bus:Director1 2023-05-01 2024-04-30 06004512 frs-bus:Director2 2023-05-01 2024-04-30 06004512 frs-bus:Director3 2023-05-01 2024-04-30 06004512 frs-bus:Director4 2023-05-01 2024-04-30 06004512 frs-bus:Director5 2023-05-01 2024-04-30 06004512 frs-countries:EnglandWales 2023-05-01 2024-04-30 06004512 2022-04-30 06004512 2023-04-30 06004512 2022-05-01 2023-04-30 06004512 frs-core:CurrentFinancialInstruments 2023-04-30 06004512 frs-core:Non-currentFinancialInstruments 2023-04-30 06004512 frs-core:BetweenOneFiveYears 2023-04-30 06004512 frs-core:WithinOneYear 2023-04-30 06004512 frs-core:CapitalRedemptionReserve 2023-04-30 06004512 frs-core:SharePremium 2023-04-30 06004512 frs-core:ShareCapital 2023-04-30 06004512 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 06004512
Blue Communication Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06004512
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,165 20,348
Investments 5 364,978 360,589
389,143 380,937
CURRENT ASSETS
Debtors 6 615,597 587,844
Cash at bank and in hand 250,854 381,350
866,451 969,194
Creditors: Amounts Falling Due Within One Year 7 (823,020 ) (1,290,501 )
NET CURRENT ASSETS (LIABILITIES) 43,431 (321,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES 432,574 59,630
Creditors: Amounts Falling Due After More Than One Year 8 - (2,654 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,041 ) (3,875 )
NET ASSETS 426,533 53,101
CAPITAL AND RESERVES
Called up share capital 1,097 1,097
Share premium account 243,985 243,985
Capital redemption reserve 29 29
Profit and Loss Account 181,422 (192,010 )
SHAREHOLDERS' FUNDS 426,533 53,101
Page 1
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For the year ending 30 April 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alisdair Pettigrew
Director
31 January 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Blue Communication Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 06004512 . The registered office is The Quad Summertown, Lambourne House, 311-321 Banbury Road, Oxford, OX2 7JH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment 25% on Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. 
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.5. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
2.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Investments
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in unlisted company shares, whose market value can be reliably determined are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the profit and loss for the period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2023: 35)
39 35
4. Tangible Assets
Office equipment
£
Cost
As at 1 May 2023 89,327
Additions 15,055
As at 30 April 2024 104,382
Depreciation
As at 1 May 2023 68,979
Provided during the period 11,238
As at 30 April 2024 80,217
Net Book Value
As at 30 April 2024 24,165
As at 1 May 2023 20,348
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5. Investments
Listed Unlisted Other Total
£ £ £ £
Cost
As at 1 May 2023 3,466 92,167 264,956 360,589
Additions - - 1,000 1,000
Disposals - (1,000 ) - (1,000 )
Revaluations 4,389 - - 4,389
As at 30 April 2024 7,855 91,167 265,956 364,978
Provision
As at 1 May 2023 - - - -
As at 30 April 2024 - - - -
Net Book Value
As at 30 April 2024 7,855 91,167 265,956 364,978
As at 1 May 2023 3,466 92,167 264,956 360,589
Blue Communication (Inspire) Ltd
The company holds 100% of the share capital in Blue Communication (Inspire) Ltd.
Profit for the year: £(10,187)
Capital and reserves: £1,353
Blue Communication PTE Ltd
The company holds 100% of the share capital in Blue Communication PTE Ltd.
Profit for the year: Dormant
Capital and reserves: £62,876
Blue Defence and Security Limited
The company holds 75% of the share capital in Blue Defence and Security Limited.
Profit for the year: Dormant
Capital and reserves: £10
Blue Insight Limited
The company holds 100% of the share capital in Cogent Communication & Consulting Limited.
Profit for the year: Dormant
Capital and reserves: £1,000
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 486,621 439,373
Other debtors 128,976 148,471
615,597 587,844
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 79,197 173,404
Bank loans and overdrafts 2,654 30,933
Amounts owed to group undertakings 117,932 498,936
Other creditors 18,474 95,832
Taxation and social security 604,763 491,396
823,020 1,290,501
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 2,654
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 67,264 53,500
Later than one year and not later than five years 33,049 13,375
100,313 66,875
10. Directors Advances, Credits and Guarantees
Included within debtors are loans made to a director of £5,000 (2023: £nil).
The above loan is unsecured, interest free and repayable on demand.
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