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REGISTERED NUMBER: OC350511 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BLUEWARD LLP

BLUEWARD LLP (REGISTERED NUMBER: OC350511)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUEWARD LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DESIGNATED MEMBERS: P Arnold
Mrs S Arnold





REGISTERED OFFICE: Oakleigh
Sunnydale
Farnborough Park
ORPINGTON
Kent
BR6 8LY





REGISTERED NUMBER: OC350511 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

BLUEWARD LLP (REGISTERED NUMBER: OC350511)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 18,770 25,230

CURRENT ASSETS
Debtors 5 970,625 966,509
Cash at bank 9,211 3,645
979,836 970,154
CREDITORS
Amounts falling due within one year 6 (2,410 ) (2,410 )
NET CURRENT ASSETS 977,426 967,744
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 996,196 992,974

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

111,196

99,974

MEMBERS' OTHER INTERESTS
Capital accounts 885,000 893,000
996,196 992,974

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 111,196 99,974
Members' other interests 885,000 893,000
Amounts due from members 5 - (7,884 )
996,196 985,090

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

BLUEWARD LLP (REGISTERED NUMBER: OC350511)

BALANCE SHEET - continued
31 DECEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25 February 2025 and were signed by:





P Arnold - Designated member

BLUEWARD LLP (REGISTERED NUMBER: OC350511)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Blueward LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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

Turnover represents property development profits.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & equipment - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

3. EMPLOYEE INFORMATION

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

4. PROPERTY, PLANT AND EQUIPMENT
Furniture Motor Computer
& equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 7,052 114,642 2,487 124,181
Additions - - 421 421
Disposals (2,091 ) - - (2,091 )
At 31 December 2024 4,961 114,642 2,908 122,511
DEPRECIATION
At 1 January 2024 6,241 91,551 1,159 98,951
Charge for year 174 5,772 817 6,763
Eliminated on disposal (1,973 ) - - (1,973 )
At 31 December 2024 4,442 97,323 1,976 103,741
NET BOOK VALUE
At 31 December 2024 519 17,319 932 18,770
At 31 December 2023 811 23,091 1,328 25,230

BLUEWARD LLP (REGISTERED NUMBER: OC350511)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts due from members - 7,884
Other debtors 43,000 43,000
Prepayments and accrued income 85,625 65,625
Development capital 842,000 850,000
970,625 966,509

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 2,410 2,410

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with unsecured creditors. Members' other interests rank pari passu with unsecured creditors.