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REGISTERED NUMBER: 04510335 (England and Wales)















Audited Financial Statements

for the Year Ended 31 December 2024

for

BLUE JELLY LIMITED

BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLUE JELLY LIMITED

Company Information
for the year ended 31 December 2024







Directors: S W Colman
P D Horne
K A Horne
T Ward
K J Ward
J Odey
M Bradburn
R L Saunders





Secretary: K A Horne





Registered office: The Courtyard
38 Alexandra Road
Windsor
Berkshire
SL4 1HU





Registered number: 04510335 (England and Wales)





Auditors: Cooper Parry Group Limited
Statutory Auditor
Aissela
46 High Street
Esher
Surrey
KT10 9QY

BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 47,802 75,011

Current assets
Debtors 5 4,553,677 2,699,747
Cash at bank and in hand 2,897,405 796,757
7,451,082 3,496,504
Creditors
Amounts falling due within one year 6 5,884,067 2,581,939
Net current assets 1,567,015 914,565
Total assets less current liabilities 1,614,817 989,576

Provisions for liabilities 11,831 18,606
Net assets 1,602,986 970,970

Capital and reserves
Called up share capital 8 110 110
Share premium 111,201 111,201
Retained earnings 1,491,675 859,659
Shareholders' funds 1,602,986 970,970

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:




P D Horne - Director K J Ward - Director




J Odey - Director


BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Blue Jelly 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's functional and presentational currency is GBP.

Going Concern
The company's forecasts and projections, taking account of reasonably foreseeable changes in trading performance, show that the company should be able to meet its obligations as they fall due.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Amounts recoverable on contracts (AROC) are inherently risky as the amounts are open to judgement and can therefore result in misstatement. This impacts directly on both the Statement of Comprehensive Income and Income Statement and the Balance Sheet. Misstatement could potentially occur in debtors (AROC) and therefore sales, as well as in creditors (cost of sales accrual) and therefore cost of sales.

Turnover
Amounts recoverable on long term contracts have been valued by the directors at net cost plus attributable profit earned to date less foreseeable losses less any applicable payments on account. Attributable profit is recognised as the difference between recorded turnover and related costs. The amount recorded as turnover in respect of long term contracts is ascertained by reference to the value of work carried out to date and consists of material, subcontracted work and direct labour costs. Turnover is stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years
Plant and machinery - 33% on cost, 25% on reducing balance and 15% on cost
Motor vehicles - 25% on cost

BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued

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 and 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. Employees and directors

The average number of employees during the year was 31 (2023 - 28 ) .

BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. Tangible fixed assets
Improvements Plant and Motor
to property machinery vehicles Totals
£ £ £ £
Cost
At 1 January 2024 24,518 223,644 58,090 306,252
Additions - 12,861 - 12,861
At 31 December 2024 24,518 236,505 58,090 319,113
Depreciation
At 1 January 2024 16,787 187,829 26,625 231,241
Charge for year 1,220 24,328 14,522 40,070
At 31 December 2024 18,007 212,157 41,147 271,311
Net book value
At 31 December 2024 6,511 24,348 16,943 47,802
At 31 December 2023 7,731 35,815 31,465 75,011

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 3,190,716 1,951,509
Amounts recoverable on
contracts 1,302,241 689,076
Prepayments 60,720 59,162
4,553,677 2,699,747

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 1,140,621 508,658
Tax 359,587 282,478
Social security and other taxes 85,827 88
VAT 773,957 342,920
Other creditors 2,226,729 1,059,751
Accruals and deferred income 1,297,346 388,044
5,884,067 2,581,939

7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 24,092 64,244
Between one and five years - 24,092
24,092 88,336

BLUE JELLY LIMITED (REGISTERED NUMBER: 04510335)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
90,000 A Ordinary 0.1p 90 90
19,755 B Ordinary 0.1p 20 20
110 110

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Paul Hodgett FCA BA (Hons) (Senior Statutory Auditor)
for and on behalf of Cooper Parry Group Limited

10. Related party disclosures

During the year, total dividends of £400,000 (2023 - £689,019) were paid to the directors.