2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-01 Sage Accounts Production Advanced 2023 - FRS102_2023 301,021 301,021 301,021 301,021 xbrli:pure xbrli:shares iso4217:GBP 07326514 2023-09-01 2024-08-31 07326514 2024-08-31 07326514 2023-08-31 07326514 2022-09-01 2023-08-31 07326514 2023-08-31 07326514 2022-08-31 07326514 core:FurnitureFittings 2023-09-01 2024-08-31 07326514 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 07326514 bus:OrdinaryShareClass2 2023-09-01 2024-08-31 07326514 bus:Director1 2023-09-01 2024-08-31 07326514 bus:Director2 2023-09-01 2024-08-31 07326514 core:WithinOneYear 2024-08-31 07326514 core:WithinOneYear 2023-08-31 07326514 core:FurnitureFittings 2023-08-31 07326514 core:FurnitureFittings 2024-08-31 07326514 core:ShareCapital 2024-08-31 07326514 core:ShareCapital 2023-08-31 07326514 core:RetainedEarningsAccumulatedLosses 2024-08-31 07326514 core:RetainedEarningsAccumulatedLosses 2023-08-31 07326514 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 07326514 core:ImpairmentLossProvisionsForImpairmentInvestments core:Non-currentFinancialInstruments 2024-08-31 07326514 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-08-31 07326514 core:Non-currentFinancialInstruments 2023-08-31 07326514 core:FurnitureFittings 2023-08-31 07326514 bus:SmallEntities 2023-09-01 2024-08-31 07326514 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07326514 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07326514 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07326514 bus:FullAccounts 2023-09-01 2024-08-31 07326514 bus:OrdinaryShareClass1 2024-08-31 07326514 bus:OrdinaryShareClass1 2023-08-31 07326514 bus:OrdinaryShareClass2 2024-08-31 07326514 bus:OrdinaryShareClass2 2023-08-31 07326514 bus:AllOrdinaryShares 2024-08-31 07326514 bus:AllOrdinaryShares 2023-08-31 07326514 core:OfficeEquipment 2023-09-01 2024-08-31 07326514 core:OfficeEquipment 2023-08-31 07326514 core:OfficeEquipment 2024-08-31
COMPANY REGISTRATION NUMBER: 07326514
Preciousbluedot Limited
Filleted Unaudited Financial Statements
For the year ended
31 August 2024
Preciousbluedot Limited
Statement of Financial Position
31 August 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
4
12,979
14,781
Investments
5
301,021
--------
---------
12,979
315,802
Current assets
Debtors
6
3,080
55,721
Cash at bank and in hand
603,144
683,859
---------
---------
606,224
739,580
Creditors: amounts falling due within one year
7
5,016
18,880
---------
---------
Net current assets
601,208
720,700
---------
------------
Total assets less current liabilities
614,187
1,036,502
Provisions
Deferred taxation
2,808
---------
------------
Net assets
614,187
1,033,694
---------
------------
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
614,185
1,033,692
---------
------------
Shareholders funds
614,187
1,033,694
---------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Preciousbluedot Limited
Statement of Financial Position (continued)
31 August 2024
These financial statements were approved by the board of directors and authorised for issue on 28 February 2025 , and are signed on behalf of the board by:
Mr M Betteridge
Mr L Musgrave
Director
Director
Company registration number: 07326514
Preciousbluedot Limited
Accounting Policies
Year ended 31 August 2024
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less, tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% reducing balance
Equipment
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Preciousbluedot Limited
Notes to the Financial Statements
Year ended 31 August 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Rawdon House, Rawdon Terrace, Ashby de la Zouch, Leicestershire, LE65 2GN. The place of business is The Old Bank, Kilwardby Street, Ashby de la Zouch, Leicestershire, LE65 2FR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 3 ).
4. Tangible assets
Fixtures and fittings
Equipment
Total
£
£
£
Cost
At 1 September 2023
10,927
94,391
105,318
Additions
2,525
2,525
--------
--------
---------
At 31 August 2024
10,927
96,916
107,843
--------
--------
---------
Depreciation
At 1 September 2023
10,213
80,324
90,537
Charge for the year
179
4,148
4,327
--------
--------
---------
At 31 August 2024
10,392
84,472
94,864
--------
--------
---------
Carrying amount
At 31 August 2024
535
12,444
12,979
--------
--------
---------
At 31 August 2023
714
14,067
14,781
--------
--------
---------
5. Investments
Software Stuntmen Limited
£
Cost
At 1 September 2023 and 31 August 2024
301,021
---------
Impairment
At 1 September 2023
Impairment losses
301,021
---------
At 31 August 2024
301,021
---------
Carrying amount
At 31 August 2024
---------
At 31 August 2023
301,021
---------
6. Debtors
2024
2023
£
£
Corporation tax repayable
47,774
Directors loan account
1,155
7,262
Other debtors
1,925
685
-------
--------
3,080
55,721
-------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
2,384
Accruals and deferred income
3,975
13,161
Social security and other taxes
109
Other creditors
1,041
3,226
-------
--------
5,016
18,880
-------
--------
8. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary A shares of £ 1 each
1
1
1
1
Ordinary B shares of £ 1 each
1
1
1
1
----
----
----
----
2
2
2
2
----
----
----
----
9. Directors' advances, credits and guarantees
The company had the following transactions with its directors during the year:
2024 2023
£ £
Balance, beginning of year 7,262 2,165
Repayments by the director (21,899) (2,700)
Advances to the director 15,792 7,797
-------- -------
Balance, end of year 1,155 7,262
-------- -------
This loan is unsecured, free of interest and repayable on demand.