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COMPANY REGISTRATION NUMBER: SC522153
BLUEFIN SUBSEA LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2024
BLUEFIN SUBSEA LTD
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Contents
Page
Officers and professional advisers
1
Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements
2
Statement of financial position and the notes to the financial statements
3
BLUEFIN SUBSEA LTD
OFFICERS AND PROFESSIONAL ADVISERS
The board of directors
Mr R J Morrison
Miss J M Mathers
Registered office
28 Fife Avenue
Keith
Moray
AB55 5FY
Accountants
Ritsons
Chartered Accountants
26-30 Marine Place
Buckie
Moray
AB56 1UT
BLUEFIN SUBSEA LTD
CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BLUEFIN SUBSEA LTD
YEAR ENDED 31 DECEMBER 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bluefin Subsea Ltd for the year ended 31 December 2024, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Bluefin Subsea Ltd, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Bluefin Subsea Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bluefin Subsea Ltd and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Bluefin Subsea Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bluefin Subsea Ltd. You consider that Bluefin Subsea Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Bluefin Subsea Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ritsons Chartered Accountants
26-30 Marine Place Buckie Moray AB56 1UT
29 March 2025
BLUEFIN SUBSEA LTD
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
£
£
Fixed assets
53,957
57,171
--------
--------
Current assets
25,758
56,173
Prepayments and accrued income
867
858
--------
--------
26,625
57,031
Creditors: amounts falling due within one year
26,826
18,893
--------
--------
NET CURRENT (LIABILITIES)/ASSETS
( 201)
38,138
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
53,756
95,309
Creditors: amounts falling due after more than one year
27,104
37,946
Accruals and deferred income
700
700
--------
--------
25,952
56,663
--------
--------
Capital and reserves
25,952
56,663
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors' advances, credits and guarantees
At 31 December 2024, the company owed the directors £5 (2023 the directors owed the company £21,695) by way of a director's loan. During the year the company paid dividends of £74,800 (2023: £62,300) to the directors.
For the year ending 31 December 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 .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 29 March 2025 , and are signed on behalf of the board by:
Mr R J Morrison
Director
Company registration number: SC522153
The company is a private company limited by shares, registered in Scotland.