Company Registration No. 08289607 (England and Wales)
BluMarble Capital Limited
Unaudited accounts
for the year ended 31 July 2024
BluMarble Capital Limited
Unaudited accounts
Contents
BluMarble Capital Limited
Company Information
for the year ended 31 July 2024
Directors
S P Wilson
M E Henson
Company Number
08289607 (England and Wales)
Registered Office
FIRST FLOOR
39 HIGH STREET
BILLERICAY
ESSEX
CM12 9BA
Accountants
LTG Accountants Limited
39A High Street
Billericay
Essex
CM12 9BA
BluMarble Capital Limited
Statement of financial position
as at 31 July 2024
Tangible assets
96,230
120,443
Investments
100,000
100,000
Debtors
9,545,000
11,115,000
Cash at bank and in hand
2,918,734
2,115,386
Creditors: amounts falling due within one year
(2,224,015)
(2,441,128)
Net current assets
10,239,719
10,789,258
Total assets less current liabilities
10,435,949
11,009,701
Creditors: amounts falling due after more than one year
-
(9,161)
Provisions for liabilities
Other provisions
-
(571,047)
Net assets
10,421,434
10,429,493
Called up share capital
313
200
Profit and loss account
10,421,121
10,429,293
Shareholders' funds
10,421,434
10,429,493
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by
M E Henson
Director
Company Registration No. 08289607
BluMarble Capital Limited
Notes to the Accounts
for the year ended 31 July 2024
BluMarble Capital Limited is a private company, limited by shares, registered in England and Wales, registration number 08289607. The registered office is FIRST FLOOR, 39 HIGH STREET, BILLERICAY, ESSEX, CM12 9BA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
19,053
187,912
206,965
At 31 July 2024
19,053
187,912
206,965
At 1 August 2023
16,565
69,957
86,522
Charge for the year
622
23,591
24,213
At 31 July 2024
17,187
93,548
110,735
At 31 July 2024
1,866
94,364
96,230
At 31 July 2023
2,488
117,955
120,443
5
Investments
Other investments
Valuation at 1 August 2023
100,000
Valuation at 31 July 2024
100,000
BluMarble Capital Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
9,545,000
11,115,000
7
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,019,000
969,000
Taxes and social security
27,998
-
Loans from directors
9,815
17,696
Accruals
1,161,903
1,454,432
8
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
9,161
9
Provisions for liabilities
£
Decrease in existing provisions
(571,047)
The Company entered into a cross company indemnity ,in respect to a related party Blumarble Property Ltd, for up to a maximum sum of £5,710,47 the indemnity will cover a period of 2 years from the date of completion of all properties listed in the indemnity document. A provision has been made at the rate of 10% of the total indemnity and this was released in this accounting period.
10
Transactions with related parties
As at the balance sheet date, there were directors current account balances owed to the directors totalling £9,815 (2023 £17,696)
As at the balance sheet date the company owed amounts to the following companies which are all related parties wih common directos and shareholders
Decorant Limited £519,000 (2023 : £469,000)
Green Shade Ltd £500,000 (2023: £500,000)
As at the balance sheet date the company was owed amounts by the following companies which are all related parties wih common directors and shareholders
BluMarble Property Ltd £8,540,000 (2023 : £10,110,000)
The Coach House Limited £790,000 (2023 : £790,000)
Decorant Property Limited £215,000 (2023 - 215,000)
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).