Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Simon John Gay 07/09/2016 Iain Mark Withers 07/09/2016 Joanne Olivia Withers 21/10/2024 09 May 2025 The principal activity of the Company during the financial year was that of a holding company. 10364290 2025-03-31 10364290 bus:Director1 2025-03-31 10364290 bus:Director2 2025-03-31 10364290 bus:Director3 2025-03-31 10364290 core:CurrentFinancialInstruments 2025-03-31 10364290 core:CurrentFinancialInstruments 2024-03-31 10364290 2024-03-31 10364290 core:ShareCapital 2025-03-31 10364290 core:ShareCapital 2024-03-31 10364290 core:RetainedEarningsAccumulatedLosses 2025-03-31 10364290 core:RetainedEarningsAccumulatedLosses 2024-03-31 10364290 bus:OrdinaryShareClass1 2025-03-31 10364290 bus:OrdinaryShareClass2 2025-03-31 10364290 2024-04-01 2025-03-31 10364290 bus:FilletedAccounts 2024-04-01 2025-03-31 10364290 bus:SmallEntities 2024-04-01 2025-03-31 10364290 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10364290 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10364290 bus:Director1 2024-04-01 2025-03-31 10364290 bus:Director2 2024-04-01 2025-03-31 10364290 bus:Director3 2024-04-01 2025-03-31 10364290 2023-04-01 2024-03-31 10364290 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10364290 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 10364290 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10364290 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10364290 (England and Wales)

BLUESYS LTD

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

BLUESYS LTD

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

BLUESYS LTD

COMPANY INFORMATION

For the financial year ended 31 March 2025
BLUESYS LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025
DIRECTORS Simon John Gay
Iain Mark Withers
Joanne Olivia Withers (Appointed 21 October 2024)
REGISTERED OFFICE Unit H1
Risby Business Park Newmarket Road
Risby
Bury St Edmunds
IP28 6RD
United Kingdom
COMPANY NUMBER 10364290 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
BLUESYS LTD

BALANCE SHEET

As at 31 March 2025
BLUESYS LTD

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Current assets
Debtors 3 102,278 62,059
Investments 633,940 633,940
Cash at bank and in hand 299,674 336,968
1,035,892 1,032,967
Creditors: amounts falling due within one year 4 ( 4,303) ( 7,077)
Net current assets 1,031,589 1,025,890
Total assets less current liabilities 1,031,589 1,025,890
Net assets 1,031,589 1,025,890
Capital and reserves
Called-up share capital 5 100 100
Profit and loss account 1,031,489 1,025,790
Total shareholders' funds 1,031,589 1,025,890

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Bluesys Ltd (registered number: 10364290) were approved and authorised for issue by the Board of Directors on 09 May 2025. They were signed on its behalf by:

Iain Mark Withers
Director
BLUESYS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
BLUESYS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bluesys Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit H1, Risby Business Park Newmarket Road, Risby, Bury St Edmunds, IP28 6RD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 2

3. Debtors

2025 2024
£ £
Amounts owed by own subsidiaries 102,278 62,059

4. Creditors: amounts falling due within one year

2025 2024
£ £
Taxation and social security 1,337 4,440
Other creditors 2,966 2,637
4,303 7,077

5. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
50 Ordinary A shares of £ 1.00 each 50 50
50 Ordinary B shares of £ 1.00 each 50 50
100 100

6. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2025 2024
£ £
Bluesys IT Services Ltd 102,278 62,059