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Company Registration No. 06233796 (England and Wales)
Bluechip Financial Ltd Unaudited accounts for the year ended 31 March 2025
Bluechip Financial Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bluechip Financial Ltd Company Information for the year ended 31 March 2025
Directors
N P Roberts S E Davis
Company Number
06233796 (England and Wales)
Registered Office
46,Springdale Avenue Broadstone Dorset BH18 9EU
Accountants
Peats Chartered Accountants Alum House, Discovery Court 551-553 Wallisdown Road Poole BH12 5AG
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Bluechip Financial Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
34,341
30,388
Tangible assets
5
5,713
4,813
40,054
35,201
Current assets
Cash at bank and in hand
801,402
425,373
Creditors: amounts falling due within one year
6
(110,839)
(30,974)
Net current assets
690,563
394,399
Net assets
730,617
429,600
Capital and reserves
Called up share capital
7
100
100
Capital redemption reserve
100
100
Profit and loss account
730,417
429,400
Shareholders' funds
730,617
429,600
For the 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. 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 23 May 2025 and were signed on its behalf by
N P Roberts Director Company Registration No. 06233796
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Bluechip Financial Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Bluechip Financial Ltd is a private company, limited by shares, registered in England and Wales, registration number 06233796. The registered office is 46,Springdale Avenue, Broadstone, Dorset , BH18 9EU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of commissions and broker fees earned during the year net of VAT.
Tangible fixed assets policy
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
Computer equipment
25% reducing balance
Intangible Fixed Assets
Leasehold improvements are amortised at rates calculated to write off the assets on a straight line basis over the duration of the lease.
Pension costs
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Bluechip Financial Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
55,246
Additions
7,068
At 31 March 2025
62,314
Amortisation
At 1 April 2024
24,858
Charge for the year
3,115
At 31 March 2025
27,973
Net book value
At 31 March 2025
34,341
At 31 March 2024
30,388
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
4,904
29,542
34,446
Additions
-
2,805
2,805
At 31 March 2025
4,904
32,347
37,251
Depreciation
At 1 April 2024
4,429
25,204
29,633
Charge for the year
119
1,786
1,905
At 31 March 2025
4,548
26,990
31,538
Net book value
At 31 March 2025
356
5,357
5,713
At 31 March 2024
475
4,338
4,813
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
110,089
30,224
Accruals
750
750
110,839
30,974
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 6 (2024: 8).
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