Company Registration No. 10908716 (England and Wales)
BLUEWATER GROUP EUROPE LTD
Unaudited accounts
for the year ended 31 August 2024
BLUEWATER GROUP EUROPE LTD
Unaudited accounts
Contents
BLUEWATER GROUP EUROPE LTD
Company Information
for the year ended 31 August 2024
Directors
ASAD WAHID
ABDUL WAHID
Company Number
10908716 (England and Wales)
Registered Office
30 FRITHWOOD AVENUE
NORTHWOOD
MIDDLESEX
HA6 3LU
ENGLAND
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
BLUEWATER GROUP EUROPE LTD
Statement of financial position
as at 31 August 2024
Tangible assets
2,591
2,879
Inventories
362,814
218,466
Cash at bank and in hand
262,208
241,714
Creditors: amounts falling due within one year
(604,402)
(472,382)
Net current assets
52,822
45,482
Total assets less current liabilities
55,413
48,361
Creditors: amounts falling due after more than one year
(17,500)
(27,500)
Called up share capital
2
2
Profit and loss account
37,911
20,859
Shareholders' funds
37,913
20,861
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. 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 24 May 2025 and were signed on its behalf by
ASAD WAHID
Director
Company Registration No. 10908716
BLUEWATER GROUP EUROPE LTD
Notes to the Accounts
for the year ended 31 August 2024
BLUEWATER GROUP EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 10908716. The registered office is 30 FRITHWOOD AVENUE, NORTHWOOD, MIDDLESEX, HA6 3LU, ENGLAND.
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:
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
-
38,111
Other debtors
28,567
18,703
BLUEWATER GROUP EUROPE LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
415,118
247,719
Taxes and social security
31,956
41,940
Other creditors
70,072
47,035
Loans from directors
21,548
82,465
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 81 (2023: 91).