Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312025-05-302true2024-04-01falseNo description of principal activity2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12444895 2024-04-01 2025-03-31 12444895 2023-04-01 2024-03-31 12444895 2025-03-31 12444895 2024-03-31 12444895 c:Director1 2024-04-01 2025-03-31 12444895 d:OfficeEquipment 2024-04-01 2025-03-31 12444895 d:OfficeEquipment 2025-03-31 12444895 d:OfficeEquipment 2024-03-31 12444895 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12444895 d:ComputerEquipment 2024-04-01 2025-03-31 12444895 d:ComputerEquipment 2025-03-31 12444895 d:ComputerEquipment 2024-03-31 12444895 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12444895 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12444895 d:CurrentFinancialInstruments 2025-03-31 12444895 d:CurrentFinancialInstruments 2024-03-31 12444895 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12444895 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12444895 d:ShareCapital 2025-03-31 12444895 d:ShareCapital 2024-03-31 12444895 d:RetainedEarningsAccumulatedLosses 2025-03-31 12444895 d:RetainedEarningsAccumulatedLosses 2024-03-31 12444895 c:FRS102 2024-04-01 2025-03-31 12444895 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12444895 c:FullAccounts 2024-04-01 2025-03-31 12444895 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12444895 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Registered number: 12444895



 
BLUE HUSKY LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025













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BLUE HUSKY LTD
REGISTERED NUMBER:12444895

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,609
1,537

  
1,609
1,537

Current assets
  

Debtors: amounts falling due within one year
 5 
7,032
11,183

Cash at bank and in hand
 6 
12,840
11,399

  
19,872
22,582

Creditors: amounts falling due within one year
 7 
(21,347)
(18,481)

Net current (liabilities)/assets
  
 
 
(1,475)
 
 
4,101

Total assets less current liabilities
  
134
5,638

  

Net assets
  
134
5,638


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
130
5,634

  
134
5,638


Page 1

 
BLUE HUSKY LTD
REGISTERED NUMBER:12444895
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 May 2025.




S Wallace
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Blue Husky Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 12444895. The registered office is Courtenay House, Pynes Hill, Exeter, England, EX2 5AZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director confirms that, having considered their expectations and intentions for the next twelve months, and the availability of working capital, the company is a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
5 years straight line
Computer equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Page 5

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.9
Financial instruments (continued)


Financial liabilities

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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 6

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
-
3,437
3,437


Additions
266
688
954


Disposals
-
(340)
(340)



At 31 March 2025

266
3,785
4,051



Depreciation


At 1 April 2024
-
1,900
1,900


Charge for the year on owned assets
4
878
882


Disposals
-
(340)
(340)



At 31 March 2025

4
2,438
2,442



Net book value



At 31 March 2025
262
1,347
1,609



At 31 March 2024
-
1,537
1,537

Page 7

 
BLUE HUSKY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Debtors

2025
2024
£
£


Trade debtors
6,295
11,037

Other debtors
387
-

Prepayments and accrued income
350
146

7,032
11,183



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
12,840
11,399

12,840
11,399



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
-
2,154

Other taxation and social security
3,705
3,068

Other creditors
16,642
12,284

Accruals and deferred income
1,000
975

21,347
18,481


 
Page 8