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REGISTERED NUMBER: 10498148 (England and Wales)















DEEPBLUE LOGISTICS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025






DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEEPBLUE LOGISTICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: D Cole
M Warren





REGISTERED OFFICE: Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL





REGISTERED NUMBER: 10498148 (England and Wales)





ACCOUNTANTS: Sephton & Company LLP
Chartered Certified Accountants
Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL

DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

BALANCE SHEET
30 APRIL 2025

30/4/25 30/4/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 54,233 46,670

CURRENT ASSETS
Debtors 5 596,574 517,586
Cash at bank 281,201 287,642
877,775 805,228
CREDITORS
Amounts falling due within one year 6 590,956 400,139
NET CURRENT ASSETS 286,819 405,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,052

451,759

CREDITORS
Amounts falling due after more than one
year

7

125,000

-
NET ASSETS 216,052 451,759

CAPITAL AND RESERVES
Called up share capital 55 105
Capital redemption reserve 50 -
Retained earnings 215,947 451,654
SHAREHOLDERS' FUNDS 216,052 451,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

BALANCE SHEET - continued
30 APRIL 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





D Cole - Director


DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025


1. STATUTORY INFORMATION

Deepblue Logistics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Revenue is recognised when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 15% on cost
Computer equipment (server only) - 50% on cost
Fixtures and fittings - 15%

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2024 55,588 27,993 83,581
Additions 5,336 13,328 18,664
At 30 April 2025 60,924 41,321 102,245
DEPRECIATION
At 1 May 2024 17,328 19,583 36,911
Charge for year 6,525 4,576 11,101
At 30 April 2025 23,853 24,159 48,012
NET BOOK VALUE
At 30 April 2025 37,071 17,162 54,233
At 30 April 2024 38,260 8,410 46,670

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Trade debtors 507,022 455,893
Other debtors 89,552 61,693
596,574 517,586

DEEPBLUE LOGISTICS LTD (REGISTERED NUMBER: 10498148)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Bank loans and overdrafts 83,333 -
Trade creditors 365,501 301,829
Taxation and social security 113,740 69,065
Other creditors 28,382 29,245
590,956 400,139

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/25 30/4/24
£    £   
Bank loans 125,000 -

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/4/25 30/4/24
£    £   
Within one year 43,280 47,428
Between one and five years 97,166 131,995
In more than five years - 9,167
140,446 188,590