Company registration number: SC426563
Unaudited financial statements
for the year ended 30 September 2024
for
Blue Sword Ltd
Pages for filing with the Registrar
Company registration number: SC426563
Blue Sword Ltd
Balance sheet
as at 30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 306 852
306 852
Current assets
Debtors 98,022 112,791
Cash at bank and in hand 751 1,736
98,773 114,527
Creditors: amounts falling due within one
year
(42,756) (44,372)
Net current assets 56,017 70,155
Total assets less current liabilities 56,323 71,007
Creditors: Amounts falling due after more
than one year
(23,793) (29,283)
NET ASSETS 32,530 41,724
Capital and reserves
Called up share capital 100 100
Profit and loss account 32,430 41,624
TOTAL EQUITY 32,530 41,724
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC426563
Blue Sword Ltd
Balance sheet - continued
as at 30 September 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 10 June 2025 and signed on its behalf by:
Mr R Sheriff, Director
10 June 2025
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Blue Sword Ltd
Notes to the financial statements
for the year ended 30 September 2024
1 Company information
Blue Sword Ltd is a private company registered in Scotland. Its registered number is SC426563. The company is limited by shares. Its registered office is 1 Cambuslang Court, Glasgow, G32 8FH.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 15% reducing balance
Computer equipment - 33% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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Blue Sword Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2023 - 3).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2023 2,720
At 30 September 2024 2,720
Depreciation
At 1 October 2023 1,868
Charge for year 546
At 30 September 2024 2,414
Net book value
At 30 September 2024 306
At 30 September 2023 852
5 Related party transactions
As at the balance sheet date, included in debtors due within one year is £78,267 (2023 : £82,926) due by Marketing SPV Ltd.

As at the balance sheet date, included in creditors due within one year is £4,040 (2023: £7,600 debit) due to In-Synergy Group Ltd and £24,466 (2023: £30,740) due to The Cube Lab Ltd, companies where the director has common control.
6 Controlling party
The controlling party is Mr R Sheriff.
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