Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10404804 Mr Tawanda Jacobus iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10404804 2023-10-31 10404804 2024-10-31 10404804 2023-11-01 2024-10-31 10404804 frs-core:CurrentFinancialInstruments 2024-10-31 10404804 frs-core:MotorVehicles 2024-10-31 10404804 frs-core:MotorVehicles 2023-11-01 2024-10-31 10404804 frs-core:MotorVehicles 2023-10-31 10404804 frs-core:ShareCapital 2024-10-31 10404804 frs-core:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 10404804 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10404804 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10404804 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10404804 frs-bus:SmallEntities 2023-11-01 2024-10-31 10404804 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10404804 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10404804 frs-bus:Director1 2023-11-01 2024-10-31 10404804 frs-countries:EnglandWales 2023-11-01 2024-10-31 10404804 2022-10-31 10404804 2023-10-31 10404804 2022-11-01 2023-10-31 10404804 frs-core:CurrentFinancialInstruments 2023-10-31 10404804 frs-core:ShareCapital 2022-10-31 10404804 frs-core:ShareCapital 2023-10-31 10404804 frs-core:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 10404804 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-10-31 10404804 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10404804
Blu Logistics Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10404804
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,567 17,267
13,567 17,267
CURRENT ASSETS
Debtors 5 7,441 -
7,441 -
Creditors: Amounts Falling Due Within One Year 6 (31,154 ) (26,543 )
NET CURRENT ASSETS (LIABILITIES) (23,713 ) (26,543 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,146 ) (9,276 )
NET LIABILITIES (10,146 ) (9,276 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (10,147 ) (9,277 )
SHAREHOLDERS' FUNDS (10,146) (9,276)
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tawanda Jacobus
Director
30 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 November 2022 1 687 688
Loss for the year and total comprehensive income - (9,964 ) (9,964)
As at 31 October 2023 and 1 November 2023 1 (9,277 ) (9,276)
Loss for the year and total comprehensive income - (870 ) (870)
As at 31 October 2024 1 (10,147 ) (10,146)
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blu Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10404804 . The registered office is 232 Parsloes Avenue, Dagenham, London, Essex, RM9 5QB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles - straight line 5 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 November 2023 18,500
As at 31 October 2024 18,500
Depreciation
As at 1 November 2023 1,233
Provided during the period 3,700
As at 31 October 2024 4,933
Net Book Value
As at 31 October 2024 13,567
As at 1 November 2023 17,267
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,441 -
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,414 2,090
Bank loans and overdrafts 3,223 2,892
Corporation tax 3,705 3,705
Other taxes and social security 11,412 3,354
Other creditors 400 -
Director's loan account - 14,502
31,154 26,543
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4