30 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07392785 2024-04-01 2025-03-31 07392785 2025-03-31 07392785 2024-03-31 07392785 2023-04-01 2024-03-31 07392785 2024-03-31 07392785 2023-03-31 07392785 core:PlantMachinery 2024-04-01 2025-03-31 07392785 core:FurnitureFittings 2024-04-01 2025-03-31 07392785 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07392785 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 07392785 bus:Director1 2024-04-01 2025-03-31 07392785 core:PlantMachinery 2024-03-31 07392785 core:FurnitureFittings 2024-03-31 07392785 core:PlantMachinery 2025-03-31 07392785 core:FurnitureFittings 2025-03-31 07392785 core:WithinOneYear 2025-03-31 07392785 core:WithinOneYear 2024-03-31 07392785 core:ShareCapital 2025-03-31 07392785 core:ShareCapital 2024-03-31 07392785 core:RetainedEarningsAccumulatedLosses 2025-03-31 07392785 core:RetainedEarningsAccumulatedLosses 2024-03-31 07392785 core:BetweenOneFiveYears 2025-03-31 07392785 core:BetweenOneFiveYears 2024-03-31 07392785 core:PlantMachinery 2024-03-31 07392785 core:FurnitureFittings 2024-03-31 07392785 bus:SmallEntities 2024-04-01 2025-03-31 07392785 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07392785 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07392785 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07392785 bus:FullAccounts 2024-04-01 2025-03-31 07392785 bus:OrdinaryShareClass1 2025-03-31 07392785 bus:OrdinaryShareClass1 2024-03-31 07392785 bus:OrdinaryShareClass2 2025-03-31 07392785 bus:AllOrdinaryShares 2025-03-31 07392785 bus:AllOrdinaryShares 2024-03-31 07392785 core:ComputerEquipment 2024-04-01 2025-03-31 07392785 core:ComputerEquipment 2024-03-31 07392785 core:ComputerEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 07392785
BLUE STEP SOLUTIONS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2025
BLUE STEP SOLUTIONS LIMITED
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
5
123,887
70,093
Current assets
Stocks
138,319
160,432
Debtors
6
920,830
694,056
Cash at bank and in hand
786,663
626,602
------------
------------
1,845,812
1,481,090
Creditors: amounts falling due within one year
7
1,213,059
1,032,880
------------
------------
Net current assets
632,753
448,210
---------
---------
Total assets less current liabilities
756,640
518,303
Provisions
30,917
17,442
---------
---------
Net assets
725,723
500,861
---------
---------
Capital and reserves
Called up share capital
8
100
1
Profit and loss account
725,623
500,860
---------
---------
Shareholders funds
725,723
500,861
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
BLUE STEP SOLUTIONS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:
Mr B Skinner
Director
Company registration number: 07392785
BLUE STEP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. General information
The company is a private company limited by shares, registered in England & wales. The address of the registered office is Tithe Barn, Stoke Road, Blisworth, Northants, NN7 3DB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance
Equipment
-
33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 30 (2024: 21 ).
5. Tangible assets
Plant and machinery
Fixtures and fittings
Equipment
Total
£
£
£
£
Cost
At 1 April 2024
7,739
38,552
67,474
113,765
Additions
44,370
17,667
33,084
95,121
Disposals
( 6,516)
( 6,516)
--------
--------
---------
---------
At 31 March 2025
52,109
49,703
100,558
202,370
--------
--------
---------
---------
Depreciation
At 1 April 2024
3,648
18,827
21,197
43,672
Charge for the year
1,830
8,952
24,157
34,939
Disposals
( 128)
( 128)
--------
--------
---------
---------
At 31 March 2025
5,478
27,651
45,354
78,483
--------
--------
---------
---------
Carrying amount
At 31 March 2025
46,631
22,052
55,204
123,887
--------
--------
---------
---------
At 31 March 2024
4,091
19,725
46,277
70,093
--------
--------
---------
---------
6. Debtors
2025
2024
£
£
Trade debtors
872,087
671,439
Other debtors
48,743
22,617
---------
---------
920,830
694,056
---------
---------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
20,386
Trade creditors
345,944
229,707
Corporation tax
232,277
203,092
Social security and other taxes
243,801
116,935
Other creditors
391,037
462,760
------------
------------
1,213,059
1,032,880
------------
------------
8. Called up share capital
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
95
95
1
1
Ordinary A shares of £ 1 each
5
5
----
----
----
----
100
100
1
1
----
----
----
----
9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025
2024
£
£
Not later than 1 year
58,540
37,830
Later than 1 year and not later than 5 years
38,825
39,482
--------
--------
97,365
77,312
--------
--------