Blue Structural Engineering LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC366872 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Blue Structural Engineering LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J Skjold Nevin

Mrs N Nevin

REGISTERED OFFICE:

940 Green Lanes

London

N21 2AD

REGISTERED NUMBER:

OC366872 (England and Wales)

ACCOUNTANTS:

Graeme Bruce & Partners LLP

940 Green Lanes

London

N21 2AD

FIXED ASSETS

Tangible assets

4

24,350

30,437

CURRENT ASSETS

Stocks

5,000

30,000

Debtors

5

316,414

310,110

Cash at bank

31,249

16,781

352,663

356,891

CREDITORS

Amounts falling due within one year

6

230,855

192,812

NET CURRENT ASSETS

121,808

164,079

TOTAL ASSETS LESS CURRENT
LIABILITIES

146,158

194,516

CREDITORS

Amounts falling due after more than one
year

7

101,332

149,690

NET ASSETS ATTRIBUTABLE TO
MEMBERS

44,826

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

44,826

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

44,826

Amounts due from members

5

(61,524

)

(103,644

)

(16,698

)

(58,818

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26 August 2025 and were signed by:

J Skjold Nevin - Designated member

1.	STATUTORY INFORMATION

Blue Structural Engineering LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 15 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

125,987

DEPRECIATION

At 1 April 2024

95,550

Charge for year

6,087

At 31 March 2025

101,637

NET BOOK VALUE

At 31 March 2025

24,350

At 31 March 2024

30,437

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

100,382

101,958

Other debtors

216,032

208,152

316,414

310,110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

49,104

Trade creditors

5,000

Taxation and social security

61,527

52,013

Other creditors

115,224

86,695

230,855

192,812

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

101,332

149,690

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members, rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'members' other interests.