Company Registration No. 07872325 (England and Wales)
Blu Connection Ltd
Unaudited accounts
for the year ended 31 December 2024
Blu Connection Ltd
Unaudited accounts
Contents
Blu Connection Ltd
Company Information
for the year ended 31 December 2024
Directors
David Westhead
Olga Westhead
Company Number
07872325 (England and Wales)
Registered Office
ASHLEY COURT 32 MAIN STREET
ASHLEY
MARKET HARBOROUGH
LEICESTERSHIRE
LE16 8HF
UNITED KINGDOM
Accountants
Master Accounting Limited
The Stables, Ashley Court
32 Main Street, Ashley
Market Harborough
Leicestershire
LE16 8HF
Blu Connection Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
22,953
18,678
Cash at bank and in hand
37,280
3,752
Creditors: amounts falling due within one year
(47,065)
(42,588)
Net current liabilities
(6,882)
(36,467)
Net assets/(liabilities)
16,071
(17,789)
Called up share capital
10
10
Profit and loss account
16,061
(17,799)
Shareholders' funds
16,071
(17,789)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by
David Westhead
Director
Company Registration No. 07872325
Blu Connection Ltd
Notes to the Accounts
for the year ended 31 December 2024
Blu Connection Ltd is a private company, limited by shares, registered in England and Wales, registration number 07872325. The registered office is ASHLEY COURT 32 MAIN STREET, ASHLEY, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 8HF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
15,805
398
10,818
27,021
Additions
8,911
1,081
-
9,992
At 31 December 2024
24,716
1,479
10,818
37,013
At 1 January 2024
1,919
60
6,364
8,343
Charge for the year
3,543
79
2,095
5,717
At 31 December 2024
5,462
139
8,459
14,060
At 31 December 2024
19,254
1,340
2,359
22,953
At 31 December 2023
13,886
338
4,454
18,678
Blu Connection Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
46,571
42,324
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).