BLUEFIN TALENT LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08730041

BLUEFIN TALENT LIMITED

Filleted Unaudited Financial Statements

31 December 2024

BLUEFIN TALENT LIMITED

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		7,970	7,698

Current assets

Debtors	6	17,177	7,130
Cash at bank and in hand		204,292	1,081,167
		---------	------------
		221,469	1,088,297

Creditors: amounts falling due within one year	7	168,591		692,656
		---------		------------
Net current assets			52,878	395,641
			--------	---------
Total assets less current liabilities			60,848	403,339

Provisions

Taxation including deferred tax	1,993	1,925
	--------	---------
Net assets	58,855	401,414
	--------	---------

BLUEFIN TALENT LIMITED

Statement of Financial Position (continued)

31 December 2024

	2024		2023
Note	£	£	£

Capital and reserves

Called up share capital	1	1
Profit and loss account	58,854	401,413
	--------	---------
Shareholders funds	58,855	401,414
	--------	---------

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 income and retained earnings has not been delivered.

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.

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 .

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mr M Chhapia
Director

Company registration number: 08730041

BLUEFIN TALENT LIMITED

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Beton By Spacemade, 23 Goswell Road, London, EC1M 7AJ, England.

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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Fixtures and fittings	-	20% reducing balance
Equipments	-	20% reducing balance

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2023: 11 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 January 2024	7,445	17,580	25,025
Additions	–	2,264	2,264
	-------	--------	--------
At 31 December 2024	7,445	19,844	27,289
	-------	--------	--------
Depreciation
At 1 January 2024	6,139	11,188	17,327
Charge for the year	261	1,731	1,992
	-------	--------	--------
At 31 December 2024	6,400	12,919	19,319
	-------	--------	--------
Carrying amount
At 31 December 2024	1,045	6,925	7,970
	-------	--------	--------
At 31 December 2023	1,306	6,392	7,698
	-------	--------	--------

6. Debtors

	2024	2023
	£	£
Other debtors	17,177	7,130
	--------	-------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	140,086	570,571
Corporation tax	–	20,166
Social security and other taxes	16,969	16,286
Other creditors	11,536	85,633
	---------	---------
	168,591	692,656
	---------	---------

8. Controlling party

The parent undertaking is TANDEM HOLDINGS LIMITED which is incorporated in The United Arab Emirates and the address of the registered office is Unit GV-00-10-07 of 02 Level 7, Gate Village Building, DIFC, Dubai, UAE.