Company Registration No. 08873070 (England and Wales)
Blue Horse I.T. Services Limited
Unaudited accounts
for the year ended 31 January 2025
Blue Horse I.T. Services Limited
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
20,721
3,095
Creditors: amounts falling due within one year
(282,314)
(155,041)
Net current assets
563,330
533,839
Total assets less current liabilities
565,135
533,839
Provisions for liabilities
Net assets
564,792
533,839
Called up share capital
100
100
Profit and loss account
564,692
533,739
Shareholders' funds
564,792
533,839
For the year ending 31 January 2025 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 15 September 2025 and were signed on its behalf by
Alex Wilber
Director
Company Registration No. 08873070
Blue Horse I.T. Services Limited
Notes to the Accounts
for the year ended 31 January 2025
Blue Horse I.T. Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08873070. The registered office is 28 High Street, Alcester, Warwickshire, B50 4AA.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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
3 Years Straight Line
Blue Horse I.T. Services Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Deferred tax asset
-
3,246
Other debtors
822,539
682,539
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,671
(2,942)
Loans from directors
275,890
156,278
7
Deferred taxation
2025
2024
Accelerated capital allowances
343
(3,246)
Provision at start of year
(3,246)
(1,613)
Charged/(credited) to the profit and loss account
3,589
(1,633)
Provision at end of year
343
(3,246)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Blue Horse I.T. Services Limited
Notes to the Accounts
for the year ended 31 January 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).