REGISTERED NUMBER: 11696042 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

BlueBinaries Engineering And Solutions

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Lingareddygari

REGISTERED OFFICE:

Collaborate Steward House

14 Commercial Way

Woking

Surrey

GU21 6ET

REGISTERED NUMBER:

11696042 (England and Wales)

AUDITORS:

RA Audit Services Limited (Statutory Auditor)

2nd Floor

Grove House

55 Lowlands Road

Harrow

Middlesex

HA1 3AW

FIXED ASSETS

Tangible assets

4

1,612

2,935

CURRENT ASSETS

Debtors

5

1,498,357

1,645,047

Cash at bank

63,043

1,066

1,561,400

1,646,113

CREDITORS

Amounts falling due within one year

6

1,161,251

1,175,193

NET CURRENT ASSETS

400,149

470,920

TOTAL ASSETS LESS CURRENT LIABILITIES

401,761

473,855

CAPITAL AND RESERVES

Called up share capital

7

5,000

5,000

Retained earnings

396,761

468,855

SHAREHOLDERS' FUNDS

401,761

473,855

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

K Lingareddygari - Director

1.	STATUTORY INFORMATION

BlueBinaries Engineering And Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

The following criteria must be met before revenue is recognised.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:

- the amount of revenue can be measure reliably;

- it is possible that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the cost to complete the contract can be measure reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Financial instruments

Classification

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Going concern

The financial statements have been prepared on a going concern basis. For the year ended 31 March 2025, the company incurred a loss of £72,094 (2024: £158,116). Although the company continues to report a loss, the deficit for the current year has reduced to less than half of the prior year, reflecting an improvement in operating performance.

In addition, the company has expanded its operations during the financial year 2025/26, which is expected to further strengthen its revenue base. The directors have reviewed the company’s forecasts and projections, taking into account current trading performance and available resources. Based on this review, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

5,301

DEPRECIATION

At 1 April 2024

2,366

Charge for year

1,323

At 31 March 2025

3,689

NET BOOK VALUE

At 31 March 2025

1,612

At 31 March 2024

2,935

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

518,640

819,896

Amounts owed by group undertakings

574,662

698,012

Other debtors

405,055

127,139

1,498,357

1,645,047

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

22,031

5,023

Amounts owed to group undertakings

658,780

3,564

Tax

-

121,025

Social security and other taxes

157,512

159,585

VAT

300,383

821,413

Net Wages

-

55,103

Pensions

7,845

1,502

Directors' current accounts

7,700

478

Accrued expenses

7,000

7,500

1,161,251

1,175,193

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

5,000

Ordinary

£1

5,000

5,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Abdul Hafeez ACA, FCCA (Senior Statutory Auditor)

for and on behalf of RA Audit Services Limited (Statutory Auditor)

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors due within 12 months is an amount £7,700 (2024: 478) due to the director K Lingareddygari.

10.	ULTIMATE PARENT COMPANY

The company's ultimate parent company is Bluebinaries Engineering and Solutions Pvt Limited, a company registered in India.