Company No: 09339802 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	1,177		1,853
		1,177		1,853
Current assets
Debtors
- due within one year	4	49,411		38,260
- due after more than one year	4	2,604		11,139
Cash at bank and in hand	5	66,417		70,333
		118,432		119,732
Creditors: amounts falling due within one year	6	( 43,897)		( 42,833)
Net current assets		74,535		76,899
Total assets less current liabilities		75,712		78,752
Net assets		75,712		78,752
Capital and reserves
Called-up share capital		2		2
Profit and loss account		75,710		78,750
Total shareholder's funds		75,712		78,752

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Blue Morph Limited (registered number: 09339802) were approved and authorised for issue by the Director. They were signed on its behalf by:

Dr Elizabeth Wiggins Director

27 November 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Blue Morph Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Larking Gowen 1st Floor Prospect House, Rouen Road, Norwich, NR1 1RE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment	4 years straight line
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		2

3. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 January 2024	348		6,052		6,400
At 31 December 2024	348		6,052		6,400
Accumulated depreciation
At 01 January 2024	65		4,482		4,547
Charge for the financial year	87		589		676
At 31 December 2024	152		5,071		5,223
Net book value
At 31 December 2024	196		981		1,177
At 31 December 2023	283		1,570		1,853

4. Debtors

	2024		2023
	£		£
Debtors: amounts falling due within one year
Trade debtors	48,425		38,035
Prepayments	107		225
Other debtors	879		0
	49,411		38,260
Debtors: amounts falling due after more than one year
Amounts owed by director	2,604		11,139

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	66,417		70,333

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	0		714
Accruals	2,711		2,199
Deferred tax liability	22,095		22,881
Other taxation and social security	18,212		17,039
Other creditors	879		0
	43,897		42,833