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Company Registration No. 05887574 (England and Wales)
Blauw Research Limited Unaudited accounts for the year ended 31 December 2024
Blauw Research Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Blauw Research Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,066 
1,504 
Investments
5
70,140 
78,773 
71,206 
80,277 
Current assets
Debtors
6
27,301 
27,762 
Cash at bank and in hand
17,582 
15,083 
44,883 
42,845 
Creditors: amounts falling due within one year
7
(191,894)
(199,323)
Net current liabilities
(147,011)
(156,478)
Net liabilities
(75,805)
(76,201)
Capital and reserves
Called up share capital
8
16,969 
16,969 
Profit and loss account
(92,774)
(93,170)
Shareholders' funds
(75,805)
(76,201)
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 director acknowledges his 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 and authorised for issue on 18 December 2025 and were signed on its behalf by
Jonathan Wheeler Director Company Registration No. 05887574
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Blauw Research Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Blauw Research Limited is a private company, limited by shares, registered in England and Wales, registration number 05887574. The registered office is Ivy Cottage, 23 Cobden Road, Sevenoaks, Kent, TN13 3UB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line basis
Foreign exchange
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Going concern
The company is a going concern. The company is funded and supported by long term shareholders.
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Blauw Research Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
27,672 
1,690 
29,362 
Additions
523 
- 
523 
At 31 December 2024
28,195 
1,690 
29,885 
Depreciation
At 1 January 2024
26,612 
1,246 
27,858 
Charge for the year
748 
213 
961 
At 31 December 2024
27,360 
1,459 
28,819 
Net book value
At 31 December 2024
835 
231 
1,066 
At 31 December 2023
1,060 
444 
1,504 
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
78,773 
Disposals
(8,633)
Valuation at 31 December 2024
70,140 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
461 
Amounts due from group undertakings etc.
27,301 
27,301 
27,301 
27,762 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,264 
403 
Trade creditors
11,232 
22,696 
Amounts owed to group undertakings and other participating interests
162,850 
162,850 
Other creditors
15,308 
8,356 
Loans from directors
- 
2,967 
Accruals
1,240 
2,051 
191,894 
199,323 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
16,969 Ordinary shares of £1 each
16,969 
16,969 
- 5 -
Blauw Research Limited Notes to the Accounts for the year ended 31 December 2024
9
Transactions with related parties
The parent company is BBI Group B.V. a company incorporated in Netherlands. The ultimate controlling parties of Blauw Research Ltd are Wout van der Wijkand Kees de Jong the joint owners of BBI Group B.V 100%. At the year end an amount of £162,850 (2023 : £162,850) was owed to the parent company BBI B.V. The company also had £19,766 (2023 : £19,766) and £7,536 (2023 : £7,536) receivable from Blauw NL and BBI Group.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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