Company Registration No. 07855676 (England and Wales)
Blue Fizz Events Limited
Unaudited accounts
for the year ended 30 March 2025
Blue Fizz Events Limited
Unaudited accounts
Contents
Blue Fizz Events Limited
Company Information
for the year ended 30 March 2025
Company Number
07855676 (England and Wales)
Registered Office
5 Cross Street
Barnstaple
EX31 1BA
Accountants
Swift Accounting & Bookkeeping Services Ltd
Ground Floor
The Custom House
The Strand
Barnstaple
Devon
EX31 1EU
Blue Fizz Events Limited
Statement of financial position
as at 30 March 2025
Tangible assets
5,272
6,619
Cash at bank and in hand
19,716
12,980
Creditors: amounts falling due within one year
(25,323)
(25,709)
Net current liabilities
(5,237)
(4,551)
Total assets less current liabilities
35
2,068
Provisions for liabilities
Deferred tax
(1,002)
(1,257)
Net (liabilities)/assets
(967)
811
Called up share capital
100
100
Profit and loss account
(1,067)
711
Shareholders' funds
(967)
811
For the year ending 30 March 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 director acknowledges her 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 29 December 2025 and were signed on its behalf by
Tracy Edwards
Director
Company Registration No. 07855676
Blue Fizz Events Limited
Notes to the Accounts
for the year ended 30 March 2025
Blue Fizz Events Limited is a private company, limited by shares, registered in England and Wales, registration number 07855676. The registered office is 5 Cross Street, Barnstaple, EX31 1BA.
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.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Blue Fizz Events Limited
Notes to the Accounts
for the year ended 30 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 31 March 2024
13,476
16,550
30,026
At 30 March 2025
13,476
16,550
30,026
At 31 March 2024
9,955
13,452
23,407
Charge for the year
882
465
1,347
At 30 March 2025
10,837
13,917
24,754
At 30 March 2025
2,639
2,633
5,272
At 30 March 2024
3,521
3,098
6,619
Amounts falling due within one year
Accrued income and prepayments
20
138
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
4,748
Deferred income
6,225
1,863
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
8,040
-
7,351
689
As at 30/03/2025 the Director owed to company £689. This was fully repaid by 30/12/2025
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).