Bluewater Group Holdings Limited

Registered Number: 09661801 Bluewater Group Holdings Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Intangible fixed assets	3	10,417	15,417
Investments	4	300	300
		10,717	15,717
Current assets
Debtors: amounts falling due within one year		66,983	72,100
Cash at bank and in hand		15,042	7,907
		82,025	80,007
Creditors: amount falling due within one year		(27,405)	(35,592)
Net current assets		54,620	44,415

Total assets less current liabilities		65,337	60,132
Net assets		65,337	60,132

Capital and reserves
Called up share capital	5	910	910
Share premium account		54,890	54,890
Profit and loss account		9,537	4,332
Shareholders' funds		65,337	60,132

For the year ended 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The director of the company has elected not to include the Income Statement within the financial statements.

The financial statements were approved by the director on 31 December 2025 and were signed by:

-------------------------------
A A Qayyum
Director

Bluewater Group Holdings Limited
Notes to the Abridged Financial Statements
For the year ended 31 December 2024

General Information

Bluewater Group Holdings Limited is a private company, limited by shares and is incorporated in England and Wales. The address of the registered office is C/O Bluewater, Quadrant Court, 49 Calthorpe Road, Birmingham, B15 1TH. The nature of the company's operations and its principal activity was that of a holding company.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 December each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiaries comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of royalty fees receivable by the company, net of value added tax.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Preference shares

The company's preference shares are treated as a financial liability since they are subject to mandatory redemption for a fixed or determinable amount at a fixed or determinable time and are thus included in creditors in the statement of financial position rather than as part of the company's issued share capital.

2.	Employees and Directors' Average number of employees during the year was 2 (2023 : 2).

Intangible fixed assets

Cost	Other intangible assets	Total
	£	£
At 01 January 2024	25,000	25,000
Additions	-	-
Disposals	-	-
At 31 December 2024	25,000	25,000
Amortisation
At 01 January 2024	9,583	9,583
Charge for year	5,000	5,000
On disposals	-	-
At 31 December 2024	14,583	14,583
Net book values
At 31 December 2024	10,417	10,417
At 31 December 2023	15,417	15,417

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 January 2024	300	300
Additions	-	-
Disposals	-	-
At 31 December 2024	300	300

Share Capital

Allotted, called up and fully paid	2024 £	2023 £
720 A Ordinary shares of £1.00 each	720	720
80 B Ordinary shares of £1.00 each	80	80
110 C Ordinary shares of £1.00 each	110	110
	910	910

Registered Number: 09661801
England and Wales
Abridged Accounts

for the year ended 31 December 2024
for
BLUEWATER GROUP HOLDINGS LIMITED