Company registration number 08191383 (England and Wales)
BLUE MATTER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
BLUE MATTER LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
BLUE MATTER LTD
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
581
789
Current assets
Debtors
4
1,553,589
1,564,651
Cash at bank and in hand
193,466
81,709
1,747,055
1,646,360
Creditors: amounts falling due within one year
5
(1,121,057)
(1,125,412)
Net current assets
625,998
520,948
Total assets less current liabilities
626,579
521,737
Provisions for liabilities
(145)
(197)
Net assets
626,434
521,540
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
626,334
521,440
Total equity
626,434
521,540

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 April 2026 and are signed on its behalf by:
E O'Dwyer
Director
Company registration number 08191383 (England and Wales)
BLUE MATTER LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Blue Matter Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 28 Queen Elizabeths Walk, London, N16 0HX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods and the rendering of services in the normal course of business, and is shown net of discounts and VAT.

Revenue arises from the provision of Information technology services and is recognised proportionally over the performance of the service contract, by reference to the stage of completion of the transaction at the end of the reporting period.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% straight line

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.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ”Basic Financial Instruments” to all of its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment.

BLUE MATTER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024 and 31 July 2025
5,976
Depreciation and impairment
At 1 August 2024
5,187
Depreciation charged in the year
208
At 31 July 2025
5,395
Carrying amount
At 31 July 2025
581
At 31 July 2024
789
BLUE MATTER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,229
6,173
Other debtors
1,552,360
1,558,478
1,553,589
1,564,651
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,115
2,232
Corporation tax
36,446
35,927
Other taxation and social security
3,633
2,502
Other creditors
1,079,863
1,084,751
1,121,057
1,125,412
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
7
Related party transactions

The company has loaned funds to a company with directors and shareholders in common. The company is charging interest at 5.75% per annum on this loan. At the year end the balance outstanding is £1,552,360 (202 4: £1,558,478).

At the year end the company owed the directors £1,07 7,973 (202 4: £1,0 8 3,490 ).

2025-07-31 2024-08-01 false false false 20 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity E O'Dwyer N Palamarczuk Mr B O'Dwyer 08191383 2024-08-01 2025-07-31 08191383 2025-07-31 08191383 2024-07-31 08191383 core:OtherPropertyPlantEquipment 2025-07-31 08191383 core:OtherPropertyPlantEquipment 2024-07-31 08191383 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 08191383 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 08191383 core:CurrentFinancialInstruments 2025-07-31 08191383 core:CurrentFinancialInstruments 2024-07-31 08191383 core:ShareCapital 2025-07-31 08191383 core:ShareCapital 2024-07-31 08191383 core:RetainedEarningsAccumulatedLosses 2025-07-31 08191383 core:RetainedEarningsAccumulatedLosses 2024-07-31 08191383 core:ShareCapitalOrdinaryShareClass1 2025-07-31 08191383 core:ShareCapitalOrdinaryShareClass1 2024-07-31 08191383 bus:Director1 2024-08-01 2025-07-31 08191383 core:ComputerEquipment 2024-08-01 2025-07-31 08191383 2023-08-01 2024-07-31 08191383 core:OtherPropertyPlantEquipment 2024-07-31 08191383 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 08191383 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 08191383 bus:OrdinaryShareClass1 2025-07-31 08191383 bus:OrdinaryShareClass1 2024-07-31 08191383 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08191383 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 08191383 bus:FRS102 2024-08-01 2025-07-31 08191383 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 08191383 bus:Director2 2024-08-01 2025-07-31 08191383 bus:Director3 2024-08-01 2025-07-31 08191383 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP