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Registered number: 04717852
Blue Scorpion Ltd
Financial Statements
For The Year Ended 31 March 2026
Aspirations Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04717852
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 792 1,056
Investments 5 1,125,992 1,125,992
1,126,784 1,127,048
CURRENT ASSETS
Stocks 6 2,288 97,876
Debtors 7 39,307 140,458
Cash at bank and in hand 108,758 17,060
150,353 255,394
Creditors: Amounts Falling Due Within One Year 8 (1,123,726 ) (1,586,632 )
NET CURRENT ASSETS (LIABILITIES) (973,373 ) (1,331,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES 153,411 (204,190 )
Creditors: Amounts Falling Due After More Than One Year 9 (545,878 ) (394,597 )
NET LIABILITIES (392,467 ) (598,787 )
CAPITAL AND RESERVES
Called up share capital 10 246,575 246,575
Share premium account 100,909 100,909
Capital redemption reserve 500 500
Profit and Loss Account (740,451 ) (946,771 )
SHAREHOLDERS' FUNDS (392,467) (598,787)
Page 1
Page 2
For the year ending 31 March 2026 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nigel Tanner
Director
30/06/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blue Scorpion Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04717852 . The registered office is The 1921 Building, East Malling Business Centre, New Road, East Malling, Kent, ME19 6BJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment Depreciation @25%, WDV method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2025 2,525
As at 31 March 2026 2,525
Depreciation
As at 1 April 2025 1,469
Provided during the period 264
As at 31 March 2026 1,733
Net Book Value
As at 31 March 2026 792
As at 1 April 2025 1,056
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2025 1,125,992
As at 31 March 2026 1,125,992
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 1,125,992
As at 1 April 2025 1,125,992
6. Stocks
2026 2025
£ £
Finished goods 2,288 97,876
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 36,575 58,358
Amounts owed by participating interests - 70,606
Other debtors 2,732 11,494
39,307 140,458
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 22,553 196,251
Bank loans and overdrafts 13 13
Amounts owed to group undertakings 935,040 1,065,303
Amounts owed to participating interests 18,441 -
Other creditors 99,488 236,177
Taxation and social security 48,191 88,888
1,123,726 1,586,632
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other loans 200,000 87,743
Other creditors 345,878 306,854
545,878 394,597
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 246,575 246,575
Page 5