Company registration number 05302629 (England and Wales)
BUZBY & BLUE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
BUZBY & BLUE LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
BUZBY & BLUE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
5
21,257
29,774
Current assets
Stocks
33,737
33,461
Debtors
6
33,890
32,081
Cash at bank and in hand
186,440
118,158
254,067
183,700
Creditors: amounts falling due within one year
7
(239,224)
(209,421)
Net current assets/(liabilities)
14,843
(25,721)
Total assets less current liabilities
36,100
4,053
Creditors: amounts falling due after more than one year
8
-
0
(1,667)
Provisions for liabilities
(1,366)
(332)
Net assets
34,734
2,054
Capital and reserves
Called up share capital
9
21
21
Profit and loss reserves
34,713
2,033
Total equity
34,734
2,054
BUZBY & BLUE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 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 3 August 2026 and are signed on its behalf by:
Mr CJ Friend
Mr NJ Faulkner
Director
Director
Company registration number 05302629 (England and Wales)
BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Buzby & Blue Limited is a private company limited by shares incorporated in England and Wales. The registered office is 46-48 The Hornet, Chichester, West Sussex, England, PO19 7JE.

1.1
Basis of preparation

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
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is ten years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.5
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:

Leasehold land and buildings
straight line over the term of the lease
Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computers
50% on reducing balance

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.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -
1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

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

2026
2025
Number
Number
Total
36
36
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025 and 31 March 2026
112,000
Amortisation and impairment
At 1 April 2025 and 31 March 2026
112,000
Carrying amount
At 31 March 2026
-
0
At 31 March 2025
-
0
BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
5
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2025
359,448
265,440
624,888
Additions
-
0
1,217
1,217
At 31 March 2026
359,448
266,657
626,105
Depreciation and impairment
At 1 April 2025
356,849
238,265
595,114
Depreciation charged in the year
2,598
7,136
9,734
At 31 March 2026
359,447
245,401
604,848
Carrying amount
At 31 March 2026
1
21,256
21,257
At 31 March 2025
2,599
27,175
29,774
6
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
33,890
32,081
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
-
0
10,000
Trade creditors
26,795
29,583
Corporation tax
49,882
41,481
Other taxation and social security
68,263
55,936
Other creditors
94,284
72,421
239,224
209,421
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
1,667
BUZBY & BLUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
9
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Authorised
Ordinary shares of £1 each
20
20
20
20
Ordinary B shares of £1 each
1
1
1
1
21
21
21
21
Issued and fully paid
Ordinary shares of £1 each
20
20
20
20
Ordinary B shares of £1 each
1
1
1
1
21
21
21
21
2026-03-31 2025-04-01 false false false 04 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr C J Friend Mr N J Faulkner Mrs H M Friend Mr CJ Friend 05302629 2025-04-01 2026-03-31 05302629 2026-03-31 05302629 2025-03-31 05302629 core:WithinOneYear 2026-03-31 05302629 core:WithinOneYear 2025-03-31 05302629 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 05302629 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 05302629 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 05302629 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 05302629 core:ShareCapital 2026-03-31 05302629 core:ShareCapital 2025-03-31 05302629 core:RetainedEarningsAccumulatedLosses 2026-03-31 05302629 core:RetainedEarningsAccumulatedLosses 2025-03-31 05302629 core:ShareCapitalOrdinaryShareClass1 2026-03-31 05302629 core:ShareCapitalOrdinaryShareClass1 2025-03-31 05302629 core:ShareCapitalOrdinaryShareClass2 2026-03-31 05302629 core:ShareCapitalOrdinaryShareClass2 2025-03-31 05302629 core:ShareCapitalOrdinaryShares 2026-03-31 05302629 core:ShareCapitalOrdinaryShares 2025-03-31 05302629 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 05302629 bus:Director1 2025-04-01 2026-03-31 05302629 core:Goodwill 2025-04-01 2026-03-31 05302629 core:LandBuildings core:LongLeaseholdAssets 2025-04-01 2026-03-31 05302629 core:PlantMachinery 2025-04-01 2026-03-31 05302629 core:FurnitureFittings 2025-04-01 2026-03-31 05302629 core:ComputerEquipment 2025-04-01 2026-03-31 05302629 2024-04-01 2025-03-31 05302629 core:NetGoodwill 2025-03-31 05302629 core:NetGoodwill 2026-03-31 05302629 core:NetGoodwill 2025-03-31 05302629 core:LandBuildings 2025-03-31 05302629 core:OtherPropertyPlantEquipment 2025-03-31 05302629 2025-03-31 05302629 core:LandBuildings 2026-03-31 05302629 core:OtherPropertyPlantEquipment 2026-03-31 05302629 core:LandBuildings 2025-04-01 2026-03-31 05302629 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 05302629 core:LandBuildings 2025-03-31 05302629 core:OtherPropertyPlantEquipment 2025-03-31 05302629 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 05302629 bus:OrdinaryShareClass2 2025-04-01 2026-03-31 05302629 bus:OrdinaryShareClass1 2026-03-31 05302629 bus:OrdinaryShareClass1 2025-03-31 05302629 bus:OrdinaryShareClass2 2026-03-31 05302629 bus:OrdinaryShareClass2 2025-03-31 05302629 bus:AllOrdinaryShares 2026-03-31 05302629 bus:AllOrdinaryShares 2025-03-31 05302629 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 05302629 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 05302629 bus:FRS102 2025-04-01 2026-03-31 05302629 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 05302629 bus:Director2 2025-04-01 2026-03-31 05302629 bus:Director3 2025-04-01 2026-03-31 05302629 bus:CompanySecretary1 2025-04-01 2026-03-31 05302629 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP