Registration number: 04667469

Bluebell Opticom Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Bluebell Opticom Ltd

Company Information

Directors

Mr P McCann Mrs R McCann Mr P Murray Mr S M Mansuri Mr A Parmar

Registered office

Fawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire England SL8 5TD

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Bluebell Opticom Ltd

(Registration number: 04667469)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	22,461	20,634
Current assets
Stocks	6	369,969	410,566
Debtors	7	277,268	146,234
Cash at bank and in hand		265,084	367,703
		912,321	924,503
Creditors: Amounts falling due within one year	8	(324,287)	(276,874)
Net current assets		588,034	647,629
Total assets less current liabilities		610,495	668,263
Provisions for liabilities		(5,615)	(5,158)
Net assets		604,880	663,105
Capital and reserves
Called up share capital		130	130
Retained earnings		604,750	662,975
Shareholders' funds		604,880	663,105

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Bluebell Opticom Ltd

(Registration number: 04667469)
Balance Sheet as at 28 February 2026

Approved and authorised by the Board on 6 August 2026 and signed on its behalf by:
 

......................................... Mr P McCann Director

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fawley House
2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD
England

These financial statements were authorised for issue by the Board on 6 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on reducing balance
Furniture and equipment	15% on reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website costs	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2025 - 8).

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 March 2025	4,680	4,680
At 28 February 2026	4,680	4,680
Amortisation
At 1 March 2025	4,680	4,680
At 28 February 2026	4,680	4,680
Carrying amount
At 28 February 2026	-	-

Intangible assets relate to website rebuild.

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Plant and machinery £	Total £
Cost or valuation
At 1 March 2025	39,292	66,818	106,110
Additions	-	9,787	9,787
Disposals	-	(38,494)	(38,494)
At 28 February 2026	39,292	38,111	77,403
Depreciation
At 1 March 2025	34,860	50,616	85,476
Charge for the year	665	3,299	3,964
Eliminated on disposal	-	(34,498)	(34,498)
At 28 February 2026	35,525	19,417	54,942
Carrying amount
At 28 February 2026	3,767	18,694	22,461
At 28 February 2025	4,432	16,202	20,634

6

Stocks

	2026 £	2025 £
Other inventories	369,969	410,566

7

Debtors

Current	2026 £	2025 £
Trade debtors	207,835	109,350
Prepayments	13,364	19,482
Other debtors	56,069	17,402
	277,268	146,234

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	-	663
Trade creditors		185,819	126,895
Taxation and social security		40,959	79,215
Accruals and deferred income		36,390	34,318
Other creditors		61,119	35,783
		324,287	276,874

Bank loans and overdraft are secured by a charge over the companies asset

9	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	-	663

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £12,447 (2025 - £31,697).

Bluebell Opticom Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

11	Related party transactions

Transactions with directors

2026	At 1 March 2025 £	Repayments by director £	At 28 February 2026 £
Mr A Parmar
Loan	1,096	(1,096)	-

2025	At 1 March 2024 £	Repayments by director £	At 28 February 2025 £
Mr A Parmar
Loan	5,037	(3,941)	1,096