Company No: 05605687 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	A K Shina
	A M J Warren

Secretary

K Warren

Registered office	86-90 Paul Street
	London Paul Street
	London
	England
	EC2A 4NE
	United Kingdom

Company number

05605687 (England and Wales)

Accountant	Kreston Reeves LLP
	Projects Nile House
	Nile Street
	Brighton
	BN1 1HW

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Blue Consult Limited for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes 1 to 11 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Blue Consult Limited, as a body, in accordance with the terms of our engagement letter dated 05 July 2023. Our work has been undertaken solely to prepare for your approval the financial statements of The Blue Consult Limited and state those matters that we have agreed to state to the Board of Directors of The Blue Consult Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Blue Consult Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Blue Consult Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Blue Consult Limited. You consider that The Blue Consult Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of The Blue Consult Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

Projects Nile House
Nile Street
Brighton
BN1 1HW

15 September 2026

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	103,495		0
Tangible assets	4	39,617		53,956
		143,112		53,956
Current assets
Debtors	5	205,688		89,049
Cash at bank and in hand		120,621		72,429
		326,309		161,478
Creditors: amounts falling due within one year	6	( 401,589)		( 130,799)
Net current (liabilities)/assets		(75,280)		30,679
Total assets less current liabilities		67,832		84,635
Creditors: amounts falling due after more than one year	7	( 65,053)		( 83,203)
Net assets		2,779		1,432
Capital and reserves
Called-up share capital	9	2		2
Profit and loss account		2,777		1,430
Total shareholders' funds		2,779		1,432

For the financial year ending 31 December 2025 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 financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Blue Consult Limited (registered number: 05605687) were approved and authorised for issue by the Board of Directors on 15 September 2026. They were signed on its behalf by:

A M J Warren Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Blue Consult Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 86-90 Paul Street, London Paul Street, London, England, EC2A 4NE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	10 years straight line
Development costs	4 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 10 years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Vehicles	5 years straight line
Fixtures and fittings	15 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		7

3. Intangible assets

	Goodwill		Development costs		Total
	£		£		£
Cost
At 01 January 2025	80,000		0		80,000
Additions	0		114,077		114,077
At 31 December 2025	80,000		114,077		194,077
Accumulated amortisation
At 01 January 2025	80,000		0		80,000
Charge for the financial year	0		10,582		10,582
At 31 December 2025	80,000		10,582		90,582
Net book value
At 31 December 2025	0		103,495		103,495
At 31 December 2024	0		0		0

4. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	9,050		56,050		17,235		43,446		125,781
Additions	0		0		0		2,938		2,938
Disposals	( 9,050)		0		( 12,885)		0		( 21,935)
At 31 December 2025	0		56,050		4,350		46,384		106,784
Accumulated depreciation
At 01 January 2025	9,050		8,408		13,664		40,703		71,825
Charge for the financial year	0		11,210		376		2,823		14,409
Disposals	( 9,050)		0		( 10,017)		0		( 19,067)
At 31 December 2025	0		19,618		4,023		43,526		67,167
Net book value
At 31 December 2025	0		36,432		327		2,858		39,617
At 31 December 2024	0		47,642		3,571		2,743		53,956

5. Debtors

	2025		2024
	£		£
Trade debtors	176,061		32,583
Amounts owed by directors	26,740		43,008
Prepayments	2,887		4,588
Deferred tax asset	0		6,707
VAT recoverable	0		2,163
	205,688		89,049

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	8,223		1,092
Trade creditors	83,947		90,711
Accruals and deferred income	145,587		2,600
Deferred tax liability	20,125		0
Taxation and social security	53,372		2,258
Obligations under finance leases and hire purchase contracts	8,089		6,792
Other creditors	82,246		27,346
	401,589		130,799

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	32,191		42,252
Obligations under finance leases and hire purchase contracts	32,862		40,951
	65,053		83,203

There are no amounts included above in respect of which any security has been given by the small entity.

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	6,707		3,925
(Charged)/credited to the Statement of Income and Retained Earnings	( 26,832)		2,782
At the end of financial year	( 20,125)		6,707

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 26,670)		( 1,579)
Tax losses carry forward	0		494
Other timing differences	6,545		7,792
	( 20,125)		6,707

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary A shares of £ 0.01 each	2.00		2.00
10 Ordinary B shares of £ 0.01 each	0.10		0.10
	2.10		2.10

10. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions payable by the company for the year is £9,693 (2024: £8,320). Contributions payable to the fund at the year end included in other creditors is £26,179 (2024: £31,168).

11. Related party transactions

**A Warren**
(Director)

During the year the company provided the Director with a loan repayable on demand. At the balance sheet date the amount due from the director was £26,740 (2024 due from: £43,008).