Registration number: 03809721

Blue Water Consulting Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Blue Water Consulting Limited

(Registration number: 03809721)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	2,254	966
Investment property	6	525,000	525,000
		527,254	525,966
Current assets
Debtors	7	125	4,672
Cash at bank and in hand		25,095	23,017
		25,220	27,689
Creditors: Amounts falling due within one year	8	(1,872)	(1,926)
Net current assets		23,348	25,763
Total assets less current liabilities		550,602	551,729
Provisions for liabilities		(57,516)	(57,516)
Net assets		493,086	494,213
Capital and reserves
Called up share capital		1,000	1,000
Revaluation reserve		172,548	172,548
Retained earnings		319,538	320,665
Shareholders' funds		493,086	494,213

Blue Water Consulting Limited

(Registration number: 03809721)
Balance Sheet as at 31 July 2026

For the financial year ending 31 July 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.

Approved and authorised by the Board on 8 October 2026 and signed on its behalf by:
 

......................................... Mr G Vipond Director

Blue Water Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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:
14 Jennings Close
Long Ditton
Surrey
KT6 5RB
England

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 in respect of computer consultancy. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Rental income is from the investment property.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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:

Blue Water Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

Asset class	Depreciation method and rate
Fixtures and fittings	25% of net book value
Office equipment	25% of net book value
Land and buildings	not depreciated

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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

Taxation

	2026		2025
	£		£
Corporation tax	-		678
Deferred tax	-		(30,000)
	-		(29,322)

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

Blue Water Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

5	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 August 2025	2,208	1,675	3,883
Additions	-	2,148	2,148
At 31 July 2026	2,208	3,823	6,031
Depreciation
At 1 August 2025	2,208	709	2,917
Charge for the year	-	860	860
At 31 July 2026	2,208	1,569	3,777
Carrying amount
At 31 July 2026	-	2,254	2,254
At 31 July 2025	-	966	966

6	Investment properties

	2026 £
At 1 August	525,000
At 31 July	525,000

The investment property has been included at directors' valuation

7

Debtors

Current	2026 £	2025 £
Prepayments	-	4,518
Other debtors	125	154
	125	4,672

Blue Water Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	-	678
Other creditors	1,872	1,248
	1,872	1,926