Bluu Vision Limited |
|
Report to the director on the preparation of the unaudited statutory accounts of Bluu Vision Limited for the year ended 31 January 2020 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bluu Vision Limited for the year ended 31 January 2020 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
Coalesco Accountants Limited |
Chartered Certified Accountants |
156 Russell Drive |
Wollaton |
Nottingham |
NG8 2BE |
|
18 August 2020 |
|
Bluu Vision Limited |
Notes to the Accounts |
for the year ended 31 January 2020 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
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Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
33% and 15% on reducing balance |
|
|
Investments |
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Investments in unquoted equity instruments are measured at cost. |
|
|
Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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|
2 |
Employees |
2020 |
|
2019 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 February 2019 |
14,058 |
|
9,094 |
|
23,152 |
|
At 31 January 2020 |
14,058 |
|
9,094 |
|
23,152 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2019 |
- |
|
8,606 |
|
8,606 |
|
Charge for the year |
- |
|
134 |
|
134 |
|
At 31 January 2020 |
- |
|
8,740 |
|
8,740 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2020 |
14,058 |
|
354 |
|
14,412 |
|
At 31 January 2019 |
14,058 |
|
488 |
|
14,546 |
|
|
|
|
|
|
|
|
|
|
4 |
Investments |
|
Other |
investments |
£ |
|
Cost |
|
At 1 February 2019 |
30,060 |
|
Additions |
2,550 |
|
Disposals |
(3,525) |
|
|
At 31 January 2020 |
29,085 |
|
|
|
|
|
|
|
|
|
|
5 |
Debtors |
2020 |
|
2019 |
£ |
£ |
|
|
Other debtors |
4,990 |
|
4,990 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
£ |
£ |
|
|
Bank loans and overdrafts |
363 |
|
3,189 |
|
Corporation tax |
1,695 |
|
6,732 |
|
Other taxes and social security costs |
559 |
|
5,287 |
|
Other creditors |
17,735 |
|
3,020 |
|
|
|
|
|
|
20,352 |
|
18,228 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
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Bluu Vision Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
6 Lower Park Row |
|
Bristol |
|
BS1 5BJ |