Blue Flame Associates Limited 31/03/2023 iXBRL
Blue Flame Associates Limited 31/03/2023 iXBRL
Company registration number:
03945773
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Secretary |
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Company number |
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Registered office |
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Business address |
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Accountants |
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6 Marsh Parade | ||
Newcastle-under-Lyme | ||
Staffordshire | ||
ST5 1DU | ||
Bankers |
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Fountain Square | ||
Hanley | ||
Stoke-on-Trent | ||
Staffordshire | ||
Abridged statement of financial position
31st March 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Intangible assets | 5 | - | - | ||||||
Tangible assets | 6 |
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Current assets | |||||||||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
11 December 2023
, and are signed on behalf of the board by:
Director
Company registration number:
03945773
Statement of changes in equity
Year ended 31st March 2023
Called up share capital | Share premium account | Profit and loss account | Total | |||
£ | £ | £ | £ | |||
At 1st April 2021 |
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Profit for the year |
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Total comprehensive income for the year | - | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - | - |
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At 31st March 2022 and 1st April 2022 |
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862,438 | 874,744 | ||
Profit for the year |
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Total comprehensive income for the year | - | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - | - |
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At 31st March 2023 |
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Notes to the financial statements
Year ended 31st March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Blue Flame Associates Limited, Unit 8, High Carr Network Centre, Millennium Way, High Carr Business Park, Newcastle-under-Lyme, Staffordshire, ST5 7XE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill | - |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold and leasehold properties | - | 6 years straight line | ||
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Computer equipment | - |
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straight line | |
Impairment
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
28
(2022:
33
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5.
Intangible assets
£ | ||
Cost | ||
At 1st April 2022 and 31st March 2023 |
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Amortisation | ||
At 1st April 2022 and 31st March 2023 |
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Carrying amount | ||
At 31st March 2023 | - | |
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At 31st March 2022 | - | |
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6.
Tangible assets
£ | ||
Cost | ||
At 1st April 2022 |
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Additions |
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At 31st March 2023 |
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Depreciation | ||
At 1st April 2022 |
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Charge for the year |
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At 31st March 2023 |
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Carrying amount | ||
At 31st March 2023 |
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At 31st March 2022 | 183,429 | |
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7.
Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:
£ | £ | |
Not later than 1 year |
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Later than 1 year and not later than 5 years |
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