Blue 80 Ltd - Accounts to registrar (filleted) - small 23.2.5

Blue 80 Ltd - Accounts to registrar (filleted) - small 23.2.5


IRIS Accounts Production v23.2.0.158 12470366 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124703662022-03-31124703662023-03-31124703662022-04-012023-03-31124703662021-03-31124703662021-04-012022-03-31124703662022-03-3112470366ns10:Originalns15:EnglandWales2022-04-012023-03-3112470366ns14:PoundSterlingns10:Original2022-04-012023-03-3112470366ns10:Originalns10:Director12022-04-012023-03-3112470366ns10:Original2022-04-012023-03-3112470366ns10:Original2023-03-3112470366ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112470366ns10:Originalns10:SmallEntities2022-04-012023-03-3112470366ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112470366ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112470366ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3112470366ns10:Originalns10:FullAccounts2022-04-012023-03-3112470366ns10:Originalns10:Director22022-04-012023-03-3112470366ns10:Originalns10:RegisteredOffice2022-04-012023-03-3112470366ns10:Original2022-03-3112470366ns10:Originalns5:CurrentFinancialInstruments2023-03-3112470366ns10:Originalns5:CurrentFinancialInstruments2022-03-3112470366ns5:ShareCapitalns10:Original2023-03-3112470366ns5:ShareCapitalns10:Original2022-03-3112470366ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3112470366ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112470366ns10:Originalns5:ComputerEquipment2022-04-012023-03-3112470366ns10:Original2021-04-012022-03-3112470366ns10:Originalns5:ComputerEquipment2023-03-3112470366ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112470366ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 12470366 (England and Wales)
















Blue 80 Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2023






Blue 80 Ltd (Registered number: 12470366)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Blue 80 Ltd

Company Information
for the Year Ended 31st March 2023







Directors: Ms L Davey
Mr D McGuire





Registered office: 17 The Glade
Woodford Green
United Kingdom
Essex
IG8 0QA





Registered number: 12470366 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Blue 80 Ltd (Registered number: 12470366)

Statement of Financial Position
31st March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,162 -

Current assets
Debtors 5 1,508 1
Cash at bank 235 2,517
1,743 2,518
Creditors
Amounts falling due within one year 6 20,058 2,332
Net current (liabilities)/assets (18,315 ) 186
Total assets less current liabilities (17,153 ) 186

Capital and reserves
Called up share capital 2 1
Retained earnings (17,155 ) 185
(17,153 ) 186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th December 2023 and were signed on its behalf by:





Mr D McGuire - Director


Blue 80 Ltd (Registered number: 12470366)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. Statutory information

Blue 80 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the balance sheet date the company's liabilities exceeded its assets and the company received assurance from the directors, that they will continue to give financial support to the company for twelve months from the date of signing of these financial statements.

On this basis, the directors considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis is used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% reducing balance

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
Additions 1,549
At 31st March 2023 1,549
Depreciation
Eliminated on disposal 387
At 31st March 2023 387
Net book value
At 31st March 2023 1,162

Blue 80 Ltd (Registered number: 12470366)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 1,508 1

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Taxation and social security - 1,030
Other creditors 20,058 1,302
20,058 2,332