Blueprint Architecture & Design Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: SC310921 (Scotland)

Blueprint Architecture & Design Limited

Financial Statements For The Year Ended 31 October 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

D I MacDonald

Mrs M MacDonald

REGISTERED OFFICE:

19 High Street

Tain

Ross-shire

IV19 1AB

REGISTERED NUMBER:

SC310921 (Scotland)

ACCOUNTANTS:

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

29,277

42,293

29,277

42,293

CURRENT ASSETS

Debtors

6

16,208

17,354

Cash at bank

5,901

38,912

22,109

56,266

CREDITORS

Amounts falling due within one year

7

34,255

32,241

NET CURRENT (LIABILITIES)/ASSETS

(12,146

)

24,025

TOTAL ASSETS LESS CURRENT LIABILITIES

17,131

66,318

CREDITORS

Amounts falling due after more than one year

8

(9,900

)

(20,067

)

PROVISIONS FOR LIABILITIES

9

(5,563

)

(8,036

)

NET ASSETS

1,668

38,215

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

1,568

38,115

SHAREHOLDERS' FUNDS

1,668

38,215

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2024 and were signed on its behalf by:

D I MacDonald - Director

1.	STATUTORY INFORMATION

Blueprint Architecture & Design Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover

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

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2006. After initially being amortised evenly over its initial estimated useful life of twenty years, the remainder (from 1 November 2015) is now being amortised over its remaining estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2022

and 31 October 2023

5,000

AMORTISATION

At 1 November 2022

and 31 October 2023

5,000

NET BOOK VALUE

At 31 October 2023

-

At 31 October 2022

-

5.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 November 2022

91,900

Disposals

(19,350

)

At 31 October 2023

72,550

DEPRECIATION

At 1 November 2022

49,607

Charge for year

9,277

Eliminated on disposal

(15,611

)

At 31 October 2023

43,273

NET BOOK VALUE

At 31 October 2023

29,277

At 31 October 2022

42,293

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.23

31.10.22

£

£

Trade debtors

14,202

15,337

Other debtors

2,006

2,017

16,208

17,354

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.23

31.10.22

£

£

Bank loans and overdrafts

6,049

5,646

Taxation and social security

14,464

17,513

Other creditors

13,742

9,082

34,255

32,241

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.23

31.10.22

£

£

Bank loans

9,900

16,207

Other creditors

-

3,860

9,900

20,067

9.	PROVISIONS FOR LIABILITIES

31.10.23

31.10.22

£

£

Deferred tax

5,563

8,036

Deferred

tax

£

Balance at 1 November 2022

8,036

Credit to Income Statement during year

(2,473

)

Balance at 31 October 2023

5,563

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.23

31.10.22

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 November 2022

38,115

Profit for the year

16,153

Dividends

(52,700

)

At 31 October 2023

1,568

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £52,700 (2022 - £6,100) were paid to the directors .

Mr D I and Mrs M MacDonald

are directors in the company

A loan has been given from the directors to the company. No interest is charged and no repayment terms have been agreed.

31.10.23

31.10.22

£

£

Amount due to related party at the balance sheet date

2,070

3,181

13.	ULTIMATE CONTROLLING PARTY

The controlling party is D I MacDonald.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blueprint Architecture & Design Limited for the year ended 31 October 2023 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that Blueprint Architecture & Design 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 Blueprint Architecture & Design Limited. You consider that Blueprint Architecture & Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blueprint Architecture & Design 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.

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

8 May 2024