| Blue 4D Limited |
| Notes to the Accounts |
| for the year ended 30 November 2021 |
|
|
| 1 |
Accounting policies |
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|
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. |
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Turnover |
|
Turnover represents the value, net of value added tax, of services provided to customers. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates |
|
|
Office equipment |
over 3 years |
|
|
Investments |
|
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique. |
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Debtors |
|
Debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs. |
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Creditors |
|
Creditors are measured at transaction price (which is usually the invoice price). |
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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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 differences. |
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|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
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| 3 |
Tangible fixed assets |
|
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|
|
Office equipment |
| £ |
|
Cost |
|
At 1 December 2020 |
1,135 |
|
At 30 November 2021 |
1,135 |
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|
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Depreciation |
|
At 1 December 2020 |
1,135 |
|
At 30 November 2021 |
1,135 |
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Net book value |
|
At 30 November 2021 |
- |
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Investments |
|
The investments are unlisted and comprise investments in renwable energy projects |
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| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Directors' loan accounts |
|
|
|
|
473 |
|
473 |
|
|
|
|
|
|
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|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade creditors |
684 |
|
600 |
|
Directors' loan accounts |
58,007 |
|
57,008 |
|
|
|
|
|
|
58,691 |
|
57,608 |
|
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| 6 |
Other information |
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|
Blue 4D Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Pantile Hall |
|
Honeypot Lane |
|
Purleigh |
|
Essex |
|
CM3 6RT |
