BLUE VENTURES (EXPEDITIONS) LIMITED

Company Registration Number:
SC233112 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

BLUE VENTURES (EXPEDITIONS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2018

Balance sheet
Notes

BLUE VENTURES (EXPEDITIONS) LIMITED

Balance sheet

As at 30 June 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 49,690 52,037
Total fixed assets: 49,690 52,037
Current assets
Debtors: 4 24,934 19,078
Cash at bank and in hand: 55,418 68,812
Investments:   0 0
Total current assets: 80,352 87,890
Creditors: amounts falling due within one year: 5 (138,213) (120,573)
Net current assets (liabilities): (57,861) (32,683)
Total assets less current liabilities: (8,171) 19,354
Provision for liabilities: (506) (3,455)
Total net assets (liabilities): (8,677) 15,899
Capital and reserves
Called up share capital: 20 20
Profit and loss account: (8,697) 15,879
Shareholders funds: (8,677) 15,899

The notes form part of these financial statements

BLUE VENTURES (EXPEDITIONS) LIMITED

Balance sheet statements

For the year ending 30 June 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2019
and signed on behalf of the board by:

Name: Richard Nimmo
Status: Director

The notes form part of these financial statements

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

2. Employees

2018 2017
Average number of employees during the period 27 26

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Tangible Assets

Total
Cost £
At 01 July 2017 156,718
Additions 14,670
At 30 June 2018 171,388
Depreciation
At 01 July 2017 104,681
Charge for year 17,017
At 30 June 2018 121,698
Net book value
At 30 June 2018 49,690
At 30 June 2017 52,037

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

4. Debtors

2018
£
Debtors due after more than one year: 0

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

5. Creditors: amounts falling due within one year note

2018 2017Trade creditors 4938 152Other taxes and social security costs 522 833Corporation Tax 0 2476Blue Ventures Conservation creditor 86969 37985Accruals 6450 38457Deferred Income 39334 40670Total 138213 120573

BLUE VENTURES (EXPEDITIONS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

6. Related party transactions

During the year the company made the payments of £Nil (2017: £35,000) to Blue Ventures Conservation, the parent company and sole owner.