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Company Registration No. 07178877 (England and Wales)
Smartblue Limited Unaudited accounts for the year ended 31 March 2022
Smartblue Limited Unaudited accounts Contents
Page
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Smartblue Limited Company Information for the year ended 31 March 2022
Director
Andrew Treadwell
Company Number
07178877 (England and Wales)
Registered Office
UNIT 75 2 LANSDOWNE CRESCENT BOURNEMOUTH DORSET BH1 1SA
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Smartblue Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,564 
2,346 
Tangible assets
5
15,695 
10,094 
17,259 
12,440 
Current assets
Debtors
6
1,941 
102 
Cash at bank and in hand
39,225 
53,433 
41,166 
53,535 
Creditors: amounts falling due within one year
7
(28,304)
(25,860)
Net current assets
12,862 
27,675 
Net assets
30,121 
40,115 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
30,120 
40,114 
Shareholders' funds
30,121 
40,115 
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 August 2022 and were signed on its behalf by
Andrew Treadwell Director Company Registration No. 07178877
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Smartblue Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Smartblue Limited is a private company, limited by shares, registered in England and Wales, registration number 07178877. The registered office is UNIT 75 2 LANSDOWNE CRESCENT, BOURNEMOUTH, DORSET, BH1 1SA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Reducing Balance
Computer equipment
33% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2021
3,910 
At 31 March 2022
3,910 
Amortisation
At 1 April 2021
1,564 
Charge for the year
782 
At 31 March 2022
2,346 
Net book value
At 31 March 2022
1,564 
At 31 March 2021
2,346 
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Smartblue Limited Notes to the Accounts for the year ended 31 March 2022
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
2,421 
15,378 
17,799 
Additions
- 
14,148 
14,148 
At 31 March 2022
2,421 
29,526 
31,947 
Depreciation
At 1 April 2021
893 
6,812 
7,705 
Charge for the year
504 
7,496 
8,000 
On disposals
- 
547 
547 
At 31 March 2022
1,397 
14,855 
16,252 
Net book value
At 31 March 2022
1,024 
14,671 
15,695 
At 31 March 2021
1,528 
8,566 
10,094