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REGISTERED NUMBER: 08399615 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Blacksheep Design Limited

Blacksheep Design Limited (Registered number: 08399615)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Blacksheep Design Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: MRS M Macey
J Mills
J Macey





SECRETARY: MRS M Macey





REGISTERED OFFICE: Unit 2D The Chandlery
50 Westminster Bridge Road
London
SE1 7QY





REGISTERED NUMBER: 08399615 (England and Wales)





ACCOUNTANTS: Freshwater Associates Limited
99 Westmead Road
Sutton
Surrey
SM1 4HX

Blacksheep Design Limited (Registered number: 08399615)

Statement of Financial Position
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,500 12,600
Property, plant and equipment 5 1,028 1,371
11,528 13,971

CURRENT ASSETS
Debtors 6 67,669 68,684

CREDITORS
Amounts falling due within one year 7 63,143 66,243
NET CURRENT ASSETS 4,526 2,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,054

16,412

CAPITAL AND RESERVES
Called up share capital 8 99 99
Retained earnings 15,955 16,313
SHAREHOLDERS' FUNDS 16,054 16,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

Blacksheep Design Limited (Registered number: 08399615)

Statement of Financial Position - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 9 November 2018 and were signed on its behalf
by:




J Macey - Director MRS M Macey - Director




J Mills - Director


Blacksheep Design Limited (Registered number: 08399615)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Blacksheep Design Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to
consideration and is recorded at the value of the consideration due.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 4 ) .

Blacksheep Design Limited (Registered number: 08399615)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 21,000
AMORTISATION
At 1 April 2017 8,400
Charge for year 2,100
At 31 March 2018 10,500
NET BOOK VALUE
At 31 March 2018 10,500
At 31 March 2017 12,600

5. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 April 2017
and 31 March 2018 4,069
DEPRECIATION
At 1 April 2017 2,698
Charge for year 343
At 31 March 2018 3,041
NET BOOK VALUE
At 31 March 2018 1,028
At 31 March 2017 1,371

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 60,873 63,469
Other debtors 6,796 5,215
67,669 68,684

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 1,577 2,410
Taxation and social security 47,611 53,149
Other creditors 13,955 10,684
63,143 66,243

Blacksheep Design Limited (Registered number: 08399615)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
99 Ordinary £1 99 99

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2018 and
31 March 2017:

2018 2017
£    £   
J Mills
Balance outstanding at start of year - -
Amounts advanced 3,950 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,950 -

MRS M Macey
Balance outstanding at start of year - -
Amounts advanced 2,846 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,846 -