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REGISTERED NUMBER: 12366946 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Blackhorse Place Ltd

Blackhorse Place Ltd (Registered number: 12366946)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Blackhorse Place Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTORS: R D Denoon
R G Baker





REGISTERED OFFICE: Megan Corner Bungalow
Westerleigh Road
Westerleigh
Bristol
BS37 8QP





REGISTERED NUMBER: 12366946 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Blackhorse Place Ltd (Registered number: 12366946)

Statement of Financial Position
31 December 2021

31.12.21 31.12.20
Notes £    £   
CURRENT ASSETS
Stocks 344,525 15,110
Debtors 4 765 -
Cash at bank 7,855 37,890
353,145 53,000
CREDITORS
Amounts falling due within one year 5 316,240 7,399
NET CURRENT ASSETS 36,905 45,601
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,905

45,601

CREDITORS
Amounts falling due after more than one year 6 40,000 45,839
NET LIABILITIES (3,095 ) (238 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (3,097 ) (240 )
(3,095 ) (238 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Blackhorse Place Ltd (Registered number: 12366946)

Statement of Financial Position - continued
31 December 2021


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 5 September 2022 and were signed on its behalf by:





R D Denoon - Director


Blackhorse Place Ltd (Registered number: 12366946)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Blackhorse Place Ltd 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 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like cash and bank balances, trade debtors and creditors, bank overdrafts, finance leases and hire purchase contracts and loans to or from related parties.

A financial asset or financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss immediately.

Any reversals of impairment are recognised in the profit and loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


Blackhorse Place Ltd (Registered number: 12366946)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 765 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 6,800 4,161
Trade creditors 17,989 -
Other creditors 291,451 3,238
316,240 7,399

Blackhorse Place Ltd (Registered number: 12366946)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans 40,000 45,839

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 12,506

7. RELATED PARTY DISCLOSURES

During the period the company entered into the following transactions with the directors:

R Denoon:
2021 2020

Share subscribed for - 1

Capital introduced 53,588 1,500

At the balance sheet date the amount due to the director was £55,087 ( 2020 - £1,499).

R Baker:
2021 2020

Share subscribed for - 1

Capital introduced 234,100 1,500

At the balance sheet date the amount due to the director was £235,559 (2020 - £1,499).