1 April 2021 false No description of principal activity Taxfiler 2022.8.3 00866933business:PrivateLimitedCompanyLtd2021-04-012022-03-31 008669332021-03-31 008669332021-04-012022-03-31 00866933business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 00866933business:FullAccounts2021-04-012022-03-31 008669332022-03-31 008669332021-03-31 00866933core:WithinOneYear2022-03-31 00866933core:WithinOneYear2021-03-31 00866933core:AfterOneYear2022-03-31 00866933core:AfterOneYear2021-03-31 00866933core:ShareCapital2022-03-31 00866933core:ShareCapital2021-03-31 00866933core:RetainedEarningsAccumulatedLosses2022-03-31 00866933core:RetainedEarningsAccumulatedLosses2021-03-31 00866933business:SmallEntities2021-04-012022-03-31 00866933business:Director12021-04-012022-03-31 00866933countries:EnglandWales2021-04-012022-03-31 00866933business:RegisteredOffice2021-04-012022-03-31 00866933core:PlantMachinery2021-04-012022-03-31 00866933core:MotorVehicles2021-04-012022-03-31 00866933core:FurnitureFittings2021-04-012022-03-31 00866933core:IntangibleAssetsOtherThanGoodwill2021-03-31 00866933core:IntangibleAssetsOtherThanGoodwill2022-03-31 00866933core:PlantMachinery2021-03-31 00866933core:MotorVehicles2021-03-31 00866933core:FurnitureFittings2021-03-31 00866933core:PlantMachinery2022-03-31 00866933core:MotorVehicles2022-03-31 00866933core:FurnitureFittings2022-03-31 00866933core:PlantMachinerycore:LeasedAssetsHeldAsLessee2022-03-31 00866933core:PlantMachinerycore:LeasedAssetsHeldAsLessee2021-03-31 00866933core:MotorVehiclescore:LeasedAssetsHeldAsLessee2022-03-31 00866933core:MotorVehiclescore:LeasedAssetsHeldAsLessee2021-03-31 00866933core:BetweenOneFiveYears2022-03-31 00866933core:BetweenOneFiveYears2021-03-31 008669332020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 00866933 (England and Wales)
Blackman & White Limited Unaudited accounts for the year ended 31 March 2022
Blackman & White Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
159,535 
208,608 
Current assets
Inventories
436,135 
329,390 
Debtors
142,701 
383,152 
Cash at bank and in hand
174,373 
280,399 
753,209 
992,941 
Creditors: amounts falling due within one year
(368,382)
(455,838)
Net current assets
384,827 
537,103 
Total assets less current liabilities
544,362 
745,711 
Creditors: amounts falling due after more than one year
(343,904)
(414,917)
Net assets
200,458 
330,794 
Capital and reserves
Called up share capital
90 
90 
Profit and loss account
200,368 
330,704 
Shareholders' funds
200,458 
330,794 
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 directors acknowledge their 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 of Directors and authorised for issue on 30 June 2022 and were signed on its behalf by
L White Director Company Registration No. 00866933
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Blackman & White Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Blackman & White Limited is a private company, limited by shares, registered in England and Wales, registration number 00866933. The registered office is Unit 8, The Street Industrial Estate, Maldon, Essex, CM9 4XB, United Kingdom.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the manufacture of equipment is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation. Additions to intagible assets are written off in the year they are incurred.
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.
Plant & machinery
3 Years
Motor vehicles
3 Years, or length of lease, which ever is longer
Fixtures & fittings
3 Years
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases, operating leases which are not classified as rentals and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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Blackman & White Limited Notes to the Accounts for the year ended 31 March 2022
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2021
3,837,164 
At 31 March 2022
3,837,164 
Amortisation
At 1 April 2021
3,837,164 
At 31 March 2022
3,837,164 
Net book value
At 31 March 2022
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2021
593,414 
126,965 
48,348 
768,727 
Additions
- 
- 
1,930 
1,930 
At 31 March 2022
593,414 
126,965 
50,278 
770,657 
Depreciation
At 1 April 2021
473,744 
46,613 
39,762 
560,119 
Charge for the year
30,187 
16,916 
3,900 
51,003 
At 31 March 2022
503,931 
63,529 
43,662 
611,122 
Net book value
At 31 March 2022
89,483 
63,436 
6,616 
159,535 
At 31 March 2021
119,670 
80,352 
8,586 
208,608 
2022 
2021 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
86,445 
115,260 
- Motor vehicles
63,436 
80,352 
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
2,243 
6,042 
Trade debtors
85,255 
328,914 
Accrued income and prepayments
7,326 
7,326 
Other debtors
47,877 
40,870 
142,701 
383,152 
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Blackman & White Limited Notes to the Accounts for the year ended 31 March 2022
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
58,897 
102,503 
Obligations under finance leases and hire purchase contracts
49,823 
64,849 
Trade creditors
271,119 
267,445 
Taxes and social security
21,206 
19,668 
Other creditors
3,514 
1,373 
Deferred income
(36,177)
- 
368,382 
455,838 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
186,612 
189,544 
Obligations under finance leases and hire purchase contracts
44,100 
92,208 
Amounts owed to group undertakings and other participating interests
113,192 
133,165 
343,904 
414,917 
9
Operating lease commitments
2022 
2021 
£ 
£ 
At 31 March 2022 the company has total minimum future payment commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within one year
12,406 
228 
Within two to five years
- 
122,119 
12,406 
122,347 
10
Controlling party
The company is a 100% subsidiary of B W Cutters Limited (0551066). Registered Office and principal place of business at Unit 8, The Street Industrial Estate, Maldon, Essex, CM9 4XB
11
Average number of employees
During the year the average number of employees was 23 (2021: 21).
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