2022-02-012023-01-312023-01-31false05347900BLACK SHEEP TIMBER FRAMING LTD2023-06-22iso4217:GBPxbrli:pure053479002022-02-01053479002023-01-31053479002022-02-012023-01-31053479002021-02-01053479002022-01-31053479002021-02-012022-01-3105347900bus:SmallEntities2022-02-012023-01-3105347900bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3105347900bus:FullAccounts2022-02-012023-01-3105347900bus:PrivateLimitedCompanyLtd2022-02-012023-01-3105347900core:WithinOneYear2023-01-3105347900core:AfterOneYear2023-01-3105347900core:WithinOneYear2022-01-3105347900core:AfterOneYear2022-01-3105347900core:ShareCapital2023-01-3105347900core:SharePremium2023-01-3105347900core:RevaluationReserve2023-01-3105347900core:OtherReservesSubtotal2023-01-3105347900core:RetainedEarningsAccumulatedLosses2023-01-3105347900core:ShareCapital2022-01-3105347900core:SharePremium2022-01-3105347900core:RevaluationReserve2022-01-3105347900core:OtherReservesSubtotal2022-01-3105347900core:RetainedEarningsAccumulatedLosses2022-01-3105347900core:LandBuildings2023-01-3105347900core:PlantMachinery2023-01-3105347900core:Vehicles2023-01-3105347900core:FurnitureFittings2023-01-3105347900core:OfficeEquipment2023-01-3105347900core:NetGoodwill2023-01-3105347900core:IntangibleAssetsOtherThanGoodwill2023-01-3105347900core:ListedExchangeTraded2023-01-3105347900core:UnlistedNon-exchangeTraded2023-01-3105347900core:LandBuildings2022-01-3105347900core:PlantMachinery2022-01-3105347900core:Vehicles2022-01-3105347900core:FurnitureFittings2022-01-3105347900core:OfficeEquipment2022-01-3105347900core:NetGoodwill2022-01-3105347900core:IntangibleAssetsOtherThanGoodwill2022-01-3105347900core:ListedExchangeTraded2022-01-3105347900core:UnlistedNon-exchangeTraded2022-01-3105347900core:LandBuildings2022-02-012023-01-3105347900core:PlantMachinery2022-02-012023-01-3105347900core:Vehicles2022-02-012023-01-3105347900core:FurnitureFittings2022-02-012023-01-3105347900core:OfficeEquipment2022-02-012023-01-3105347900core:NetGoodwill2022-02-012023-01-3105347900core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3105347900core:ListedExchangeTraded2022-02-012023-01-3105347900core:UnlistedNon-exchangeTraded2022-02-012023-01-3105347900core:MoreThanFiveYears2022-02-012023-01-3105347900core:Non-currentFinancialInstruments2023-01-3105347900core:Non-currentFinancialInstruments2022-01-3105347900dpl:CostSales2022-02-012023-01-3105347900dpl:DistributionCosts2022-02-012023-01-3105347900dpl:AdministrativeExpenses2022-02-012023-01-3105347900core:LandBuildings2022-02-012023-01-3105347900core:PlantMachinery2022-02-012023-01-3105347900core:Vehicles2022-02-012023-01-3105347900core:FurnitureFittings2022-02-012023-01-3105347900core:OfficeEquipment2022-02-012023-01-3105347900core:NetGoodwill2022-02-012023-01-3105347900core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3105347900dpl:GroupUndertakings2022-02-012023-01-3105347900dpl:ParticipatingInterests2022-02-012023-01-3105347900dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3105347900core:ListedExchangeTraded2022-02-012023-01-3105347900dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3105347900core:UnlistedNon-exchangeTraded2022-02-012023-01-3105347900dpl:CostSales2021-02-012022-01-3105347900dpl:DistributionCosts2021-02-012022-01-3105347900dpl:AdministrativeExpenses2021-02-012022-01-3105347900core:LandBuildings2021-02-012022-01-3105347900core:PlantMachinery2021-02-012022-01-3105347900core:Vehicles2021-02-012022-01-3105347900core:FurnitureFittings2021-02-012022-01-3105347900core:OfficeEquipment2021-02-012022-01-3105347900core:NetGoodwill2021-02-012022-01-3105347900core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3105347900dpl:GroupUndertakings2021-02-012022-01-3105347900dpl:ParticipatingInterests2021-02-012022-01-3105347900dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3105347900core:ListedExchangeTraded2021-02-012022-01-3105347900dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3105347900core:UnlistedNon-exchangeTraded2021-02-012022-01-3105347900core:NetGoodwill2023-01-3105347900core:IntangibleAssetsOtherThanGoodwill2023-01-3105347900core:LandBuildings2023-01-3105347900core:PlantMachinery2023-01-3105347900core:Vehicles2023-01-3105347900core:FurnitureFittings2023-01-3105347900core:OfficeEquipment2023-01-3105347900core:AfterOneYear2023-01-3105347900core:WithinOneYear2023-01-3105347900core:ListedExchangeTraded2023-01-3105347900core:UnlistedNon-exchangeTraded2023-01-3105347900core:ShareCapital2023-01-3105347900core:SharePremium2023-01-3105347900core:RevaluationReserve2023-01-3105347900core:OtherReservesSubtotal2023-01-3105347900core:RetainedEarningsAccumulatedLosses2023-01-3105347900core:NetGoodwill2022-01-3105347900core:IntangibleAssetsOtherThanGoodwill2022-01-3105347900core:LandBuildings2022-01-3105347900core:PlantMachinery2022-01-3105347900core:Vehicles2022-01-3105347900core:FurnitureFittings2022-01-3105347900core:OfficeEquipment2022-01-3105347900core:AfterOneYear2022-01-3105347900core:WithinOneYear2022-01-3105347900core:ListedExchange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BLACK SHEEP TIMBER FRAMING LTD

Registered Number
05347900
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

BLACK SHEEP TIMBER FRAMING LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

CUNINGHAME, Fraser
POPE, Justin

Registered Address

137 Bath Road
Atworth
Melksham
SN12 8LA

Registered Number

05347900 (England and Wales)
BLACK SHEEP TIMBER FRAMING LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets78472,016
8472,016
Current assets
Stocks8500500
Debtors915,52917,445
Cash at bank and on hand7,92331,429
23,95249,374
Creditors amounts falling due within one year10(6,800)(33,504)
Net current assets (liabilities)17,15215,870
Total assets less current liabilities17,99917,886
Provisions for liabilities11(161)(217)
Net assets17,83817,669
Capital and reserves
Called up share capital22
Profit and loss account17,83617,667
Shareholders' funds17,83817,669
The financial statements were approved and authorised for issue by the Board of Directors on 22 June 2023, and are signed on its behalf by:
CUNINGHAME, Fraser
Director
Registered Company No. 05347900
BLACK SHEEP TIMBER FRAMING LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The company's principal activity during the year continued to be that of green oak carpentry, frame design and construction.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Fixtures and fittings4
Vehicles4
Office Equipment4
Intangible assets policy
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services 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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
5.Employee information

20232022
Average number of employees during the year22
6.Intangible assets
Goodwill is being written off in equal instalments over its estimated economic life of 4 years

Other

Total

££
Cost or valuation
At 01 February 2280,00080,000
At 31 January 2380,00080,000
Amortisation and impairment
At 01 February 2280,00080,000
At 31 January 2380,00080,000
Net book value
At 31 January 23--
At 31 January 22--
7.Property, plant and equipment

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 February 2213,5664,49958718,652
Additions129--129
At 31 January 2313,6954,49958718,781
Depreciation and impairment
At 01 February 2212,6923,75019416,636
Charge for year1,298--1,298
At 31 January 2313,9903,75019417,934
Net book value
At 31 January 23(295)749393847
At 31 January 228747493932,016
8.Stocks

2023

2022

££
Other stocks500500
Total500500
9.Debtors

2023

2022

££
Trade debtors / trade receivables5,41216,951
Other debtors9,600-
Prepayments and accrued income517494
Total15,52917,445
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables994350
Taxation and social security4,91420,560
Other creditors-11,814
Accrued liabilities and deferred income892780
Total6,80033,504
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
11.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)161217
Total161217