IRIS Accounts Production v23.3.0.418 07519818 Board of Directors 1.1.22 31.12.22 31.12.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075198182021-12-31075198182022-12-31075198182022-01-012022-12-31075198182020-12-31075198182021-01-012021-12-31075198182021-12-3107519818ns10:Originalns15:EnglandWales2022-01-012022-12-3107519818ns14:PoundSterlingns10:Original2022-01-012022-12-3107519818ns10:Originalns10:Director12022-01-012022-12-3107519818ns10:Original2022-01-012022-12-3107519818ns10:Original2022-12-3107519818ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3107519818ns10:Originalns10:SmallEntities2022-01-012022-12-3107519818ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3107519818ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3107519818ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3107519818ns10:Originalns10:FullAccounts2022-01-012022-12-3107519818ns10:Originalns10:Director22022-01-012022-12-3107519818ns10:Originalns10:Director32022-01-012022-12-3107519818ns10:CompanySecretary1ns10:Original2022-01-012022-12-3107519818ns10:Originalns10:CompanySecretary22022-01-012022-12-3107519818ns10:Originalns10:RegisteredOffice2022-01-012022-12-3107519818ns10:Original2021-12-3107519818ns10:Originalns5:CurrentFinancialInstruments2022-12-3107519818ns10:Originalns5:CurrentFinancialInstruments2021-12-3107519818ns5:ShareCapitalns10:Original2022-12-3107519818ns5:ShareCapitalns10:Original2021-12-3107519818ns10:Originalns5:SharePremium2022-12-3107519818ns10:Originalns5:SharePremium2021-12-3107519818ns10:Originalns5:CapitalRedemptionReserve2022-12-3107519818ns10:Originalns5:CapitalRedemptionReserve2021-12-3107519818ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3107519818ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3107519818ns10:Originalns5:PlantMachinery2022-01-012022-12-3107519818ns10:Original2021-01-012021-12-3107519818ns10:Originalns5:PlantMachinery2021-12-3107519818ns10:Originalns5:PlantMachinery2022-12-3107519818ns10:Originalns5:PlantMachinery2021-12-3107519818ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3107519818ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-31
REGISTERED NUMBER: 07519818 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: E Nikfahama
P Giagkou
T Mazuz





SECRETARIES: P Giagkou
Laytons Secretaries Limited





REGISTERED OFFICE: C/o Laytons LLP 3rd Floor
Pinners Hall
105-108 Old Broad Street
London
EC2N 1ER





REGISTERED NUMBER: 07519818 (England and Wales)





ACCOUNTANTS: Haines Watts
The Lightbox
87 Castle Street
Reading
Berkshire
RG1 7SN

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 13,835 30,094

CURRENT ASSETS
Debtors 5 9,555,247 2,157,191
Cash at bank and in hand 136,650 99,620
9,691,897 2,256,811
CREDITORS
Amounts falling due within one year 6 9,383,819 1,959,651
NET CURRENT ASSETS 308,078 297,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,913

327,254

PROVISIONS FOR LIABILITIES 8,601 5,543
NET ASSETS 313,312 321,711

CAPITAL AND RESERVES
Called up share capital 133 133
Share premium 4,994 4,994
Capital redemption reserve 97 97
Retained earnings 308,088 316,487
313,312 321,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

BALANCE SHEET - continued
31 DECEMBER 2022


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 and authorised for issue by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:





P Giagkou - Director


BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Black Pearl Maritime Security Management 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% and 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2022
and 31 December 2022 479,800
DEPRECIATION
At 1 January 2022 449,706
Charge for year 16,259
At 31 December 2022 465,965
NET BOOK VALUE
At 31 December 2022 13,835
At 31 December 2021 30,094

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade debtors 149,844 75,260
Amounts owed by group undertakings - 2,019,719
Other debtors 9,405,403 62,212
9,555,247 2,157,191

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Trade creditors 1,484,946 1,501,720
Amounts owed to group undertakings 7,346,441 -
Taxation and social security 13,477 41,289
Other creditors 538,955 416,642
9,383,819 1,959,651