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REGISTERED NUMBER: 10614903 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Blacklight Holdings Limited

Blacklight Holdings Limited (Registered number: 10614903)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Chartered Accountants' Report 1

Balance Sheet 2

Notes to the Financial Statements 3


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Blacklight Holdings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blacklight Holdings Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Blacklight Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blacklight Holdings Limited and state those matters that we have agreed to state to the director of Blacklight Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blacklight Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Blacklight Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blacklight Holdings Limited. You consider that Blacklight Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blacklight Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haggards Crowther LLP
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ


29 November 2023

Blacklight Holdings Limited (Registered number: 10614903)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 930 1,582
Investments 5 50 50
980 1,632

CURRENT ASSETS
Debtors 6 483,667 153,098
Cash at bank 1,769,728 1,149,917
2,253,395 1,303,015
CREDITORS
Amounts falling due within one year 7 350,060 674,398
NET CURRENT ASSETS 1,903,335 628,617
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,904,315

630,249

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 1,904,215 630,149
SHAREHOLDERS' FUNDS 1,904,315 630,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 29 November 2023 and were signed by:




Mr. M A C Hunt - Director


Blacklight Holdings Limited (Registered number: 10614903)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Blacklight Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10614903 and its registered address is 2nd Floor, Heathmans House, 19 Heathmans Road, London, England, SW6 4TJ.

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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of estimation uncertainty that affect the preparation of the financial statements.

Turnover
Turnover is stated net of VAT. 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. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the services provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

Blacklight Holdings Limited (Registered number: 10614903)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The director considers that the company is a going concern on the basis that he will continue to provide financial support for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022 2,373
Additions 208
At 28 February 2023 2,581
DEPRECIATION
At 1 March 2022 791
Charge for year 860
At 28 February 2023 1,651
NET BOOK VALUE
At 28 February 2023 930
At 28 February 2022 1,582

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2022
and 28 February 2023 50
NET BOOK VALUE
At 28 February 2023 50
At 28 February 2022 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Amounts owed by associates 480,247 -
Other debtors - 149,758
Prepayments 3,420 3,340
483,667 153,098

Blacklight Holdings Limited (Registered number: 10614903)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors - 25,741
Amounts owed to group undertakings 63 63
Tax 300,667 100,037
VAT 408 21,303
Other creditors - 150
Directors' current accounts 47,120 126,305
Accruals and deferred income 1,802 400,799
350,060 674,398

8. RESERVES
Retained
earnings
£   

At 1 March 2022 630,149
Profit for the year 1,274,066
At 28 February 2023 1,904,215

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in the year end Other creditors balance is an amount owed by the company to director of £47,120 (2022: £126,305), drawings of £133,734 and funds introduced of £54,550. The outstanding balance is unsecured, not subject to interest and is payable on demand.

10. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr M Hunt throughout the current period. Mr M Hunt is the director and sole shareholder.