Company Registration No. 12125731 (England and Wales)
Blackbull Barmston Ltd
Unaudited accounts
for the period from 1 August 2022 to 31 August 2023
Blackbull Barmston Ltd
Unaudited accounts
Contents
Blackbull Barmston Ltd
Company Information
for the period from 1 August 2022 to 31 August 2023
Directors
Mr Andrew Emery
Miss Michelle Lawrie
Company Number
12125731 (England and Wales)
Registered Office
48 Sands Lane
Barmston
East Yorkshire
YO25 8PG
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Blackbull Barmston Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
-
9,831
Creditors: amounts falling due within one year
(10,618)
(20,546)
Net current liabilities
(10,618)
(9,672)
Total assets less current liabilities
(10,618)
3,812
Provisions for liabilities
Net (liabilities)/assets
(10,782)
3,648
Called up share capital
100
100
Profit and loss account
(10,882)
3,548
Shareholders' funds
(10,782)
3,648
For the period ending 31 August 2023 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 23 January 2024 and were signed on its behalf by
Mr Andrew Emery
Director
Company Registration No. 12125731
Blackbull Barmston Ltd
Notes to the Accounts
for the period from 1 August 2022 to 31 August 2023
Blackbull Barmston Ltd is a private company, limited by shares, registered in England and Wales, registration number 12125731. The registered office is 48 Sands Lane, Barmston, East Yorkshire, YO25 8PG, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% Cost
Computer equipment
25% Cost
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 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Blackbull Barmston Ltd
Notes to the Accounts
for the period from 1 August 2022 to 31 August 2023
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 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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
16,450
658
17,108
Disposals
(16,450)
(658)
(17,108)
At 1 August 2022
3,306
318
3,624
Charge for the period
3,290
340
3,630
On disposals
(6,596)
(658)
(7,254)
At 31 July 2022
13,144
340
13,484
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
11,897
Loans from directors
10,618
8,270
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the period the average number of employees was 3 (2022: 3).