1 July 2022 false No description of principal activity Taxfiler 2023.15 09648009business:PrivateLimitedCompanyLtd2022-07-012023-06-30 096480092022-06-30 096480092022-07-012023-06-30 09648009business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 09648009business:AbridgedAccounts2022-07-012023-06-30 096480092023-06-30 09648009business:Director12022-07-012023-06-30 09648009business:RegisteredOffice2022-07-012023-06-30 096480092022-06-30 09648009core:WithinOneYear2023-06-30 09648009core:WithinOneYear2022-06-30 09648009core:AfterOneYear2023-06-30 09648009core:AfterOneYear2022-06-30 09648009core:SharePremiumcore:PreviouslyStatedAmount2023-06-30 09648009core:SharePremiumcore:PreviouslyStatedAmount2022-06-30 09648009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 09648009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 09648009core:PreviouslyStatedAmount2023-06-30 09648009core:PreviouslyStatedAmount2022-06-30 09648009business:SmallEntities2022-07-012023-06-30 09648009countries:EnglandWales2022-07-012023-06-30 09648009core:PlantMachinery2022-07-012023-06-30 09648009core:FurnitureFittings2022-07-012023-06-30 09648009core:ComputerEquipment2022-07-012023-06-30 096480092021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 09648009 (England and Wales)
Blackhorse Lane Atelier Ltd Unaudited accounts for the year ended 30 June 2023
Blackhorse Lane Atelier Ltd Unaudited accounts Contents
Page
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Blackhorse Lane Atelier Ltd Company Information for the year ended 30 June 2023
Director
Mr Bileghan Ates
Company Number
09648009 (England and Wales)
Registered Office
114b Blackhorse Lane London E17 6AA
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Blackhorse Lane Atelier Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,755 
6,394 
Tangible assets
216,580 
286,779 
222,335 
293,173 
Current assets
Inventories
320,000 
294,365 
Debtors
139,498 
155,203 
Cash at bank and in hand
37,914 
2,816 
497,412 
452,384 
Creditors: amounts falling due within one year
(351,727)
(407,673)
Net current assets
145,685 
44,711 
Total assets less current liabilities
368,020 
337,884 
Creditors: amounts falling due after more than one year
(182,073)
(214,981)
Net assets
185,947 
122,903 
Capital and reserves
Share premium
64,000 
64,000 
Profit and loss account
121,947 
58,903 
Shareholders' funds
185,947 
122,903 
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 28 March 2024 and were signed on its behalf by
Mr Bileghan Ates Director Company Registration No. 09648009
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Blackhorse Lane Atelier Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Blackhorse Lane Atelier Ltd is a private company, limited by shares, registered in England and Wales, registration number 09648009. The registered office is 114b Blackhorse Lane, London, E17 6AA.
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.
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
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Government grants
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.
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 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.
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Blackhorse Lane Atelier Ltd Notes to the Accounts for the year ended 30 June 2023
Inventories
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.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 July 2022
6,916 
At 30 June 2023
6,916 
Amortisation
At 1 July 2022
522 
Charge for the year
639 
At 30 June 2023
1,161 
Net book value
At 30 June 2023
5,755 
At 30 June 2022
6,394 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2022
419,503 
Additions
1,750 
At 30 June 2023
421,253 
Depreciation
At 1 July 2022
132,724 
Charge for the year
71,949 
At 30 June 2023
204,673 
Net book value
At 30 June 2023
216,580 
At 30 June 2022
286,779 
6
Pension commitments
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
7
Average number of employees
During the year the average number of employees was 29 (2022: 29).
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