Registered number
05895737
Black Lake (UK) Ltd
Unaudited Filleted Accounts
31 December 2023
Black Lake (UK) Ltd
Registered number: 05895737
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 29,629 9,019
Current assets
Debtors 4 159,470 209,804
Cash at bank and in hand 10,822 -
170,292 209,804
Creditors: amounts falling due within one year 5 (76,434) (76,002)
Net current assets 93,858 133,802
Total assets less current liabilities 123,487 142,821
Creditors: amounts falling due after more than one year 6 (114,423) (118,339)
Provisions for liabilities (7,407) -
Net assets 1,657 24,482
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 657 23,482
Shareholders' funds 1,657 24,482
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P Millican
Director
Approved by the board on 25 March 2024
Black Lake (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Motor Vehicles Fixutures and Fittings Office Equipment Total
£ £ £ £
Cost
At 1 January 2023 - 4,352 19,090 23,442
Additions 23,995 - - 23,995
At 31 December 2023 23,995 4,352 19,090 47,437
Depreciation
At 1 January 2023 - 653 13,770 14,423
Charge for the year 1,500 555 1,330 3,385
At 31 December 2023 1,500 1,208 15,100 17,808
Net book value
At 31 December 2023 22,495 3,144 3,990 29,629
At 31 December 2022 - 3,699 5,320 9,019
4 Debtors 2023 2022
£ £
Trade debtors 75,247 67,145
Director's loan account 65,906 142,659
Corporation tax recoverable 1,235 -
Other debtors 17,082 -
159,470 209,804
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 22,500 35,756
Obligations under finance lease and hire purchase contracts 6,000 -
Trade creditors 6,523 11,539
Corporation tax 12,280 4,070
Other taxes and social security costs 5,596 3,298
VAT 22,745 20,579
Accruals 790 760
76,434 76,002
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 97,928 118,339
Obligations under finance lease and hire purchase contracts 16,495 -
114,423 118,339
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
P R Millican
[Loan 1] 142,659 - (139,000) 3,659
[Loan 2] - 62,247 - 62,247
142,659 62,247 (139,000) 65,906
8 Other information
Black Lake (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
127 Monkswell House
Manse Lane
Knaresborough
HG5 8NQ
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