Blackbird Services Limited 00393212 false 2023-02-05 2024-02-04 2024-02-04 The principal activity of the company is holding various investments Digita Accounts Production Advanced 6.30.9574.0 true 00393212 2023-02-05 2024-02-04 00393212 2024-02-04 00393212 bus:OrdinaryShareClass1 2024-02-04 00393212 bus:OrdinaryShareClass2 2024-02-04 00393212 bus:OrdinaryShareClass3 2024-02-04 00393212 bus:OrdinaryShareClass4 2024-02-04 00393212 bus:OrdinaryShareClass5 2024-02-04 00393212 core:OtherMiscellaneousReserve 2024-02-04 00393212 core:OtherReservesSubtotal 2024-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2024-02-04 00393212 core:ShareCapital 2024-02-04 00393212 core:CurrentFinancialInstruments 2024-02-04 00393212 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-04 00393212 bus:SmallEntities 2023-02-05 2024-02-04 00393212 bus:AuditExemptWithAccountantsReport 2023-02-05 2024-02-04 00393212 bus:FullAccounts 2023-02-05 2024-02-04 00393212 bus:SmallCompaniesRegimeForAccounts 2023-02-05 2024-02-04 00393212 bus:RegisteredOffice 2023-02-05 2024-02-04 00393212 bus:Director1 2023-02-05 2024-02-04 00393212 bus:Director2 2023-02-05 2024-02-04 00393212 bus:Director3 2023-02-05 2024-02-04 00393212 bus:OrdinaryShareClass1 2023-02-05 2024-02-04 00393212 bus:OrdinaryShareClass2 2023-02-05 2024-02-04 00393212 bus:OrdinaryShareClass3 2023-02-05 2024-02-04 00393212 bus:OrdinaryShareClass4 2023-02-05 2024-02-04 00393212 bus:OrdinaryShareClass5 2023-02-05 2024-02-04 00393212 bus:PrivateLimitedCompanyLtd 2023-02-05 2024-02-04 00393212 core:OtherMiscellaneousReserve 2023-02-05 2024-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2023-02-05 2024-02-04 00393212 core:ShareCapital 2023-02-05 2024-02-04 00393212 countries:England 2023-02-05 2024-02-04 00393212 2023-02-04 00393212 core:OtherMiscellaneousReserve 2023-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2023-02-04 00393212 core:ShareCapital 2023-02-04 00393212 2022-02-05 2023-02-04 00393212 2023-02-04 00393212 bus:OrdinaryShareClass1 2023-02-04 00393212 bus:OrdinaryShareClass2 2023-02-04 00393212 bus:OrdinaryShareClass3 2023-02-04 00393212 bus:OrdinaryShareClass4 2023-02-04 00393212 bus:OrdinaryShareClass5 2023-02-04 00393212 core:OtherReservesSubtotal 2023-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2023-02-04 00393212 core:ShareCapital 2023-02-04 00393212 core:CurrentFinancialInstruments 2023-02-04 00393212 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-04 00393212 core:OtherMiscellaneousReserve 2022-02-05 2023-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2022-02-05 2023-02-04 00393212 core:ShareCapital 2022-02-05 2023-02-04 00393212 2022-02-04 00393212 core:OtherMiscellaneousReserve 2022-02-04 00393212 core:RetainedEarningsAccumulatedLosses 2022-02-04 00393212 core:ShareCapital 2022-02-04 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 00393212

Blackbird Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 4 February 2024

(filleted for filing purposes)

 

Contents

Company Information

1

Balance Sheet

2 to 3

Statement of Changes in Equity

4

Notes to the Unaudited Financial Statements

5 to 7

 

Company Information

Directors

CJ Smith

L F Smith

ZS Lapping

Registered office

32 Stonar Close
Sandwich
Kent
CT13 9LH

 

(Registration number: 00393212)
Balance Sheet as at 4 February 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

338,000

338,000

Current assets

 

Debtors

5

-

1,250

Cash at bank and in hand

 

349,080

100,236

 

349,080

101,486

Creditors: Amounts falling due within one year

6

(256,426)

(7,566)

Net current assets

 

92,654

93,920

Total assets less current liabilities

 

430,654

431,920

Provisions for liabilities

(26,213)

(26,213)

Net assets

 

404,441

405,707

Capital and reserves

 

Called up share capital

7

1,004

1,004

Other reserves

217,121

217,121

Retained earnings

186,316

187,582

Shareholders' funds

 

404,441

405,707

 

(Registration number: 00393212)
Balance Sheet as at 4 February 2024

For the financial year ending 4 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 March 2024 and signed on its behalf by:
 

.........................................
CJ Smith
Director

.........................................
L F Smith
Director

 

Statement of Changes in Equity for the Year Ended 4 February 2024

Share capital
£

Non-distributable reserve
£

Retained earnings
£

Total
£

At 5 February 2023

1,004

217,121

187,582

405,707

Profit for the year

-

-

13,734

13,734

Dividends

-

-

(15,000)

(15,000)

At 4 February 2024

1,004

217,121

186,316

404,441

Share capital
£

Non-distributable reserve
£

Retained earnings
£

Total
£

At 5 February 2022

1,004

218,170

190,186

409,360

Profit for the year

-

-

12,396

12,396

Dividends

-

-

(15,000)

(15,000)

Transfers

-

(1,049)

-

(1,049)

At 4 February 2023

1,004

217,121

187,582

405,707

 

Notes to the Unaudited Financial Statements for the Year Ended 4 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
32 Stonar Close
Sandwich
Kent
CT13 9LH
England

These financial statements were authorised for issue by the Board on 4 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

Notes to the Unaudited Financial Statements for the Year Ended 4 February 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Notes to the Unaudited Financial Statements for the Year Ended 4 February 2024

4

Investment properties

2024
£

At 5 February

338,000

At 4 February

338,000

The investment properties were valued on 4 February 2022 by the directors to give a fair value. The basis of this valuation was the open market. The investment properties have a current value of £338,000 (2023 £338,000) and a carrying amount at historical cost of £94,666 (2023 £94,666).

There has been no valuation of investment properties by an independent valuer.

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

1,250

 

-

1,250

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Other related parties

251,691

817

Other creditors

 

4,735

6,749

 

256,426

7,566

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary A of £1 each

1,000

1,000

1,000

1,000

Ordinary A of £1 each

1

1

1

1

Ordinary B of £1 each

1

1

1

1

Ordinary C of £1 each

1

1

1

1

Ordinary D of £1 each

1

1

1

1

 

1,004

1,004

1,004

1,004