Blackford Partners Limited 04224820 false 2023-06-01 2023-12-31 2023-12-31 The principal activity of the company is the provision of consultancy services in the field of international economics. The company ceased trading on 31 December 2023 and the director is to apply to have the company struck off. Digita Accounts Production Advanced 6.30.9574.0 true true 04224820 2023-06-01 2023-12-31 04224820 2023-12-31 04224820 core:CurrentFinancialInstruments 2023-12-31 04224820 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04224820 core:FurnitureFittingsToolsEquipment 2023-12-31 04224820 bus:SmallEntities 2023-06-01 2023-12-31 04224820 bus:AuditExemptWithAccountantsReport 2023-06-01 2023-12-31 04224820 bus:FullAccounts 2023-06-01 2023-12-31 04224820 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2023-12-31 04224820 bus:RegisteredOffice 2023-06-01 2023-12-31 04224820 bus:Director1 2023-06-01 2023-12-31 04224820 bus:PrivateLimitedCompanyLtd 2023-06-01 2023-12-31 04224820 core:ComputerEquipment 2023-06-01 2023-12-31 04224820 core:FurnitureFittingsToolsEquipment 2023-06-01 2023-12-31 04224820 countries:EnglandWales 2023-06-01 2023-12-31 04224820 2023-05-31 04224820 core:FurnitureFittingsToolsEquipment 2023-05-31 04224820 2022-06-01 2023-05-31 04224820 2023-05-31 04224820 core:CurrentFinancialInstruments 2023-05-31 04224820 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 04224820 core:FurnitureFittingsToolsEquipment 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 04224820

Blackford Partners Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 June 2023 to 31 December 2023

 

Blackford Partners Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

Blackford Partners Limited

(Registration number: 04224820)
Balance Sheet as at 31 December 2023

Note

2023
£

2023
£

Fixed assets

 

Tangible assets

4

-

863

Current assets

 

Debtors

5

-

6,000

Cash at bank and in hand

 

513,249

490,776

 

513,249

496,776

Creditors: Amounts falling due within one year

6

(33,578)

(41,762)

Net current assets

 

479,671

455,014

Total assets less current liabilities

 

479,671

455,877

Provisions for liabilities

-

(164)

Net assets

 

479,671

455,713

Capital and reserves

 

Called up share capital

1

1

Retained earnings

479,670

455,712

Shareholders' funds

 

479,671

455,713

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 March 2024
 

.........................................
L J Brainard
Director

 

Blackford Partners Limited

Notes to the Financial Statements for the Period from 1 June 2023 to 31 December 2023

1

General information

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

The address of its registered office is:
Valley Farm
Blackford
Yeovil
Somerset
BA22 7EF

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax and discounts.

Tax

The tax expense for the period comprises current tax, and is recognised in profit or loss.

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.

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.

 

Blackford Partners Limited

Notes to the Financial Statements for the Period from 1 June 2023 to 31 December 2023

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% on cost

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

 

Blackford Partners Limited

Notes to the Financial Statements for the Period from 1 June 2023 to 31 December 2023

4

Tangible assets

Computer equipment
 £

Total
£

Cost or valuation

At 1 June 2023

8,511

8,511

Disposals

(8,511)

(8,511)

At 31 December 2023

-

-

Depreciation

At 1 June 2023

7,648

7,648

Charge for the period

(7,648)

(7,648)

At 31 December 2023

-

-

Net book value

At 31 December 2023

-

-

At 31 May 2023

863

863

5

Debtors

2023
£

2023
£

Trade debtors

-

6,000

-

6,000

6

Creditors

Amounts falling due within one year

2023
£

2023
£

Due within one year

Taxation and social security

975

3,762

Other creditors

26,426

26,637

Corporation tax

6,177

11,363

33,578

41,762