BLACKCAP SERVICES LTD

Company Registration Number:
10142943 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

BLACKCAP SERVICES LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BLACKCAP SERVICES LTD

Company Information

for the Period Ended 30 April 2024




Director: Mr K Karunanayake
Registered office: 3rd Floor Suite
207 Regent Street
London
England
W1B 3HH
Company Registration Number: 10142943 (England and Wales)

BLACKCAP SERVICES LTD

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company's principal activity during the period under review was that of IT Consultancy and Project Management services.

Additional information

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Mr K Karunanayake

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: Mr K Karunanayake
Status: Director

BLACKCAP SERVICES LTD

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 15,137 7,962
Gross Profit or (Loss) 15,137 7,962
Administrative Expenses ( 9,864 ) ( 9,772 )
Operating Profit or (Loss) 5,273 ( 1,810 )
Interest Receivable and Similar Income 3,397 1,292
Profit or (Loss) Before Tax 8,670 ( 518 )
Tax on Profit ( 1,681 ) ( 0 )
Profit or (Loss) for Period 6,989 ( 518 )

The notes form part of these financial statements

BLACKCAP SERVICES LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 605 780
Total fixed assets: 605 780
Current assets
Debtors: 5 1,400 3,412
Cash at bank and in hand: 122,368 111,510
Total current assets: 123,768 114,922
Creditors: amounts falling due within one year: 6 ( 1,681 ) ( 0 )
Net current assets (liabilities): 122,087 114,922
Total assets less current liabilities: 122,692 115,702
Total net assets (liabilities): 122,692 115,702

The notes form part of these financial statements

BLACKCAP SERVICES LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 122,691 115,701
Shareholders funds: 122,692 115,702

For the year ending 30 April 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: Mr K Karunanayake
Status: Director

The notes form part of these financial statements

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    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:
    Plant and machinery: over 5 years

    Other accounting policies

    Debtors: Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors: Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 May 2023 1,275 1,275
Additions 0 0
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 1,275 1,275
Depreciation
At 01 May 2023 495 495
Charge for year 175 175
On disposals - -
Other adjustments - -
At 30 April 2024 670 670
Net book value
At 30 April 2024 605 605
At 30 April 2023 780 780

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors


2024
£

2023
£
Other debtors 1,400 3,412
Total 1,400 3,412

BLACKCAP SERVICES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,681 0
Total 1,681 0