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Company Registration No. 07555575 (England and Wales)
Blacktip Consultancy Ltd Unaudited accounts for the year ended 31 December 2023
Blacktip Consultancy Ltd Unaudited accounts Contents
Page
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Blacktip Consultancy Ltd Company Information for the year ended 31 December 2023
Directors
Graeme Forrest Anita Forrest
Company Number
07555575 (England and Wales)
Registered Office
71-75 Shelton St Covent Garden London WC2H 9JQ UK
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Blacktip Consultancy Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,665 
26,622 
Current assets
Debtors
698,633 
903,526 
Cash at bank and in hand
58,114 
4,700 
756,747 
908,226 
Creditors: amounts falling due within one year
(732,187)
(851,391)
Net current assets
24,560 
56,835 
Total assets less current liabilities
45,225 
83,457 
Creditors: amounts falling due after more than one year
(27,778)
(83,333)
Net assets
17,447 
124 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
17,446 
123 
Shareholders' funds
17,447 
124 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
Graeme Forrest Director Company Registration No. 07555575
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Blacktip Consultancy Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Blacktip Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 07555575. The registered office is 71-75 Shelton St, Covent Garden, London, WC2H 9JQ, UK.
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 financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sale taxes.
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:
Fixtures & fittings
33.33% on cost
Computer equipment
33.33% on cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
12,703 
61,972 
74,675 
Additions
- 
14,193 
14,193 
Disposals
(4,655)
- 
(4,655)
At 31 December 2023
8,048 
76,165 
84,213 
Depreciation
At 1 January 2023
12,014 
36,039 
48,053 
Charge for the year
689 
19,461 
20,150 
On disposals
(4,655)
- 
(4,655)
At 31 December 2023
8,048 
55,500 
63,548 
Net book value
At 31 December 2023
- 
20,665 
20,665 
At 31 December 2022
689 
25,933 
26,622 
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Blacktip Consultancy Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
616,742 
819,561 
Accrued income and prepayments
36,451 
32,690 
Other debtors
45,440 
51,275 
698,633 
903,526 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
55,556 
55,556 
VAT
102,017 
92,066 
Trade creditors
65,554 
113,522 
Taxes and social security
477,397 
457,538 
Accruals
24,713 
- 
Deferred income
6,950 
132,709 
732,187 
851,391 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,778 
83,333 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 31 (2022: 25).
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