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REGISTERED NUMBER: 13014604 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Black Fox Finance Ltd

Black Fox Finance Ltd (Registered number: 13014604)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Black Fox Finance Ltd

Company Information
for the year ended 30 November 2023







DIRECTOR: J T Nevison Grainger





REGISTERED OFFICE: The Black Fox Barrells Road
Thurston
Bury St. Edmunds
Suffolk
IP31 3SF





REGISTERED NUMBER: 13014604 (England and Wales)





ACCOUNTANTS: FWD Accounts Limited
7 Forbes Business Centre
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR

Black Fox Finance Ltd (Registered number: 13014604)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 13,530 1,316

CURRENT ASSETS
Debtors 4 58,001 9,710
Cash at bank 41,629 14,808
99,630 24,518
CREDITORS
Amounts falling due within one year 5 45,993 16,315
NET CURRENT ASSETS 53,637 8,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,167

9,519

CREDITORS
Amounts falling due after more than one
year

6

(3,482

)

-

PROVISIONS FOR LIABILITIES (3,383 ) (250 )
NET ASSETS 60,302 9,269

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,202 9,169
60,302 9,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





J T Nevison Grainger - Director


Black Fox Finance Ltd (Registered number: 13014604)

Notes to the Financial Statements
for the year ended 30 November 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Black Fox Finance Ltd (Registered number: 13014604)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 1,436
Additions 15,678
At 30 November 2023 17,114
DEPRECIATION
At 1 December 2022 120
Charge for year 3,464
At 30 November 2023 3,584
NET BOOK VALUE
At 30 November 2023 13,530
At 30 November 2022 1,316

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 14,773 2,884
Other debtors 43,228 6,826
58,001 9,710

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Hire purchase contracts 1,494 -
Taxation and social security 39,175 16,207
Other creditors 5,324 108
45,993 16,315

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/11/23 30/11/22
£    £   
Hire purchase contracts 3,482 -

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30/11/23 30/11/22
£    £   
J T Nevison Grainger
Balance outstanding at start of year 6,826 7,916
Amounts advanced 22,890 60,310
Amounts repaid - (61,400 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,716 6,826

Repayment of £30,000 was made by Justin Nevison-Grainger on 8th August 2024.