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REGISTERED NUMBER: 11453085 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

BLACK AND WHITE EFFECTS LTD

BLACK AND WHITE EFFECTS LTD (REGISTERED NUMBER: 11453085)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLACK AND WHITE EFFECTS LTD

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr L Wright





REGISTERED OFFICE: 1&2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB





REGISTERED NUMBER: 11453085 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

BLACK AND WHITE EFFECTS LTD (REGISTERED NUMBER: 11453085)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,086 9,110

CURRENT ASSETS
Cash at bank 30,819 12,364

CREDITORS
Amounts falling due within one year 5 12,515 25,207
NET CURRENT ASSETS/(LIABILITIES) 18,304 (12,843 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,390

(3,733

)

CREDITORS
Amounts falling due after more than one
year

6

7,200

10,500
NET ASSETS/(LIABILITIES) 20,190 (14,233 )

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 20,189 (14,234 )
SHAREHOLDERS' FUNDS 20,190 (14,233 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 30 April 2024 and were signed by:




Mr L Wright - Director


BLACK AND WHITE EFFECTS LTD (REGISTERED NUMBER: 11453085)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Black and White Effects Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 21,594 - 21,594
Additions - 2,719 2,719
At 31 July 2023 21,594 2,719 24,313
DEPRECIATION
At 1 August 2022 12,484 - 12,484
Charge for year 2,278 465 2,743
At 31 July 2023 14,762 465 15,227
NET BOOK VALUE
At 31 July 2023 6,832 2,254 9,086
At 31 July 2022 9,110 - 9,110

BLACK AND WHITE EFFECTS LTD (REGISTERED NUMBER: 11453085)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 3,300 3,600
Hire purchase contracts - 1,099
Taxation and social security 7,739 -
Other creditors 1,476 20,508
12,515 25,207

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 7,200 10,500

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 August 2022 (14,234 )
Profit for the year 52,423
Dividends (18,000 )
At 31 July 2023 20,189