Registered number
12958192
Blackbird Associates Ltd
Filleted Accounts
For the year ended 31 October 2023
Blackbird Associates Ltd
Registered number: 12958192
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 325 530
Current assets
Debtors 4 947 1,782
Cash at bank and in hand 103,234 104,020
104,181 105,802
Creditors: amounts falling due within one year 5 (35,921) (12,169)
Net current assets 68,260 93,633
Total assets less current liabilities 68,585 94,163
Provisions for liabilities (62) (101)
Net assets 68,523 94,062
Capital and reserves
Called up share capital 10 10
Profit and loss account 68,513 94,052
Shareholders' funds 68,523 94,062
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 29 July 2024
B Becar
Director
Blackbird Associates Ltd
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is recognised by reference to the completion of the services provided.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, and equipment 25% per annum on cost
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. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Fixtures fittings and equipment
£
Cost
At 1 November 2022 820
Additions -
Disposals -
At 31 October 2023 820
Depreciation
At 1 November 2022 290
Charge for the year 205
At 31 October 2023 495
Net book value
At 31 October 2023 325
At 31 October 2022 530
4 Debtors 2023 2022
£ £
Other debtors 947 1,782
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 35,921 12,169
6 Other information
Blackbird Associates Ltd is a private company limited by shares and incorporated in England. Its registered office is 95 Crookston Road, London SE9 1YF.
Blackbird Associates Ltd 12958192 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2022 B Becar No description of principal activity 12958192 2021-11-01 2022-10-31 12958192 core:WithinOneYear 2022-10-31 12958192 core:ShareCapital 2022-10-31 12958192 core:RetainedEarningsAccumulatedLosses 2022-10-31 12958192 2022-11-01 2023-10-31 12958192 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12958192 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12958192 bus:Director40 2022-11-01 2023-10-31 12958192 1 2022-11-01 2023-10-31 12958192 2 2022-11-01 2023-10-31 12958192 core:PlantMachinery 2022-11-01 2023-10-31 12958192 countries:England 2022-11-01 2023-10-31 12958192 bus:FRS102 2022-11-01 2023-10-31 12958192 bus:FullAccounts 2022-11-01 2023-10-31 12958192 2023-10-31 12958192 core:WithinOneYear 2023-10-31 12958192 core:ShareCapital 2023-10-31 12958192 core:RetainedEarningsAccumulatedLosses 2023-10-31 12958192 core:PlantMachinery 2023-10-31 12958192 2022-10-31 12958192 core:PlantMachinery 2022-10-31 iso4217:GBP xbrli:pure