Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312false2No description of principal activity2023-01-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10705334 2023-01-01 2023-12-31 10705334 2022-01-01 2022-12-31 10705334 2023-12-31 10705334 2022-12-31 10705334 c:Director1 2023-01-01 2023-12-31 10705334 d:FurnitureFittings 2023-01-01 2023-12-31 10705334 d:FurnitureFittings 2023-12-31 10705334 d:FurnitureFittings 2022-12-31 10705334 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10705334 d:CurrentFinancialInstruments 2023-12-31 10705334 d:CurrentFinancialInstruments 2022-12-31 10705334 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10705334 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10705334 d:ShareCapital 2023-12-31 10705334 d:ShareCapital 2022-12-31 10705334 d:RetainedEarningsAccumulatedLosses 2023-12-31 10705334 d:RetainedEarningsAccumulatedLosses 2022-12-31 10705334 c:FRS102 2023-01-01 2023-12-31 10705334 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10705334 c:FullAccounts 2023-01-01 2023-12-31 10705334 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10705334 2 2023-01-01 2023-12-31 10705334 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 10705334









BLACK MILE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BLACK MILE LIMITED
REGISTERED NUMBER: 10705334

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,746
2,329

Current assets
  

Debtors: amounts falling due within one year
 5 
8,056
138,933

Cash at bank and in hand
 6 
684,671
550,806

  
692,727
689,739

Creditors: amounts falling due within one year
 7 
(11,978)
(44,794)

Net current assets
  
 
 
680,749
 
 
644,945

Total assets less current liabilities
  
682,495
647,274


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
682,493
647,272

  
682,495
647,274


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 September 2024.




M Woodward
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
BLACK MILE LIMITED
REGISTERED NUMBER: 10705334
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Page 2

 
BLACK MILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Black Mile Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company’s registered office is 101 New Cavendish Street, 1st Floor South, London W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
BLACK MILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
BLACK MILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 January 2023
12,167



At 31 December 2023

12,167



Depreciation


At 1 January 2023
9,838


Charge for the year on owned assets
583



At 31 December 2023

10,421



Net book value



At 31 December 2023
1,746



At 31 December 2022
2,329

Page 5

 
BLACK MILE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
8,056
-

Other debtors
-
138,933



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
684,671
550,806



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
8,398
909

Other taxation and social security
2,080
119

Other creditors
-
42,266

Accruals and deferred income
1,500
1,500

11,978
44,794


 
Page 6