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REGISTERED NUMBER: 10567022 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

BLCKWD LIMITED

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

BLCKWD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: G Blackwood
Mrs N Blackwood





REGISTERED OFFICE: 45 Queen Street
Deal
Kent
CT14 6EY





REGISTERED NUMBER: 10567022 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 719 1,741
Investments 5 77,804 35,266
78,523 37,007

CURRENT ASSETS
Debtors 6 48,011 36,835
Cash at bank 50,028 60,741
98,039 97,576
CREDITORS
Amounts falling due within one year 7 37,487 43,016
NET CURRENT ASSETS 60,552 54,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,075

91,567

PROVISIONS FOR LIABILITIES 8 3,371 -
NET ASSETS 135,704 91,567

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 14,371 (768 )
Retained earnings 121,233 92,235
SHAREHOLDERS' FUNDS 135,704 91,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by:





G Blackwood - Director


BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

BLCKWD Limited 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 financial statements are presented in round pounds 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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Tangible fixed assets are reviewed for impairment annually.
It is the policy of the Company to capitalise items with an estimated useful economic life in excess of three years, and in excess of £150.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 1,946 9,458 11,404
Additions 172 - 172
Disposals - (374 ) (374 )
At 31 January 2024 2,118 9,084 11,202
DEPRECIATION
At 1 February 2023 1,392 7,725 9,117
Charge for year 388 1,352 1,740
Eliminated on disposal - (374 ) (374 )
At 31 January 2024 1,780 8,703 10,483
NET BOOK VALUE
At 31 January 2024 338 381 719
At 31 January 2023 554 1,733 2,287

5. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2023 75 35,191 35,266
Additions - 31,636 31,636
Disposals - (7,248 ) (7,248 )
Revaluations - 18,150 18,150
At 31 January 2024 75 77,729 77,804
NET BOOK VALUE
At 31 January 2024 75 77,729 77,804
At 31 January 2023 75 35,191 35,266

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 January 2024 is represented by:

Interest
in Other
associate investments Totals
£    £    £   
Valuation in 2022 - 2,341 2,341
Valuation in 2023 - (3,289 ) (3,289 )
Valuation in 2024 - 18,690 18,690
Cost 75 59,987 60,062
75 77,729 77,804

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,000 5,000
Intercompany loan 37,487 31,655
Coinbase debtor 5,524 -
Deferred tax asset - 180
48,011 36,835

The following intercompany loans subsisted during the year.
House of Blackwood Limited

Amounts advanced £Nil (2023: £Nil).
Amounts due at the year end £5,000 (2023: £5,000).

The loan is interest free, and repayable upon demand.


Sibertswold Limited

Amounts advanced £5,000 (2023: £Nil).
Interest accrued during year £832 (2023: £781)
Amounts due at the year end £37,487 (2023: 31,655)

Interest is charged at 2.5%, and the loan is repayable upon demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 19,292 12,082
Social security and other taxes 145 -
VAT 8,007 7,565
Directors' current accounts 9,117 22,589
Accrued expenses 926 780
37,487 43,016

BLCKWD LIMITED (REGISTERED NUMBER: 10567022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. PROVISIONS FOR LIABILITIES
2024
£   
Deferred tax 3,371

Deferred
tax
£   
Balance at 1 February 2023 (180 )
Provided during year 3,551
Balance at 31 January 2024 3,371

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 February 2023 (768 )
Transfer to fair value reserve 15,139

At 31 January 2024 14,371

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors Loan Account
A Member of Key Management Personnel

The following Directors loans subsisted within the year;

Mr G Blackwood
During the year the Director advanced the Company £6,528 (2023: £322)
During the year the Company repaid the Director £20,000 (2023: £22)
As at 31 January 2024 the Company owed the Director £7,247 (2023: £20,719).

Mrs N Blackwood
During the year the Director advanced the Company £Nil (2023: £Nil)
During the year the Company repaid the Director £Nil (2023: £Nil)
As at 31 January 2024 the Company owed the Director £1,870 (2023: £1,870).

BLCKWD LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
BLCKWD LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages one to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY


Date: .............................................