Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10169509 Mr T Warren Mr J Powell Mr I Smallwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10169509 2023-03-31 10169509 2024-03-31 10169509 2023-04-01 2024-03-31 10169509 frs-core:CurrentFinancialInstruments 2024-03-31 10169509 frs-core:PlantMachinery 2024-03-31 10169509 frs-core:PlantMachinery 2023-04-01 2024-03-31 10169509 frs-core:PlantMachinery 2023-03-31 10169509 frs-core:CapitalRedemptionReserve 2024-03-31 10169509 frs-core:ShareCapital 2024-03-31 10169509 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 10169509 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10169509 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10169509 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10169509 frs-bus:SmallEntities 2023-04-01 2024-03-31 10169509 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10169509 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10169509 frs-core:CostValuation 2023-03-31 10169509 frs-core:AdditionsToInvestments 2024-03-31 10169509 frs-core:CostValuation 2024-03-31 10169509 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 10169509 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10169509 frs-bus:Director1 2023-04-01 2024-03-31 10169509 frs-bus:Director2 2023-04-01 2024-03-31 10169509 frs-bus:Director3 2023-04-01 2024-03-31 10169509 frs-countries:EnglandWales 2023-04-01 2024-03-31 10169509 2022-03-31 10169509 2023-03-31 10169509 2022-04-01 2023-03-31 10169509 frs-core:CurrentFinancialInstruments 2023-03-31 10169509 frs-core:CapitalRedemptionReserve 2022-03-31 10169509 frs-core:CapitalRedemptionReserve 2023-03-31 10169509 frs-core:ShareCapital 2022-03-31 10169509 frs-core:ShareCapital 2023-03-31 10169509 frs-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 10169509 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-03-31 10169509 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10169509
Blackfish Engineering Design Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 10169509
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,056 17,767
Investments 5 1 -
25,057 17,767
CURRENT ASSETS
Debtors 6 312,225 345,228
Cash at bank and in hand 107,936 170,383
420,161 515,611
Creditors: Amounts Falling Due Within One Year 7 (93,637 ) (155,774 )
NET CURRENT ASSETS (LIABILITIES) 326,524 359,837
TOTAL ASSETS LESS CURRENT LIABILITIES 351,581 377,604
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,789 ) (3,376 )
NET ASSETS 346,792 374,228
CAPITAL AND RESERVES
Called up share capital 8 75 75
Capital redemption reserve 25 25
Profit and Loss Account 346,692 374,128
SHAREHOLDERS' FUNDS 346,792 374,228
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Powell
Director
21/10/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Capital Redemption Profit and Loss Account Total
£ £ £ £
As at 1 April 2022 75 25 402,252 402,352
Profit for the year and total comprehensive income - - 96,166 96,166
Dividends paid - - (124,290) (124,290)
As at 31 March 2023 and 1 April 2023 75 25 374,128 374,228
Profit for the year and total comprehensive income - - 8,564 8,564
Dividends paid - - (36,000) (36,000)
As at 31 March 2024 75 25 346,692 346,792
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Blackfish Engineering Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10169509 . The registered office is Unit 4, Corum 2 Crown Way, Warmley, Bristol, BS30 8FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line and 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 12)
14 12
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 54,416
Additions 19,434
As at 31 March 2024 73,850
Depreciation
As at 1 April 2023 36,649
Provided during the period 12,145
As at 31 March 2024 48,794
Net Book Value
As at 31 March 2024 25,056
As at 1 April 2023 17,767
5. Investments
Subsidiaries
£
Cost
As at 1 April 2023 -
Additions 1
As at 31 March 2024 1
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 -
The investment represents the 100% holding of Blackfish Scotland Limited.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 246,883 210,963
Other debtors 65,342 134,265
312,225 345,228
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,521 70,912
Corporation tax 5,217 5,217
Other taxes and social security 15,466 -
VAT 25,967 40,744
Other creditors 10,873 4,590
Accruals and deferred income 19,593 34,311
93,637 155,774
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 75 75
Page 6