Black Pines Group Limited 14754152 false 2023-03-24 2024-03-31 2024-03-31 The principal activity of the company is that of the provision of specialised construction services. Digita Accounts Production Advanced 6.30.9574.0 true 14754152 2023-03-24 2024-03-31 14754152 2024-03-31 14754152 core:RetainedEarningsAccumulatedLosses 2024-03-31 14754152 core:ShareCapital 2024-03-31 14754152 core:CurrentFinancialInstruments 2024-03-31 14754152 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14754152 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 14754152 core:FurnitureFittingsToolsEquipment 2024-03-31 14754152 core:MotorVehicles 2024-03-31 14754152 core:OtherPropertyPlantEquipment 2024-03-31 14754152 bus:SmallEntities 2023-03-24 2024-03-31 14754152 bus:AuditExemptWithAccountantsReport 2023-03-24 2024-03-31 14754152 bus:FullAccounts 2023-03-24 2024-03-31 14754152 bus:SmallCompaniesRegimeForAccounts 2023-03-24 2024-03-31 14754152 bus:RegisteredOffice 2023-03-24 2024-03-31 14754152 bus:Director1 2023-03-24 2024-03-31 14754152 bus:PrivateLimitedCompanyLtd 2023-03-24 2024-03-31 14754152 core:ComputerSoftware 2023-03-24 2024-03-31 14754152 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-24 2024-03-31 14754152 core:FurnitureFittingsToolsEquipment 2023-03-24 2024-03-31 14754152 core:MotorVehicles 2023-03-24 2024-03-31 14754152 core:OfficeEquipment 2023-03-24 2024-03-31 14754152 core:OtherPropertyPlantEquipment 2023-03-24 2024-03-31 14754152 core:PlantMachinery 2023-03-24 2024-03-31 14754152 countries:EnglandWales 2023-03-24 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 14754152

Black Pines Group Limited

Filleted Unaudited Financial Statements

for the Period from 24 March 2023 to 31 March 2024

 

Black Pines Group Limited
(Registration number: 14754152)

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Black Pines Group Limited
(Registration number: 14754152)

Company Information

Director

Mr H Darkin

Registered office

28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Accountants

Thompson Jenner LLP
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

 

Black Pines Group Limited
(Registration number: 14754152)

Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Intangible assets

4

2,667

Tangible assets

5

69,701

 

72,368

Current assets

 

Stocks

6

21,644

Debtors

7

12,389

Cash at bank and in hand

 

128,732

 

162,765

Creditors: Amounts falling due within one year

8

(163,484)

Net current liabilities

 

(719)

Total assets less current liabilities

 

71,649

Provisions for liabilities

(17,425)

Net assets

 

54,224

Capital and reserves

 

Called up share capital

2

Profit and loss account

54,222

Total equity

 

54,224

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

Black Pines Group Limited
(Registration number: 14754152)

Balance Sheet as at 31 March 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 2 December 2024
 

.........................................
Mr H Darkin
Director

 

Black Pines Group Limited
(Registration number: 14754152)

Notes to the Unaudited Financial Statements for the Period from 24 March 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD
England & Wales

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

Black Pines Group Limited
(Registration number: 14754152)

Notes to the Unaudited Financial Statements for the Period from 24 March 2023 to 31 March 2024

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% straight line

Plant & machinery

25% straight line

Motor vehicles

25% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Black Pines Group Limited
(Registration number: 14754152)

Notes to the Unaudited Financial Statements for the Period from 24 March 2023 to 31 March 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Black Pines Group Limited
(Registration number: 14754152)

Notes to the Unaudited Financial Statements for the Period from 24 March 2023 to 31 March 2024

4

Intangible assets

Internally generated software development costs
 £

Total
£

Cost or valuation

Additions acquired separately

4,000

4,000

At 31 March 2024

4,000

4,000

Amortisation

Amortisation charge

1,333

1,333

At 31 March 2024

1,333

1,333

Carrying amount

At 31 March 2024

2,667

2,667

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

Additions

1,923

50,093

24,094

76,110

At 31 March 2024

1,923

50,093

24,094

76,110

Depreciation

Charge for the period

385

-

6,024

6,409

At 31 March 2024

385

-

6,024

6,409

Carrying amount

At 31 March 2024

1,538

50,093

18,070

69,701

6

Stocks

2024
£

Raw materials and consumables

21,644

 

Black Pines Group Limited
(Registration number: 14754152)

Notes to the Unaudited Financial Statements for the Period from 24 March 2023 to 31 March 2024

7

Debtors

2024
£

Trade debtors

360

Other debtors

10,651

Prepayments and accrued income

1,378

Total current trade and other debtors

12,389

8

Creditors

2024
£

Due within one year

Taxation and social security

23,173

Other creditors

2,418

Accrued expenses

55,393

Deferred income

82,500

163,484