1 June 2023 false No description of principal activity Taxfiler 2024.6 SC566994business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC5669942023-05-31 SC5669942023-06-012024-05-31 SC566994business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC566994business:FilletedAccounts2023-06-012024-05-31 SC5669942024-05-31 SC566994business:Director12023-06-012024-05-31 SC566994business:Director22023-06-012024-05-31 SC566994business:Director32023-06-012024-05-31 SC566994business:Director42023-06-012024-05-31 SC566994business:Director52023-06-012024-05-31 SC566994business:RegisteredOffice2023-06-012024-05-31 SC5669942023-05-31 SC566994core:WithinOneYear2024-05-31 SC566994core:WithinOneYear2023-05-31 SC566994core:AfterOneYear2024-05-31 SC566994core:AfterOneYear2023-05-31 SC566994core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC566994core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC566994core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC566994core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC566994core:PreviouslyStatedAmount2024-05-31 SC566994core:PreviouslyStatedAmount2023-05-31 SC566994business:SmallEntities2023-06-012024-05-31 SC566994countries:Scotland2023-06-012024-05-31 SC566994core:MotorVehicles2023-06-012024-05-31 SC566994core:FurnitureFittings2023-06-012024-05-31 SC566994core:ComputerEquipment2023-06-012024-05-31 SC566994core:MotorVehicles2023-05-31 SC566994core:FurnitureFittings2023-05-31 SC566994core:ComputerEquipment2023-05-31 SC566994core:MotorVehicles2024-05-31 SC566994core:FurnitureFittings2024-05-31 SC566994core:ComputerEquipment2024-05-31 SC566994core:DisposalsRepaymentsInvestments2024-05-31 SC5669942022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC566994 (Scotland)
Blackhall & Powis Ltd Unaudited accounts for the year ended 31 May 2024
Blackhall & Powis Ltd Unaudited accounts Contents
Page
- 2 -
Blackhall & Powis Ltd Company Information for the year ended 31 May 2024
Directors
Catriona Anne Maclachlan John Albert Mitchell Hillis Christopher Emmott- Mangnall Peter O’connell Philip Mellor
Company Number
SC566994 (Scotland)
Registered Office
C/O Clarity Accounting (Scotland) Ltd 20-23 Woodside Place Glasgow G3 7QL Scotland
Accountants
Clarity Accounting (Scotland) Ltd 20 - 23 Woodside Place Glasgow G3 7QL
- 3 -
Blackhall & Powis Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,282 
29,176 
Investments
3 
3,340 
46,285 
32,516 
Current assets
Inventories
133,982 
113,036 
Debtors
1,881,773 
1,077,891 
Cash at bank and in hand
1,049,780 
217,831 
3,065,535 
1,408,758 
Creditors: amounts falling due within one year
(1,561,373)
(884,369)
Net current assets
1,504,162 
524,389 
Total assets less current liabilities
1,550,447 
556,905 
Creditors: amounts falling due after more than one year
(1,093,717)
(225,579)
Provisions for liabilities
Deferred tax
(11,571)
(5,544)
Net assets
445,159 
325,782 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
445,059 
325,682 
Shareholders' funds
445,159 
325,782 
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by
John Albert Mitchell Hillis Director Company Registration No. SC566994
- 4 -
Blackhall & Powis Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Blackhall & Powis Ltd is a private company, limited by shares, registered in Scotland, registration number SC566994. The registered office is C/O Clarity Accounting (Scotland) Ltd, 20-23 Woodside Place, Glasgow, G3 7QL, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Blackhall & Powis Ltd Notes to the Accounts for the year ended 31 May 2024
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
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
11,200 
21,786 
23,579 
56,565 
Additions
- 
- 
27,696 
27,696 
At 31 May 2024
11,200 
21,786 
51,275 
84,261 
Depreciation
At 1 June 2023
3,343 
11,414 
12,632 
27,389 
Charge for the year
1,964 
2,628 
5,998 
10,590 
At 31 May 2024
5,307 
14,042 
18,630 
37,979 
Net book value
At 31 May 2024
5,893 
7,744 
32,645 
46,282 
At 31 May 2023
7,857 
10,372 
10,947 
29,176 
5
Investments
Other investments 
£ 
Valuation at 1 June 2023
3,340 
Disposals
(3,337)
Valuation at 31 May 2024
3 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,725,233 
1,054,970 
Amounts due from group undertakings etc.
89,672 
- 
Accrued income and prepayments
20,519 
17,088 
Other debtors
46,349 
5,833 
1,881,773 
1,077,891 
- 6 -
Blackhall & Powis Ltd Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
165,068 
74,308 
VAT
196,746 
162,906 
Trade creditors
199,986 
290,055 
Amounts owed to group undertakings and other participating interests
- 
1,909 
Taxes and social security
149,467 
74,905 
Other creditors
652,537 
194,155 
Loans from directors
- 
331 
Accruals
197,569 
85,800 
1,561,373 
884,369 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
229,138 
225,579 
Other creditors
864,579 
- 
1,093,717 
225,579 
9
Average number of employees
During the year the average number of employees was 42 (2023: 34).
- 7 -