IRIS Accounts Production v24.3.2.46 05765905 director 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057659052023-04-30057659052024-04-30057659052023-05-012024-04-30057659052022-04-30057659052022-05-012023-04-30057659052023-04-3005765905ns15:EnglandWales2023-05-012024-04-3005765905ns14:PoundSterling2023-05-012024-04-3005765905ns10:Director12023-05-012024-04-3005765905ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005765905ns10:SmallEntities2023-05-012024-04-3005765905ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005765905ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005765905ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005765905ns10:FullAccounts2023-05-012024-04-300576590512023-05-012024-04-3005765905ns10:CompanySecretary12023-05-012024-04-3005765905ns10:RegisteredOffice2023-05-012024-04-3005765905ns5:CurrentFinancialInstruments2024-04-3005765905ns5:CurrentFinancialInstruments2023-04-3005765905ns5:ShareCapital2024-04-3005765905ns5:ShareCapital2023-04-3005765905ns5:RetainedEarningsAccumulatedLosses2024-04-3005765905ns5:RetainedEarningsAccumulatedLosses2023-04-3005765905ns5:NetGoodwill2023-05-012024-04-3005765905ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005765905ns5:NetGoodwill2023-04-3005765905ns5:NetGoodwill2024-04-3005765905ns5:NetGoodwill2023-04-3005765905ns5:PlantMachinery2023-04-3005765905ns5:PlantMachinery2023-05-012024-04-3005765905ns5:PlantMachinery2024-04-3005765905ns5:PlantMachinery2023-04-3005765905ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3005765905ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 05765905 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Black Swan Tyre and Exhaust Centre
Limited

Black Swan Tyre and Exhaust Centre
Limited (Registered number: 05765905)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Black Swan Tyre and Exhaust Centre
Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: D T Cole





SECRETARY:





REGISTERED OFFICE: First Floor Office
Westerham Garage
190 London Road
Westerham
Kent
TN16 3DJ





REGISTERED NUMBER: 05765905 (England and Wales)





ACCOUNTANTS: AFS Accountants
1st Floor Office
190 London Road
Westerham
Kent
TN16 2DJ

Black Swan Tyre and Exhaust Centre
Limited (Registered number: 05765905)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,859 9,758
8,859 9,758

CURRENT ASSETS
Debtors 6 3,498 6,432
Cash at bank 9,724 1,056
13,222 7,488
CREDITORS
Amounts falling due within one year 7 247,151 274,450
NET CURRENT LIABILITIES (233,929 ) (266,962 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(225,070

)

(257,204

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (225,170 ) (257,304 )
SHAREHOLDERS' FUNDS (225,070 ) (257,204 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2025 and were signed by:




D T Cole - Director


Black Swan Tyre and Exhaust Centre
Limited (Registered number: 05765905)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Black Swan Tyre and Exhaust Centre 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 111,492
AMORTISATION
At 1 May 2023
and 30 April 2024 111,492
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

Black Swan Tyre and Exhaust Centre
Limited (Registered number: 05765905)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 96,797
Additions 2,054
At 30 April 2024 98,851
DEPRECIATION
At 1 May 2023 87,039
Charge for year 2,953
At 30 April 2024 89,992
NET BOOK VALUE
At 30 April 2024 8,859
At 30 April 2023 9,758

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors - 6,432
Other debtors 3,498 -
3,498 6,432

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 31,703
Trade creditors 4,554 18,111
Taxation and social security 7,378 11,792
Other creditors 235,219 212,844
247,151 274,450