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REGISTERED NUMBER: 10192972 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

BLACKROSE EQUITY MANAGEMENT LTD

BLACKROSE EQUITY MANAGEMENT LTD (REGISTERED NUMBER: 10192972)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLACKROSE EQUITY MANAGEMENT LTD

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr D Cockcroft





REGISTERED OFFICE: 159 High Street
Barnet
Hertfordshire
EN5 5SU





REGISTERED NUMBER: 10192972 (England and Wales)





ACCOUNTANTS: Joshua Leigh & Co Ltd
159 High Street
Barnet
Hertfordshire
EN5 5SU

BLACKROSE EQUITY MANAGEMENT LTD (REGISTERED NUMBER: 10192972)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 5,257 7,010
Tangible assets 5 10,166 14,971
15,423 21,981

CURRENT ASSETS
Debtors 6 21,999 3,360
Cash at bank 477,273 77,231
499,272 80,591
CREDITORS
Amounts falling due within one year 7 (155,688 ) (8,231 )
NET CURRENT ASSETS 343,584 72,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

359,007

94,341

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 358,907 94,241
SHAREHOLDERS' FUNDS 359,007 94,341

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 February 2025 and were signed by:





Mr D Cockcroft - Director


BLACKROSE EQUITY MANAGEMENT LTD (REGISTERED NUMBER: 10192972)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Blackrose Equity Management Ltd 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 35% on reducing balance and 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BLACKROSE EQUITY MANAGEMENT LTD (REGISTERED NUMBER: 10192972)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 June 2023
and 31 May 2024 10,942
AMORTISATION
At 1 June 2023 3,932
Charge for year 1,753
At 31 May 2024 5,685
NET BOOK VALUE
At 31 May 2024 5,257
At 31 May 2023 7,010

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 27,710
DEPRECIATION
At 1 June 2023 12,739
Charge for year 4,805
At 31 May 2024 17,544
NET BOOK VALUE
At 31 May 2024 10,166
At 31 May 2023 14,971

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,471 -
Other debtors 3,528 3,360
21,999 3,360

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,600 149
Taxation and social security 139,297 4,618
Other creditors 10,791 3,464
155,688 8,231