Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01falsefestival organiser66truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10860054 2023-08-01 2024-07-31 10860054 2022-08-01 2023-07-31 10860054 2024-07-31 10860054 2023-07-31 10860054 c:Director3 2023-08-01 2024-07-31 10860054 d:PlantMachinery 2023-08-01 2024-07-31 10860054 d:PlantMachinery 2024-07-31 10860054 d:PlantMachinery 2023-07-31 10860054 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10860054 d:OfficeEquipment 2023-08-01 2024-07-31 10860054 d:OfficeEquipment 2024-07-31 10860054 d:OfficeEquipment 2023-07-31 10860054 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10860054 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10860054 d:CurrentFinancialInstruments 2024-07-31 10860054 d:CurrentFinancialInstruments 2023-07-31 10860054 d:Non-currentFinancialInstruments 2024-07-31 10860054 d:Non-currentFinancialInstruments 2023-07-31 10860054 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10860054 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10860054 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 10860054 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 10860054 d:ShareCapital 2024-07-31 10860054 d:ShareCapital 2023-07-31 10860054 d:SharePremium 2024-07-31 10860054 d:SharePremium 2023-07-31 10860054 d:RetainedEarningsAccumulatedLosses 2024-07-31 10860054 d:RetainedEarningsAccumulatedLosses 2023-07-31 10860054 c:OrdinaryShareClass1 2023-08-01 2024-07-31 10860054 c:OrdinaryShareClass1 2024-07-31 10860054 c:OrdinaryShareClass1 2023-07-31 10860054 c:FRS102 2023-08-01 2024-07-31 10860054 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10860054 c:AbridgedAccounts 2023-08-01 2024-07-31 10860054 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10860054 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 10860054












BLACK DEER LIVE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 31 JULY 2024



















 


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01483 755 399
hamlyns.com

 
BLACK DEER LIVE LIMITED
REGISTERED NUMBER: 10860054

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
1,827
-

  
1,827
-

Current assets
  

Debtors: amounts falling due within one year
 5 
258,017
243,472

Cash at bank and in hand
  
234,814
407,480

  
492,831
650,952

Creditors: amounts falling due within one year
 6 
(4,163,589)
(1,912,368)

Net current liabilities
  
 
 
(3,670,758)
 
 
(1,261,416)

Total assets less current liabilities
  
(3,668,931)
(1,261,416)

Creditors: amounts falling due after more than one year
  
-
(18,333)

  

Accruals and deferred income
  
-
-

Net assets excluding pension asset
  
(3,668,931)
(1,279,749)

Net liabilities
  
(3,668,931)
(1,279,749)


Capital and reserves
  

Called up share capital 
  
10,026
10,026

Share premium account
  
4,989,223
4,989,223

Profit and loss account
  
(8,668,180)
(6,278,998)

  
(3,668,931)
(1,279,749)


Page 1

 
BLACK DEER LIVE LIMITED
REGISTERED NUMBER: 10860054

BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 March 2025.


___________________________
Paul Michael Jackson
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BLACK DEER LIVE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Black Deer Live Limited is a private company, limited by shares, registered in England and Wales. The company's registered office is Sundial House, High Street, Horsell, Woking, Surrey, GU21 4SU. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis.  Continuing to trade depends upon the support of the company's shareholders.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.
 

Revenue also represents net invoices of goods and services, excluding value added tax. Revenue is recognised at the date the events are held. Income and deposits received for events held after the year end are included as deferred income.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BLACK DEER LIVE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
on cost
Office equipment
-
20%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
BLACK DEER LIVE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 August 2023
400
-
400


Additions
-
2,003
2,003



At 31 July 2024

400
2,003
2,403



Depreciation


At 1 August 2023
400
-
400


Charge for the year on owned assets
-
176
176



At 31 July 2024

400
176
576



Net book value



At 31 July 2024
-
1,827
1,827



At 31 July 2023
-
-
-


5.


Debtors

2024
2023
£
£


Trade debtors
71,660
243,472

Other debtors
186,357
-

258,017
243,472


Page 5

 
BLACK DEER LIVE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
10,000

Other loans
3,979,514
1,870,001

Trade creditors
172,189
14,662

Other taxation and social security
3,259
9,617

Other creditors
-
110

Accruals and deferred income
8,627
7,978

4,163,589
1,912,368



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
18,333

-
18,333



8.


Debentures and loans

Black Sea Entertainment LLC holds a floating charge over all property and undertakings of the company, in addition to a fixed charge and a negative pledge. 
Black Sea Entertainment LLC takes precedent over other subordinated creditors.


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,026 (2023 - 10,026) 1 shares of £1.00 each
10,026
10,026



Page 6