Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseThe principal activity of the company continued to be that of importation of clothing.910falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05842044 2023-07-01 2024-06-30 05842044 2022-07-01 2023-06-30 05842044 2024-06-30 05842044 2023-06-30 05842044 c:Director1 2023-07-01 2024-06-30 05842044 d:FurnitureFittings 2023-07-01 2024-06-30 05842044 d:OtherPropertyPlantEquipment 2024-06-30 05842044 d:OtherPropertyPlantEquipment 2023-06-30 05842044 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05842044 d:CurrentFinancialInstruments 2024-06-30 05842044 d:CurrentFinancialInstruments 2023-06-30 05842044 d:Non-currentFinancialInstruments 2024-06-30 05842044 d:Non-currentFinancialInstruments 2023-06-30 05842044 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05842044 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05842044 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 05842044 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 05842044 d:ShareCapital 2024-06-30 05842044 d:ShareCapital 2023-06-30 05842044 d:RetainedEarningsAccumulatedLosses 2024-06-30 05842044 d:RetainedEarningsAccumulatedLosses 2023-06-30 05842044 c:OrdinaryShareClass1 2023-07-01 2024-06-30 05842044 c:OrdinaryShareClass1 2024-06-30 05842044 c:OrdinaryShareClass1 2023-06-30 05842044 c:OrdinaryShareClass2 2023-07-01 2024-06-30 05842044 c:OrdinaryShareClass2 2024-06-30 05842044 c:OrdinaryShareClass2 2023-06-30 05842044 c:FRS102 2023-07-01 2024-06-30 05842044 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05842044 c:FullAccounts 2023-07-01 2024-06-30 05842044 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05842044 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 05842044














BLACKSTONE DESIGN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
BLACKSTONE DESIGN LIMITED
 

CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 
BLACKSTONE DESIGN LIMITED
REGISTERED NUMBER:05842044

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
942
2,344

Current assets
  

Stocks
 5 
28,571
35,724

Debtors: amounts falling due within one year
 6 
225,680
199,401

Cash at bank and in hand
  
444,757
512,498

  
699,008
747,623

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(498,852)
(549,720)

Net current assets
  
 
 
200,156
 
 
197,903

Total assets less current liabilities
  
201,098
200,247

Creditors: amounts falling due after more than one year
 8 
(200,000)
(200,000)

Net assets
  
1,098
247


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
998
147

  
1,098
247


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.

Page 1

 
BLACKSTONE DESIGN LIMITED
REGISTERED NUMBER:05842044
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The company has opted not to file the statement of comprehensive income 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 27 March 2025.




E M Abraham
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
BLACKSTONE DESIGN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Blackstone Design Limited is a private limited liability company registered in England and Wales with its business address and registered office at 62-72 Tabernacle Street, London, EC2A 4LR.
The principal activity of the company is that of importation of clothing.

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 following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of goods supplied during the year, exclusive of Value Added Tax and trade discounts.
Revenue is recognised on delivery.

 
2.3

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.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25 - 33% straight line

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 the Statement of comprehensive income.

 
2.4

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 

Page 3

 
BLACKSTONE DESIGN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.9

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. 

 
2.10

Pensions

Defined contribution pension plan
The company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.11

Borrowing costs

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

Page 4

 
BLACKSTONE DESIGN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.12

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 reporting date in the countries where the company operates and generates income.



3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 10).


4.


Tangible fixed assets





Other fixed assets

£



Cost


At 1 July 2023
60,247



At 30 June 2024

60,247



Depreciation


At 1 July 2023
57,903


Charge for the year on owned assets
1,402



At 30 June 2024

59,305



Net book value



At 30 June 2024
942



At 30 June 2023
2,344

Page 5

 
BLACKSTONE DESIGN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
28,571
35,724



6.


Debtors

2024
2023
£
£


Trade debtors
218,523
193,513

Other debtors
6,183
4,945

Prepayments and accrued income
974
943

225,680
199,401



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
198,021
352,093

Taxation and social security
43,732
100,120

Other creditors
257,099
81,059

Accruals and deferred income
-
16,448

498,852
549,720



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loan
200,000
200,000


Page 6

 
BLACKSTONE DESIGN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and partly paid



50 (2023 - 50) Ordinary A shares of £1 each
50
50
50 (2023 - 50) Ordinary B shares of £1 each
50
50

100

100


 
Page 7