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REGISTERED NUMBER: 10557351 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BLACK SAND (ASSET MANAGEMENT) LIMITED

BLACK SAND (ASSET MANAGEMENT) LIMITED (REGISTERED NUMBER: 10557351)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK SAND (ASSET MANAGEMENT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: C J Sandell
T Q Blackman





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 10557351 (England and Wales)





ACCOUNTANTS: Mackenzies
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

BLACK SAND (ASSET MANAGEMENT) LIMITED (REGISTERED NUMBER: 10557351)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 4,284 5,659

CURRENT ASSETS
Debtors 5 122,534 107,836
Cash at bank 19,053 58,766
141,587 166,602
CREDITORS
Amounts falling due within one year 6 127,012 145,832
NET CURRENT ASSETS 14,575 20,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,859

26,429

CREDITORS
Amounts falling due after more than one
year

7

11,667

21,667
NET ASSETS 7,192 4,762

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,092 4,662
SHAREHOLDERS' FUNDS 7,192 4,762

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLACK SAND (ASSET MANAGEMENT) LIMITED (REGISTERED NUMBER: 10557351)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:




C J Sandell - Director



T Q Blackman - Director


BLACK SAND (ASSET MANAGEMENT) LIMITED (REGISTERED NUMBER: 10557351)

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


1. STATUTORY INFORMATION

Black Sand (Asset Management) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 20% on cost

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£ £ £ £
COST
At 1 April 2023
and 31 March 2024 10,177 4,152 3,252 17,581
DEPRECIATION
At 1 April 2023 6,306 4,152 1,464 11,922
Charge for year 1,017 - 358 1,375
At 31 March 2024 7,323 4,152 1,822 13,297
NET BOOK VALUE
At 31 March 2024 2,854 - 1,430 4,284
At 31 March 2023 3,871 - 1,788 5,659

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 122,534 107,836

BLACK SAND (ASSET MANAGEMENT) LIMITED (REGISTERED NUMBER: 10557351)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,296 8,600
Tax 20,426 25,283
Other creditors 81,977 90,000
Directors' current accounts 11,576 10,704
Accrued expenses 1,737 1,245
127,012 145,832

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 2-5 years 11,667 21,667