REGISTERED NUMBER: |
BLACK PEAR SOFTWARE LIMITED |
Unaudited Financial Statements |
for the Year Ended 31 December 2024 |
REGISTERED NUMBER: |
BLACK PEAR SOFTWARE LIMITED |
Unaudited Financial Statements |
for the Year Ended 31 December 2024 |
BLACK PEAR SOFTWARE LIMITED (REGISTERED NUMBER: 07030656) |
Contents of the Financial Statements |
for the Year Ended 31 December 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BLACK PEAR SOFTWARE LIMITED |
Company Information |
for the Year Ended 31 December 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
NP-105, iCentre |
Howard Way |
Newport Pagnell |
Milton Keynes |
Buckinghamshire |
MK16 9PY |
BLACK PEAR SOFTWARE LIMITED (REGISTERED NUMBER: 07030656) |
Balance Sheet |
31 December 2024 |
31/12/24 | 31/12/23 |
Notes | £ | £ | £ |
Fixed assets |
Intangible assets | 4 |
Tangible assets | 5 |
Current assets |
Debtors | 6 |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
BLACK PEAR SOFTWARE LIMITED (REGISTERED NUMBER: 07030656) |
Notes to the Financial Statements |
for the Year Ended 31 December 2024 |
1. | Statutory information |
Black Pear Software Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Going concern |
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. |
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. |
Tangible fixed assets |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows: |
- Fixtures and fittings 4 years straight line |
- Other property, plant and equipment 10 years straight line |
Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Research and development |
Expenditure on research is written off in the year in which it is incurred. |
Expenditure on development is capitalised as an intangible assets and amortised over a period of 10 years. |
BLACK PEAR SOFTWARE LIMITED (REGISTERED NUMBER: 07030656) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
2. | Accounting policies - continued |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Intangible fixed assets |
Other |
intangible |
assets |
£ |
Cost |
At 1 January 2024 |
Additions |
At 31 December 2024 |
Amortisation |
Charge for year |
At 31 December 2024 |
Net book value |
At 31 December 2024 |
At 31 December 2023 |
5. | Tangible fixed assets |
Fixtures |
Plant and | and |
machinery | fittings | Totals |
£ | £ | £ |
Cost |
At 1 January 2024 |
Additions |
Disposals | ( |
) | ( |
) | ( |
) |
At 31 December 2024 |
Depreciation |
At 1 January 2024 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) | ( |
) |
At 31 December 2024 |
Net book value |
At 31 December 2024 |
At 31 December 2023 |
BLACK PEAR SOFTWARE LIMITED (REGISTERED NUMBER: 07030656) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2024 |
6. | Debtors: amounts falling due within one year |
31/12/24 | 31/12/23 |
£ | £ |
Trade debtors |
Prepayments and accrued income |
7. | Creditors: amounts falling due within one year |
31/12/24 | 31/12/23 |
£ | £ |
Trade creditors |
Social security and other taxes |
VAT | 64,964 | 23,356 |
Directors' loan accounts | 16,810 | 34,014 |
Accruals and deferred income |