Registered number
09389600
BLACKPEARL CAPITAL INVESTMENTS LIMITED
Filleted Accounts
31 December 2024
BLACKPEARL CAPITAL INVESTMENTS LIMITED
Registered number: 09389600
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 2,563,459 2,563,459
Current assets
Cash at bank and in hand 144,910 69,109
Creditors: amounts falling due within one year 4 (158,539) (112,216)
Net current liabilities (13,629) (43,107)
Total assets less current liabilities 2,549,830 2,520,352
Creditors: amounts falling due after more than one year 5 (2,014,977) (2,014,977)
Provisions for liabilities (35,931) (35,931)
Net assets 498,922 469,444
Capital and reserves
Called up share capital 300,000 300,000
Revaluation reserve 6 150,416 150,416
Profit and loss account 48,506 19,028
Shareholders' funds 498,922 469,444
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ali Al Haider
Director
Approved by the board on 29 April 2025
BLACKPEARL CAPITAL INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
At 1 January 2024 2,563,459
At 31 December 2024 2,563,459
4 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 8,791 5,180
Taxation and social security costs 6,915 2,462
Other creditors 142,833 104,574
158,539 112,216
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 716,346 716,346
Loan 730,085 730,085
Other creditors 568,546 568,546
2,014,977 2,014,977
6 Revaluation reserve 2024 2023
£ £
At 1 January 2024 186,347 186,347
Deferred taxation arising on the revaluation of land and buildings (35,931) (35,931)
At 31 December 2024 150,416 150,416
7 Other information
BLACKPEARL CAPITAL INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Office 131
268 Belsize Road
London
NW6 4BT
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