Company Registration No. 05932326 (England and Wales)
Blackthorne Building & Design Ltd
Unaudited accounts
for the year ended 31 December 2024
Blackthorne Building & Design Ltd
Unaudited accounts
Contents
Blackthorne Building & Design Ltd
Company Information
for the year ended 31 December 2024
Directors
Gary Sheeran
Antony Sheeran
Company Number
05932326 (England and Wales)
Registered Office
Blackthorne Building & Design
60 Langsett Road
Sheffield
South Yorkshire
S6 2UB
England
Accountants
Neil Walker Accountancy Ltd
Khepera Business Centre
9 Orgreave Road
Sheffield
S13 9LQ
Blackthorne Building & Design Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
62,431
69,080
Cash at bank and in hand
360,666
320,503
Creditors: amounts falling due within one year
(324,579)
(236,777)
Net current assets
485,238
384,476
Total assets less current liabilities
547,669
453,556
Creditors: amounts falling due after more than one year
(25,929)
(31,867)
Provisions for liabilities
Deferred tax
(14,895)
(15,190)
Net assets
506,845
406,499
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
506,745
406,399
Shareholders' funds
506,845
406,499
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by
Gary Sheeran
Director
Company Registration No. 05932326
Blackthorne Building & Design Ltd
Notes to the Accounts
for the year ended 31 December 2024
Blackthorne Building & Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 05932326. The registered office is Blackthorne Building & Design, 60 Langsett Road, Sheffield, South Yorkshire, S6 2UB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
20% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Blackthorne Building & Design Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
6,073
98,538
15,132
119,743
Additions
4,831
6,200
308
11,339
At 31 December 2024
10,904
104,738
15,440
131,082
At 1 January 2024
1,545
37,345
11,773
50,663
Charge for the year
1,625
15,686
677
17,988
At 31 December 2024
3,170
53,031
12,450
68,651
At 31 December 2024
7,734
51,707
2,990
62,431
At 31 December 2023
4,528
61,193
3,359
69,080
Amounts falling due within one year
Trade debtors
329,400
187,809
Accrued income and prepayments
63,679
24,688
Other debtors
48,132
87,753
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,750
5,430
Trade creditors
155,273
123,227
Taxes and social security
70,376
41,559
7
Creditors: amounts falling due after more than one year
2024
2023
Blackthorne Building & Design Ltd
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
During the year the company made an interest free loan to the directors. The loan is repayable on demand.
9
Average number of employees
During the year the average number of employees was 14 (2023: 13).