Silverfin false false 31/07/2024 01/08/2023 31/07/2024 R Mehra 17/05/2017 08 May 2025 The principal activity of the company was that of an online retailer until it ceased to trade on 31 March 2023. 10776345 2024-07-31 10776345 bus:Director1 2024-07-31 10776345 core:CurrentFinancialInstruments 2024-07-31 10776345 core:CurrentFinancialInstruments 2023-07-31 10776345 2023-07-31 10776345 core:Non-currentFinancialInstruments 2024-07-31 10776345 core:Non-currentFinancialInstruments 2023-07-31 10776345 core:ShareCapital 2024-07-31 10776345 core:ShareCapital 2023-07-31 10776345 core:RetainedEarningsAccumulatedLosses 2024-07-31 10776345 core:RetainedEarningsAccumulatedLosses 2023-07-31 10776345 bus:OrdinaryShareClass1 2024-07-31 10776345 2023-08-01 2024-07-31 10776345 bus:FilletedAccounts 2023-08-01 2024-07-31 10776345 bus:SmallEntities 2023-08-01 2024-07-31 10776345 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 10776345 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10776345 bus:Director1 2023-08-01 2024-07-31 10776345 2022-08-01 2023-07-31 10776345 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 10776345 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10776345 (England and Wales)

BLACKFEATHER LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

BLACKFEATHER LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

BLACKFEATHER LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2024
BLACKFEATHER LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2024
DIRECTOR R Mehra
REGISTERED OFFICE 22 Wycombe End
Beaconsfield
HP9 1NB
United Kingdom
COMPANY NUMBER 10776345 (England and Wales)
ACCOUNTANT S&W Partners (Thames Valley) Limited
22 Wycombe End
Beaconsfield
Buckinghamshire
HP9 1NB
BLACKFEATHER LIMITED

BALANCE SHEET

As at 31 July 2024
BLACKFEATHER LIMITED

BALANCE SHEET (continued)

As at 31 July 2024
Note 2024 2023
£ £
Current assets
Debtors 3 25,454 25,046
Cash at bank and in hand 6 3,219
25,460 28,265
Creditors: amounts falling due within one year 4 ( 137,480) ( 108,856)
Net current liabilities (112,020) (80,591)
Total assets less current liabilities (112,020) (80,591)
Creditors: amounts falling due after more than one year 5 0 ( 19,062)
Net liabilities ( 112,020) ( 99,653)
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account ( 112,021 ) ( 99,654 )
Total shareholder's deficit ( 112,020) ( 99,653)

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Blackfeather Limited (registered number: 10776345) were approved and authorised for issue by the Director on 08 May 2025. They were signed on its behalf by:

R Mehra
Director
BLACKFEATHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
BLACKFEATHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Blackfeather Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Wycombe End, Beaconsfield, HP9 1NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Blackfeather Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The company ceased to trade on 31 March 2023 and it is intended for the company to be wound up. The financial statements have therefore been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value and making provisions. There are however, no material differences between using the going concern basis and the basis other than that of going concern explained above.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods and the rendering of services in the normal course of business, and is shown net of discounts and VAT.

Sale of goods
Revenue arises from the sale of online goods. Revenue is recognised when the customer accepts delivery of the goods.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Financial liabilities are derecognised when the Company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2024 2023
£ £
Corporation tax 18,068 18,068
Other debtors 7,386 6,978
25,454 25,046

4. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 23,085 10,035
Trade creditors 563 4,069
Taxation and social security 0 3,523
Other creditors 113,832 91,229
137,480 108,856

5. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 0 19,062

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1