Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-31false2024-02-01false264991 - Security dealing on own account2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13507854 2024-02-01 2025-01-31 13507854 2023-02-01 2024-01-31 13507854 2025-01-31 13507854 2024-01-31 13507854 c:Director1 2024-02-01 2025-01-31 13507854 d:CurrentFinancialInstruments 2025-01-31 13507854 d:CurrentFinancialInstruments 2024-01-31 13507854 d:Non-currentFinancialInstruments 2025-01-31 13507854 d:Non-currentFinancialInstruments 2024-01-31 13507854 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 13507854 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13507854 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 13507854 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13507854 d:ShareCapital 2025-01-31 13507854 d:ShareCapital 2024-01-31 13507854 d:RetainedEarningsAccumulatedLosses 2025-01-31 13507854 d:RetainedEarningsAccumulatedLosses 2024-01-31 13507854 c:FRS102 2024-02-01 2025-01-31 13507854 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13507854 c:FullAccounts 2024-02-01 2025-01-31 13507854 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13507854 2 2024-02-01 2025-01-31 13507854 6 2024-02-01 2025-01-31 13507854 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 13507854










BLACK SQUARE PORTFOLIO LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

 
BLACK SQUARE PORTFOLIO LTD
REGISTERED NUMBER: 13507854

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Investments
 4 
1,134,210
760,484

  
1,134,210
760,484

Current assets
  

Debtors: amounts falling due within one year
 5 
100
100

Cash at bank and in hand
 6 
10,608
7,621

  
10,708
7,721

Creditors: amounts falling due within one year
 7 
(20,576)
(1,979)

Net current (liabilities)/assets
  
 
 
(9,868)
 
 
5,742

Total assets less current liabilities
  
1,124,342
766,226

Creditors: amounts falling due after more than one year
 8 
(969,938)
(699,904)

  

Net assets
  
154,404
66,322


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
154,304
66,222

  
154,404
66,322


Page 1

 
BLACK SQUARE PORTFOLIO LTD
REGISTERED NUMBER: 13507854
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
D Denissenko
Director

Date: 4 August 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BLACK SQUARE PORTFOLIO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Black Square Porfolio Ltd is a private limited company, incorporated in England and Wales, registration number 13507854. 
The address of the registered office is 124 City Road, London, United Kingdom, EC1V 2NX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Interest income

Interest income is recognised in profit or loss as paid from investments.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
BLACK SQUARE PORTFOLIO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Page 4

 
BLACK SQUARE PORTFOLIO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2025
        2024
            No.
            No.







Directors
2
2


4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 February 2024
760,484


Additions
880,665


Disposals
(506,939)



At 31 January 2025
1,134,210




Page 5

 
BLACK SQUARE PORTFOLIO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Debtors

2025
2024
£
£


Other debtors
100
100

100
100



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
10,608
7,621

10,608
7,621



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
18,475
-

Accruals and deferred income
2,101
1,979

20,576
1,979



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Other creditors
969,938
699,904

969,938
699,904



9.


Related party transactions

At the date of the balance sheet, included within creditors due within 1 year is a balance of £969,938 (2024: £699,904) due to Black Square Media Limited, a company under the common control of the shareholders of Black Square Portfolio Limited.

 
Page 6