IRIS Accounts Production v25.2.0.378 06744250 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067442502023-11-30067442502024-11-30067442502023-12-012024-11-30067442502022-11-30067442502022-12-012023-11-30067442502023-11-3006744250ns15:EnglandWales2023-12-012024-11-3006744250ns14:PoundSterling2023-12-012024-11-3006744250ns10:Director12023-12-012024-11-3006744250ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3006744250ns10:SmallEntities2023-12-012024-11-3006744250ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3006744250ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3006744250ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3006744250ns10:FullAccounts2023-12-012024-11-3006744250ns10:Director22023-12-012024-11-3006744250ns10:Director32023-12-012024-11-3006744250ns10:RegisteredOffice2023-12-012024-11-3006744250ns5:CurrentFinancialInstruments2024-11-3006744250ns5:CurrentFinancialInstruments2023-11-3006744250ns5:ShareCapital2024-11-3006744250ns5:ShareCapital2023-11-3006744250ns5:RetainedEarningsAccumulatedLosses2024-11-3006744250ns5:RetainedEarningsAccumulatedLosses2023-11-3006744250ns5:ComputerEquipment2023-12-012024-11-3006744250ns5:ComputerEquipment2023-11-3006744250ns5:ComputerEquipment2024-11-3006744250ns5:ComputerEquipment2023-11-3006744250ns5:AcceleratedTaxDepreciationDeferredTax2024-11-3006744250ns5:AcceleratedTaxDepreciationDeferredTax2023-11-3006744250ns5:DeferredTaxation2023-11-3006744250ns5:DeferredTaxation2024-11-30
REGISTERED NUMBER: 06744250 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Black Swan Partners Limited

Black Swan Partners Limited (Registered number: 06744250)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Black Swan Partners Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: V Singh
A Burgis
R Ketzscher





REGISTERED OFFICE: 124 City Road
London
England
EC1V 2NX





REGISTERED NUMBER: 06744250 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishop's Sutton
Alresford
Hampshire
SO24 0AA

Black Swan Partners Limited (Registered number: 06744250)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 389 580

CURRENT ASSETS
Cash at bank 35,268 54,334

CREDITORS
Amounts falling due within one year 5 16,237 9,814
NET CURRENT ASSETS 19,031 44,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,420

45,100

PROVISIONS FOR LIABILITIES 6 74 110
NET ASSETS 19,346 44,990

CAPITAL AND RESERVES
Called up share capital 7 25 25
Retained earnings 19,321 44,965
SHAREHOLDERS' FUNDS 19,346 44,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:





V Singh - Director


Black Swan Partners Limited (Registered number: 06744250)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Black Swan Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% reducing balance basis

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition
Debtors includes amounts recoverable on service contracts. Where the outcome of a transaction can be estimated reliably, revenue is recognised by reference to the stage of completion of the transaction at the balance sheet date (in accordance with FRS 102 paragraph 23.14).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Black Swan Partners Limited (Registered number: 06744250)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2023
and 30 November 2024 3,746
DEPRECIATION
At 1 December 2023 3,166
Charge for year 191
At 30 November 2024 3,357
NET BOOK VALUE
At 30 November 2024 389
At 30 November 2023 580

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,058 1,137
Social security and other taxes 1,081 1,013
VAT 5,073 5,164
Accrued expenses 9,025 2,500
16,237 9,814

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 74 110

Deferred
tax
£   
Balance at 1 December 2023 110
Accelerated capital allowances (36 )
Balance at 30 November 2024 74

Black Swan Partners Limited (Registered number: 06744250)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
24 Ordinary 'A' 25p 6.00 6.00
25 Ordinary 'B' 25p 6.25 6.25
25 Ordinary 'C' 25p 6.25 6.25
25 Ordinary 'D' 25p 6.25 6.25
24.75 24.75

The Ordinary 'A', 'B', 'C' and 'D' shares shall rank pari passu in all respects.

8. RELATED PARTY DISCLOSURES

Sharks
The directors of Black Swan Partners Limited are also members of Sharks, a gambling syndicate.

During the year the company provided consultancy services amounting to £108,000 (2023 - £118,000) to Sharks.

9. ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of the board of directors.