Company No: 13842105 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Andrew John Allerton (Resigned 11 November 2024)
	Adam Blacklin
	Sophie Katherine Blacklin

REGISTERED OFFICE	Unit 1a 21 Cherry Farm Close
	Malton Enterprise Park
	Malton
	YO17 6AW
	United Kingdom

COMPANY NUMBER

13842105 (England and Wales)

ACCOUNTANT	Morrell Middleton Auditors Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	10,861		10,955
		10,861		10,955
Current assets
Debtors	4	50,144		29,880
Cash at bank and in hand	5	299,871		280,075
		350,015		309,955
Creditors: amounts falling due within one year	6	( 114,872)		( 114,280)
Net current assets		235,143		195,675
Total assets less current liabilities		246,004		206,630
Net assets		246,004		206,630
Capital and reserves
Called-up share capital	7	1,332		1,332
Equity reserve		0		54
Profit and loss account		244,672		205,244
Total shareholders' funds		246,004		206,630

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Blackspot Networks Ltd (registered number: 13842105) were approved and authorised for issue by the Board of Directors on 15 October 2025. They were signed on its behalf by:

Sophie Katherine Blacklin Director

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

Blackspot Networks Ltd (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 Unit 1a 21 Cherry Farm Close, Malton Enterprise Park, Malton, YO17 6AW, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

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 Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		3

3. Tangible assets

	Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	8,168		2,192		7,820		18,180
Additions	0		514		4,352		4,866
At 31 March 2025	8,168		2,706		12,172		23,046
Accumulated depreciation
At 01 April 2024	2,552		839		3,834		7,225
Charge for the financial year	1,404		424		3,132		4,960
At 31 March 2025	3,956		1,263		6,966		12,185
Net book value
At 31 March 2025	4,212		1,443		5,206		10,861
At 31 March 2024	5,616		1,353		3,986		10,955

4. Debtors

	2025		2024
	£		£
Trade debtors	33,813		175
Amounts owed by Group undertakings	10,327		0
Other debtors	6,004		29,705
	50,144		29,880

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	299,871		280,075
Less: Bank overdrafts	( 91)		0
	299,780		280,075

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	91		0
Trade creditors	5,534		16,268
Taxation and social security	46,930		26,376
Other creditors	62,317		71,636
	114,872		114,280

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
999 Ordinary A shares of £ 1.00 each	999		999
333 Ordinary B shares of £ 1.00 each	333		333
	1,332		1,332

8. Related party transactions

Other related party transactions

Blackspot Group Ltd, Blackspot Holding Ltd and Touring Enterprise Ltd are companies held under common control.
At the year end, the following was owed by these companies respectively :
Blackspot Group Ltd £10,326.69 (2024 - £Nil)
Blackspot Holding Ltd £0 (2024 - £Nil)
Touring Enterprise Ltd £0 (2024 - £Nil)