Blackbox Project Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12539974 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BLACKBOX PROJECT MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Langmaid

G G Newson

REGISTERED OFFICE:

Suite 1

3 Jubilee Way

Faversham

Kent

ME13 8GD

REGISTERED NUMBER:

12539974 (England and Wales)

ACCOUNTANTS:

Ackland Webb Ltd

Chartered Certified Accountants

Suite 1, First Floor

3 Jubilee Way

Faversham

Kent

ME13 8GD

FIXED ASSETS

Tangible assets

4

320,210

41,349

CURRENT ASSETS

Stocks

20,000

200,001

Debtors

5

498,615

384,935

Cash at bank and in hand

107,265

22,551

625,880

607,487

CREDITORS

Amounts falling due within one year

6

(344,435

)

(428,445

)

NET CURRENT ASSETS

281,445

179,042

TOTAL ASSETS LESS CURRENT
LIABILITIES

601,655

220,391

CREDITORS

Amounts falling due after more than one
year

7

(256,445

)

(33,267

)

PROVISIONS FOR LIABILITIES

(20,601

)

(10,337

)

NET ASSETS

324,609

176,787

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

324,607

176,785

324,609

176,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 11 December 2025 and were signed on its behalf by:

M Langmaid - Director

G G Newson - Director

1.	STATUTORY INFORMATION

Blackbox Project Management 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

-

74,027

Additions

237,805

88,628

326,433

Disposals

-

(34,491

)

(34,491

)

At 31 March 2025

237,805

128,164

365,969

DEPRECIATION

At 1 April 2024

-

32,678

Charge for year

-

28,171

Eliminated on disposal

-

(15,090

)

(15,090

)

At 31 March 2025

-

45,759

NET BOOK VALUE

At 31 March 2025

237,805

82,405

320,210

At 31 March 2024

-

41,349

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

Trade debtors

513,404

344,061

Amounts owed by group undertakings

36,347

35,057

Other debtors

(51,136

)

5,817

498,615

384,935

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

Bank loans and overdrafts

2,311

-

Hire purchase contracts

13,875

9,288

Trade creditors

203,490

301,708

Taxation and social security

116,494

78,215

Other creditors

8,265

39,234

344,435

428,445

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

as restated

£

Bank loans

168,048

-

Hire purchase contracts

88,397

33,267

256,445

33,267

8.	OTHER FINANCIAL COMMITMENTS

Allica Bank Limited holds a charge over the leasehold and freehold property owned by the company.