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Registration number: 03955270

Blackfive Engineering Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Blackfive Engineering Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Blackfive Engineering Limited

Company Information

Director | D R J Smith

Registered office | 16 Beeston Court Manor Park Runcorn Cheshire WA7 1SS

Accountants | Davidson Stant Limited Chartered AccountantsThe Glen Knutsford Old Road Stockton Heath Warrington Cheshire WA4 2LD

Blackfive Engineering Limited

(Registration number: 03955270)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 8,675 | 8,548
Current assets |  |  |
Stocks | 4 | 104,315 | 110,325
Debtors | 5 | 103,497 | 168,803
Cash at bank and in hand |  | 403,435 | 327,558
|  | 611,247 | 606,686
Creditors: Amounts falling due within one year | 6 | (138,538) | (146,700)
Net current assets |  | 472,709 | 459,986
Net assets |  | 481,384 | 468,534
Capital and reserves |  |  |
Called up share capital |  | 100,000 | 100,000
Retained earnings |  | 381,384 | 368,534
Shareholders' funds |  | 481,384 | 468,534

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 March 2026

.........................................

D R J Smith

Director

Blackfive Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Blackfive Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fittings, and equipment | 25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 6).

Blackfive Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

3 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 August 2024 | 43,675 | 43,675
Additions | 3,019 | 3,019
At 31 July 2025 | 46,694 | 46,694
Depreciation
At 1 August 2024 | 35,127 | 35,127
Charge for the year | 2,892 | 2,892
At 31 July 2025 | 38,019 | 38,019
Carrying amount
At 31 July 2025 | 8,675 | 8,675
At 31 July 2024 | 8,548 | 8,548

4 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 32,047 | 27,070
Finished goods and goods for resale | 72,268 | 83,255
| 104,315 | 110,325

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 88,455 | 154,795
Prepayments | 15,042 | 14,008
| 103,497 | 168,803

6 | Creditors

Creditors: amounts falling due within one year

Blackfive Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 25,085 | 15,221
Taxation and social security | 58,854 | 74,298
Accruals and deferred income | 52,780 | 52,810
Other creditors | 1,819 | 4,371
| 138,538 | 146,700