REGISTERED NUMBER: 06744250 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Black Swan Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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

FIXED ASSETS

Tangible assets

4

1,051

389

CURRENT ASSETS

Cash at bank

30,519

35,268

CREDITORS

Amounts falling due within one year

5

13,623

16,237

NET CURRENT ASSETS

16,896

19,031

TOTAL ASSETS LESS CURRENT LIABILITIES

17,947

19,420

PROVISIONS FOR LIABILITIES

6

200

74

NET ASSETS

17,747

19,346

CAPITAL AND RESERVES

Called up share capital

7

25

25

Retained earnings

17,722

19,321

SHAREHOLDERS' FUNDS

17,747

19,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 10 August 2026 and were signed on its behalf by:

V Singh - Director

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

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

3,746

Additions

1,179

At 30 November 2025

4,925

DEPRECIATION

At 1 December 2024

3,357

Charge for year

517

At 30 November 2025

3,874

NET BOOK VALUE

At 30 November 2025

1,051

At 30 November 2024

389

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

907

1,058

Social security and other taxes

708

1,081

VAT

4,983

5,073

Accrued expenses

7,025

9,025

13,623

16,237

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

200

74

Deferred

tax

£

Balance at 1 December 2024

74

Accelerated capital allowances

126

Balance at 30 November 2025

200

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

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 (2024 - £108,000) to Sharks.

9.	ULTIMATE CONTROLLING PARTY

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