Company Registration No. 07555575 (England and Wales)
Blacktip Consultancy Ltd
Unaudited accounts
for the year ended 31 December 2021
Blacktip Consultancy Ltd
Unaudited accounts
Contents
Blacktip Consultancy Ltd
Company Information
for the year ended 31 December 2021
Directors
Graeme Forrest
Anita Forrest
Mark Simmons
Company Number
07555575 (England and Wales)
Registered Office
Bishops Walk House
19-23 High Street
Pinner
Middlesex
HA5 5PJ
UK
Blacktip Consultancy Ltd
Statement of financial position
as at 31 December 2021
Tangible assets
24,793
20,750
Cash at bank and in hand
137,807
156,538
Creditors: amounts falling due within one year
(636,345)
(678,118)
Net current assets/(liabilities)
43,730
(69,379)
Total assets less current liabilities
68,523
(48,629)
Creditors: amounts falling due after more than one year
(138,889)
-
Net liabilities
(70,366)
(48,629)
Called up share capital
1
1
Profit and loss account
(70,367)
(48,630)
Shareholders' funds
(70,366)
(48,629)
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2022 and were signed on its behalf by
Graeme Forrest
Director
Company Registration No. 07555575
Blacktip Consultancy Ltd
Notes to the Accounts
for the year ended 31 December 2021
Blacktip Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 07555575. The registered office is Bishops Walk House, 19-23 High Street, Pinner, Middlesex, HA5 5PJ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sale taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.33% on cost
Computer equipment
33.33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
13,010
39,782
52,792
Disposals
(307)
(14,012)
(14,319)
At 31 December 2021
12,703
41,968
54,671
At 1 January 2021
10,700
21,342
32,042
Charge for the year
594
8,657
9,251
On disposals
(106)
(11,309)
(11,415)
At 31 December 2021
11,188
18,690
29,878
At 31 December 2021
1,515
23,278
24,793
At 31 December 2020
2,310
18,440
20,750
Blacktip Consultancy Ltd
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
397,298
437,461
Accrued income and prepayments
92,072
-
Other debtors
52,898
14,740
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
55,556
328,138
Trade creditors
82,311
41,511
Taxes and social security
392,684
233,423
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 25 (2020: 25).