Black Sultan Consultants Limited - Limited company accounts 23.2

REGISTERED NUMBER: 11873996 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Black Sultan Consultants Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Mrs K Baker

N D Baker

REGISTERED OFFICE:

338 London Road

Portsmouth

PO2 9JY

REGISTERED NUMBER:

11873996 (England and Wales)

ACCOUNTANTS:

A J Wheeler Limited

338 London Road

Portsmouth

Hampshire

PO2 9JY

The directors present their report with the financial statements of the company for the year ended 31 March 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2023 to the date of this report.

Mrs K Baker

N D Baker

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs K Baker - Director

4 June 2024

TURNOVER

86,163

86,807

Administrative expenses

31,680

31,368

54,483

55,439

Other operating income

469

454

OPERATING PROFIT

4

54,952

55,893

Interest receivable and similar income

275

199

PROFIT BEFORE TAXATION

55,227

56,092

Tax on profit

10,903

10,676

PROFIT FOR THE FINANCIAL YEAR

44,324

45,416

FIXED ASSETS

Tangible assets

5

133

200

CURRENT ASSETS

Debtors

6

6,533

9,271

Cash at bank

31,079

49,343

37,612

58,614

CREDITORS

Amounts falling due within one year

7

31,878

55,271

NET CURRENT ASSETS

5,734

3,343

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,867

3,543

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

4,867

2,543

5,867

3,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2024 and were signed on its behalf by:

Mrs K Baker - Director

1.	STATUTORY INFORMATION

Black Sultan Consultants 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2024

2023

£

Depreciation - owned assets

67

98

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2023

and 31 March 2024

445

DEPRECIATION

At 1 April 2023

245

Charge for year

67

At 31 March 2024

312

NET BOOK VALUE

At 31 March 2024

133

At 31 March 2023

200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

1,961

2,411

Other debtors

4,572

6,860

6,533

9,271

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Taxation and social security

29,052

50,292

Other creditors

2,826

4,979

31,878

55,271