Registered number: 04226899 | ||||||||
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FOR THE YEAR ENDED 31/12/2015 | ||||||||
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Blackfish Capital Management Limited | ||||||||
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ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED
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INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 04226899 | ||||||||
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Blackfish Capital Management Limited | ||||||||
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Registered Number: 04226899 | ||||||||||
BALANCE SHEET AT 31/12/2015 | ||||||||||
2015 | 2014 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors (amounts falling due within one year) | 3 |
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Cash at bank and in hand |
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455,916 |
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CREDITORS: Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 4 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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Approved by the board on
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Director | ||||||||||
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Blackfish Capital Management Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2015 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
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1b. Depreciation | ||||||||
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Plant And Machinery |
reducing balance
33.33
%
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Equipment |
reducing balance
25
%
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Motor Cars |
reducing balance
25
%
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1c. Turnover | ||||||||
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1d. Leasing Commitments | ||||||||
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Incentives received to enter into a lease agreement are recognised in the profit and loss account over the shorter of the lease term and the period to the next lease review. |
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Blackfish Capital Management Limited | ||||||||
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2. TANGIBLE FIXED ASSETS | ||||||||
Plant and | ||||||||
Machinery | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/01/2015 |
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Additions |
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At 31/12/2015 | 175,891 | 43,972 | 42,950 | 262,813 | ||||
Depreciation | ||||||||
At 01/01/2015 |
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For the year |
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At 31/12/2015 |
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Net Book Amounts | ||||||||
At 31/12/2015 |
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At 31/12/2014 |
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3. DEBTORS | 2015 | 2014 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Other debtors |
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4. SHARE CAPITAL | 2015 | 2014 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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4,492,539 | 4,492,539 | |||||||
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Blackfish Capital Management Limited | ||||||||
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5. OPERATING LEASE COMMITMENTS | |||||||||
At 31 December 2015 the company had annual commitments under non-cancellable operating leases as follows: | |||||||||
Land and buildings | Other | ||||||||
2015 | 2014 | 2015 | 2014 | ||||||
£ | £ | £ | £ | ||||||
Expiry date: | |||||||||
Between 2 and 5 years | 167,875 | 167,875 | 2,652 | 2,652 |
6. RECONCILIATION OF MOVEMENT IN SHAREHOLDERS' FUNDS | ||||||||
2015 | 2014 | |||||||
Opening shareholders' funds | 365,656 | 731,569 | ||||||
Loss for the financial year | (220,298) | (365,913) | ||||||
Closing shareholders' funds | 145,358 | 365,656 |
7. TRADE DEBTORS | ||||||||
2015 | 2014 | |||||||
£ | £ | |||||||
Amounts owed by related parties | 2,990 | 170,941 | ||||||
Other debtors | 76,270 | 10,588 | ||||||
Prepayments and accrued income | 58,113 | 95,601 | ||||||
137,373 | 277,130 | |||||||
8. TAXATION | ||||||||
Factors affecting tax charge for the year | ||||||||
The tax assessed for the year is lower (2014- lower) than the standard rate of corporation tax in the UK of 20% (2014 - 20%). The differences are explained below: | ||||||||
£ | £ | |||||||
Loss on ordinary activities before tax | (220,298) | (365,913) | ||||||
Loss on ordinary activities multiplied by the standard rate of corporation tax in the year of 20% (2014- 20%) | (44,060) | (73,183) | ||||||