Company Registration No. 08542136 (England and Wales)
Black Bear IT Solutions Limited
Unaudited accounts
for the year ended 30 June 2021
Black Bear IT Solutions Limited
Unaudited accounts
Contents
Black Bear IT Solutions Limited
Company Information
for the year ended 30 June 2021
Director
Mr Richard Alford
Company Number
08542136 (England and Wales)
Registered Office
2 Norfolk Street
Lancaster
Lancashire
LA1 2BW
Accountants
Blend Accountants
231-233 Marine Road Central
Morecambe
Lancashire
LA4 4BQ
Black Bear IT Solutions Limited
Statement of financial position
as at
30 June 2021
Tangible assets
24,643
38,981
Cash at bank and in hand
54,153
22,780
Creditors: amounts falling due within one year
(175,122)
(142,567)
Net current liabilities
(103,839)
(101,371)
Total assets less current liabilities
(79,196)
(62,390)
Creditors: amounts falling due after more than one year
(39,167)
(48,269)
Provisions for liabilities
Deferred tax
(6,654)
(6,654)
Net liabilities
(125,017)
(117,313)
Called up share capital
100
100
Profit and loss account
(125,117)
(117,413)
Shareholders' funds
(125,017)
(117,313)
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 5 August 2021 and were signed on its behalf by
Mr Richard Alford
Director
Company Registration No. 08542136
Black Bear IT Solutions Limited
Notes to the Accounts
for the year ended 30 June 2021
Black Bear IT Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08542136. The registered office is 2 Norfolk Street, Lancaster, Lancashire, LA1 2BW.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
40% Reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2020
14,004
52,741
72,015
138,760
Additions
-
-
1,896
1,896
Disposals
-
(35)
(30,367)
(30,402)
At 30 June 2021
14,004
52,706
43,544
110,254
At 1 July 2020
14,004
26,555
59,220
99,779
Charge for the year
-
4,982
11,174
16,156
On disposals
-
(35)
(30,289)
(30,324)
At 30 June 2021
14,004
31,502
40,105
85,611
At 30 June 2021
-
21,204
3,439
24,643
At 30 June 2020
-
26,186
12,795
38,981
Black Bear IT Solutions Limited
Notes to the Accounts
for the year ended 30 June 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
7,126
6,766
Accrued income and prepayments
1,315
561
Other debtors
1,134
5,606
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
10,000
1,731
Obligations under finance leases and hire purchase contracts
-
1,286
Trade creditors
8,526
9,953
Amounts owed to group undertakings and other participating interests
33,000
4,000
Taxes and social security
1,325
676
Other creditors
7,310
2,774
Loans from directors
73,419
91,584
Deferred income
11,775
5,019
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 6 (2020: 5).