IRIS Accounts Production v21.2.0.376 07519818 Board of Directors 1.1.20 31.12.20 31.12.20 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 07519818 2019-12-31 07519818 2020-12-31 07519818 2020-01-01 2020-12-31 07519818 2018-12-31 07519818 2019-01-01 2019-12-31 07519818 2019-12-31 07519818 ns16:EnglandWales 2020-01-01 2020-12-31 07519818 ns15:PoundSterling 2020-01-01 2020-12-31 07519818 ns11:Director1 2020-01-01 2020-12-31 07519818 ns11:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 07519818 ns11:SmallEntities 2020-01-01 2020-12-31 07519818 ns11:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 07519818 ns11:SmallCompaniesRegimeForDirectorsReport 2020-01-01 2020-12-31 07519818 ns11:SmallCompaniesRegimeForAccounts 2020-01-01 2020-12-31 07519818 ns11:FullAccounts 2020-01-01 2020-12-31 07519818 ns11:Director3 2020-01-01 2020-12-31 07519818 ns11:Director4 2020-01-01 2020-12-31 07519818 ns11:CompanySecretary1 2020-01-01 2020-12-31 07519818 ns11:CompanySecretary2 2020-01-01 2020-12-31 07519818 ns11:RegisteredOffice 2020-01-01 2020-12-31 07519818 ns6:CurrentFinancialInstruments 2020-12-31 07519818 ns6:CurrentFinancialInstruments 2019-12-31 07519818 ns6:ShareCapital 2020-12-31 07519818 ns6:ShareCapital 2019-12-31 07519818 ns6:SharePremium 2020-12-31 07519818 ns6:SharePremium 2019-12-31 07519818 ns6:CapitalRedemptionReserve 2020-12-31 07519818 ns6:CapitalRedemptionReserve 2019-12-31 07519818 ns6:RetainedEarningsAccumulatedLosses 2020-12-31 07519818 ns6:RetainedEarningsAccumulatedLosses 2019-12-31 07519818 ns6:PlantMachinery 2020-01-01 2020-12-31 07519818 ns6:PlantMachinery 2019-12-31 07519818 ns6:PlantMachinery 2020-12-31 07519818 ns6:PlantMachinery 2019-12-31 07519818 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2020-12-31 07519818 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2019-12-31
REGISTERED NUMBER: 07519818 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2020







DIRECTORS: E Nikfahama
P Giagkou
N Nafusi





SECRETARIES: P Giagkou
Laytons Secretaries Limited





REGISTERED OFFICE: Level 5
2 More London Riverside
London
SE1 2AP





REGISTERED NUMBER: 07519818 (England and Wales)





ACCOUNTANTS: Haines Watts
Advantage
87 Castle Street
Reading
Berkshire
RG1 7SN

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

BALANCE SHEET
31 DECEMBER 2020

31/12/20 31/12/19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,325 119,635

CURRENT ASSETS
Debtors 5 1,453,743 1,657,247
Cash at bank and in hand 274,729 51,157
1,728,472 1,708,404
CREDITORS
Amounts falling due within one year 6 1,477,387 1,536,594
NET CURRENT ASSETS 251,085 171,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,410

291,445

PROVISIONS FOR LIABILITIES 9,918 22,470
NET ASSETS 294,492 268,975

CAPITAL AND RESERVES
Called up share capital 133 133
Share premium 4,994 4,994
Capital redemption reserve 97 97
Retained earnings 289,268 263,751
294,492 268,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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.

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

BALANCE SHEET - continued
31 DECEMBER 2020


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 and authorised for issue by the Board of Directors and authorised for issue on 30 September 2021 and were signed on its behalf by:





P Giagkou - Director


BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020


1. STATUTORY INFORMATION

Black Pearl Maritime Security Management 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.
Plant and machinery etc - 20% on cost

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 1 (2019 - 1 ) .

BLACK PEARL MARITIME SECURITY MANAGEMENT
LIMITED (REGISTERED NUMBER: 07519818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2020
and 31 December 2020 479,800
DEPRECIATION
At 1 January 2020 360,165
Charge for year 66,310
At 31 December 2020 426,475
NET BOOK VALUE
At 31 December 2020 53,325
At 31 December 2019 119,635

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/20 31/12/19
£    £   
Trade debtors 26,373 94,907
Amounts owed by group undertakings 1,414,165 1,481,231
Other debtors 13,205 81,109
1,453,743 1,657,247

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/20 31/12/19
£    £   
Bank loans and overdrafts - 81
Trade creditors 746,284 864,766
Taxation and social security 30,042 49,886
Other creditors 701,061 621,861
1,477,387 1,536,594