IRIS Accounts Production v18.3.0.592 06177077 director 1.4.17 31.3.18 31.3.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure061770772017-03-31061770772018-03-31061770772017-04-012018-03-31061770772016-03-31061770772016-04-012017-03-31061770772017-03-3106177077ns15:EnglandWales2017-04-012018-03-3106177077ns14:PoundSterling2017-04-012018-03-3106177077ns10:Director12017-04-012018-03-3106177077ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3106177077ns10:SmallEntities2017-04-012018-03-3106177077ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3106177077ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3106177077ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3106177077ns10:FullAccounts2017-04-012018-03-3106177077ns10:OrdinaryShareClass12017-04-012018-03-3106177077ns10:CompanySecretary12017-04-012018-03-3106177077ns10:RegisteredOffice2017-04-012018-03-3106177077ns5:CurrentFinancialInstruments2018-03-3106177077ns5:CurrentFinancialInstruments2017-03-3106177077ns5:ShareCapital2018-03-3106177077ns5:ShareCapital2017-03-3106177077ns5:RetainedEarningsAccumulatedLosses2018-03-3106177077ns5:RetainedEarningsAccumulatedLosses2017-03-3106177077ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3106177077ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3106177077ns10:OrdinaryShareClass12018-03-3106177077ns5:RetainedEarningsAccumulatedLosses2017-03-3106177077ns5:RetainedEarningsAccumulatedLosses2017-04-012018-03-31


REGISTERED NUMBER: 06177077 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

BYTE MAESTRO LIMITED

BYTE MAESTRO LIMITED (REGISTERED NUMBER: 06177077)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BYTE MAESTRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: Mr A R Bache





SECRETARY: Mr R L Bache





REGISTERED OFFICE: 22 Cornfield Drive
Lichfield
Staffordshire
WS14 9UG





REGISTERED NUMBER: 06177077 (England and Wales)





ACCOUNTANTS: Acuity Professional Ltd
Fifth Floor
11 Leadenhall Street
London
EC3V 1LP

BYTE MAESTRO LIMITED (REGISTERED NUMBER: 06177077)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 4 9,532 1,539
Cash at bank 16,616 28,300
26,148 29,839
CREDITORS
Amounts falling due within one year 5 11,138 10,164
NET CURRENT ASSETS 15,010 19,675
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,010

19,675

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 15,008 19,673
SHAREHOLDERS' FUNDS 15,010 19,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 5 November 2018 and were signed by:





Mr A R Bache - Director


BYTE MAESTRO LIMITED (REGISTERED NUMBER: 06177077)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Byte Maestro 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain critical
accounting estimates. It also requires management to exercise judgement in applying the company's accounting
policies.

ACCOUNTING ESTIMATES AND JUDGEMENTS
In preparing the financial statements, management were not required to make any estimates or judgements which
may materially affect reported income, expenses, assets, liabilities or disclosure of contingent assets and liabilities.

DIVIDENDS
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when
paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax.

DEBTORS
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at
fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest
method, less any impairment.

CASH AND CASH EQUIVALENTS
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of
not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months
from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of
change in value.

CREDITORS
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the
effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

BYTE MAESTRO LIMITED (REGISTERED NUMBER: 06177077)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 4,399 -
Accrued income 5,133 1,539
9,532 1,539

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Corporation tax 4,242 6,004
Social security and other taxes 750 710
VAT 1,749 2,070
Director's loan account 4,270 1,253
Accrued expenses 127 127
11,138 10,164

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Retained
earnings
£   

At 1 April 2017 19,673
Profit for the year 18,085
Dividends (22,750 )
At 31 March 2018 15,008

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £22,750 (2017 - £17,500) were paid to the director .

At balance sheet date, there was an amount due to the director, Mr A R Bache for £4,270 (2017: £1,253). This is an
interest free advance to the company and does not have a fixed date of repayment.

9. CONTROLLING PARTY

The controlling party is Mr A R Bache.