Company Registration No. 10621827 (England and Wales)
BIO DIMA LIMITED
Unaudited accounts
for the year ended 28 February 2022
BIO DIMA LIMITED
Unaudited accounts
Contents
BIO DIMA LIMITED
Company Information
for the year ended 28 February 2022
Directors
Sivan Korren
Felice Gobati
Company Number
10621827 (England and Wales)
Registered Office
UNIT 2
PROPELLER WAY
LONDON
NW4 4BW
ENGLAND
Accountants
Intertax Consulting Ltd
54 Broadfields Avenue
Edgware
UK
HA8 8SW
BIO DIMA LIMITED
Statement of financial position
as at 28 February 2022
Tangible assets
8,331
14,898
Inventories
261,931
191,814
Cash at bank and in hand
117
4,936
Creditors: amounts falling due within one year
(232,876)
(144,668)
Net current assets
136,028
160,058
Total assets less current liabilities
144,360
174,957
Creditors: amounts falling due after more than one year
(164,710)
(179,248)
Net liabilities
(20,350)
(4,291)
Called up share capital
150
150
Profit and loss account
(20,500)
(4,441)
Shareholders' funds
(20,350)
(4,291)
For the year ending 28 February 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 12 August 2022 and were signed on its behalf by
Sivan Korren
Director
Company Registration No. 10621827
BIO DIMA LIMITED
Notes to the Accounts
for the year ended 28 February 2022
BIO DIMA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10621827. The registered office is UNIT 2, PROPELLER WAY, LONDON, NW4 4BW, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
BIO DIMA LIMITED
Notes to the Accounts
for the year ended 28 February 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2021
20,265
19,800
40,065
At 28 February 2022
23,265
19,800
43,065
At 1 March 2021
9,867
15,300
25,167
Charge for the year
5,067
4,500
9,567
At 28 February 2022
14,934
19,800
34,734
At 28 February 2022
8,331
-
8,331
At 28 February 2021
10,398
4,500
14,898
5
Investments
Subsidiary undertakings
Valuation at 1 March 2021
1
Valuation at 28 February 2022
1
6
Debtors: amounts falling due within one year
2022
2021
Amounts due from group undertakings etc.
499
499
Accrued income and prepayments
56
-
Debtors: amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
31,724
34,943
Trade creditors
196,161
114,167
Amounts owed to group undertakings and other participating interests
(4,721)
-
BIO DIMA LIMITED
Notes to the Accounts
for the year ended 28 February 2022
8
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
93,547
92,295
9
Average number of employees
During the year the average number of employees was 12 (2021: 5).