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Company Registration No. 12593806 (England and Wales)
Biana E-Commerce Ltd Unaudited accounts for the year ended 31 May 2022
Biana E-Commerce Ltd Unaudited accounts Contents
Page
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Biana E-Commerce Ltd Company Information for the year ended 31 May 2022
Director
Mircea-Laurentiu Biltac
Company Number
12593806 (England and Wales)
Registered Office
6 Woodland Walk Colchester CO4 6DH
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Biana E-Commerce Ltd Statement of financial position as at 31 May 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Inventories
1,624 
- 
Cash at bank and in hand
18,163 
- 
19,787 
- 
Creditors: amounts falling due within one year
(17,156)
(188)
Net current assets/(liabilities)
2,631 
(188)
Net assets/(liabilities)
2,631 
(188)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,531 
(288)
Shareholders' funds
2,631 
(188)
For the year ending 31 May 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 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 3 September 2022 and were signed on its behalf by
Mircea-Laurentiu Biltac Director Company Registration No. 12593806
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Biana E-Commerce Ltd Notes to the Accounts for the year ended 31 May 2022
1
Statutory information
Biana E-Commerce Ltd is a private company, limited by shares, registered in England and Wales, registration number 12593806. The registered office is 6 Woodland Walk, Colchester, CO4 6DH.
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.
3
Accounting policies
These financial statements for the year ended 31 May 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 11 May 2020. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
701 
- 
Other creditors
481 
- 
Loans from directors
15,974 
(12)
Accruals
- 
200 
17,156 
188 
5
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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