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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
Page
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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
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BIO DIMA LIMITED Statement of financial position as at 28 February 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,331 
14,898 
Investments
1 
1 
8,332 
14,899 
Current assets
Inventories
261,931 
191,814 
Debtors
106,856 
107,976 
Cash at bank and in hand
117 
4,936 
368,904 
304,726 
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)
Capital and reserves
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
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BIO DIMA LIMITED Notes to the Accounts for the year ended 28 February 2022
1
Statutory information
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.
3
Accounting policies
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.
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. 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:
Plant & machinery
25%
Motor vehicles
25%
Inventories
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.
Foreign exchange
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.
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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 
Additions
3,000 
- 
3,000 
At 28 February 2022
23,265 
19,800 
43,065 
Depreciation
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 
Net book value
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 
£ 
£ 
VAT
8,203 
96,882 
Trade debtors
86,991 
- 
Amounts due from group undertakings etc.
499 
499 
Accrued income and prepayments
56 
- 
Other debtors
- 
10,595 
95,749 
107,976 
Debtors: amounts falling due after more than one year
Other debtors
11,107 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
31,724 
34,943 
VAT
- 
(4,942)
Trade creditors
196,161 
114,167 
Amounts owed to group undertakings and other participating interests
(4,721)
- 
Other creditors
- 
500 
Accruals
9,712 
- 
232,876 
144,668 
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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 
£ 
£ 
Bank loans
71,163 
86,953 
Amounts owed to group undertakings and other participating interests
93,547 
92,295 
164,710 
179,248 
9
Average number of employees
During the year the average number of employees was 12 (2021: 5).
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