Company Registration No. 11617713 (England and Wales)
BIOWARE PRODUCTS LTD
Unaudited accounts
for the year ended 31 December 2022
BIOWARE PRODUCTS LTD
Unaudited accounts
Contents
BIOWARE PRODUCTS LTD
Company Information
for the year ended 31 December 2022
Company Number
11617713 (England and Wales)
Registered Office
1 OVERDALE ROAD
CHESHAM
BUCKINGHAMSHIRE
HP5 2DZ
United Kingdom
Accountants
SAP Accountancy Ltd
38 Castleham Business Centre
Sterling Road
Hastings
TN38 9NP
BIOWARE PRODUCTS LTD
Statement of financial position
as at 31 December 2022
Tangible assets
1,255
1,679
Cash at bank and in hand
40,800
27,491
Creditors: amounts falling due within one year
(89,155)
(74,352)
Net current assets
23,810
103
Profit and loss account
25,063
1,781
Shareholders' funds
25,065
1,782
For the year ending 31 December 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 30 September 2023 and were signed on its behalf by
S Thakar
Director
Company Registration No. 11617713
BIOWARE PRODUCTS LTD
Notes to the Accounts
for the year ended 31 December 2022
BIOWARE PRODUCTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11617713. The registered office is 1 OVERDALE ROAD, CHESHAM, BUCKINGHAMSHIRE, HP5 2DZ, United Kingdom.
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.
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
20% on Straight Line
Computer equipment
25% on Straight Line
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
1,319
639
1,958
At 31 December 2022
1,319
639
1,958
At 1 January 2022
66
213
279
Charge for the year
264
160
424
At 31 December 2022
330
373
703
At 31 December 2022
989
266
1,255
At 31 December 2021
1,253
426
1,679
Amounts falling due within one year
Trade debtors
41,761
37,479
BIOWARE PRODUCTS LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,452
13,346
Taxes and social security
5,561
183
Loans from directors
54,125
54,589
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Average number of employees
During the year the average number of employees was 0 (2021: 0).