HIBYTE LIMITED

Company Registration Number:
13121117 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 February 2023

End date: 31 October 2023

HIBYTE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

HIBYTE LIMITED

Balance sheet

As at 31 October 2023


Notes

31 October 2023

31 January 2023


£

£
Fixed assets
Intangible assets: 3 48,820 20,050
Tangible assets: 4 160,875 82,750
Total fixed assets: 209,695 102,800
Current assets
Stocks: 72,860 38,710
Debtors:   158,430 138,615
Cash at bank and in hand: 48,740 31,433
Investments:   5,000 0
Total current assets: 285,030 208,758
Creditors: amounts falling due within one year:   (67,432) (130,432)
Net current assets (liabilities): 217,598 78,326
Total assets less current liabilities: 427,293 181,126
Creditors: amounts falling due after more than one year:   (31,075) (19,568)
Total net assets (liabilities): 396,218 161,558
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 395,218 160,558
Shareholders funds: 396,218 161,558

The notes form part of these financial statements

HIBYTE LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 November 2023
and signed on behalf of the board by:

Name: -
Status: Director

The notes form part of these financial statements

HIBYTE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HIBYTE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

31 October 2023 31 January 2023
Average number of employees during the period 6 5

HIBYTE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 February 2023 24,060
Additions 38,534
At 31 October 2023 62,594
Amortisation
At 01 February 2023 4,010
Charge for year 9,764
At 31 October 2023 13,774
Net book value
At 31 October 2023 48,820
At 31 January 2023 20,050

HIBYTE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 February 2023 103,311
Additions 107,135
At 31 October 2023 210,446
Depreciation
At 01 February 2023 20,561
Charge for year 29,010
At 31 October 2023 49,571
Net book value
At 31 October 2023 160,875
At 31 January 2023 82,750