BITW COMMERCE LTD

Company Registration Number:
13139223 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

BITW COMMERCE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BITW COMMERCE LTD

Company Information

for the Period Ended 31 January 2023




Director: Abigail Reade
Christopher Spurrier
Registered office: 67
Earle Street
Newton-Le-Willows
England
WA12 9PE
Company Registration Number: 13139223 (England and Wales)

BITW COMMERCE LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

The company's principal activity during the period was the selling of goods via online marketplaces.

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Abigail Reade
Christopher Spurrier

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: Abigail Reade
Status: Director

BITW COMMERCE LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 19,192 -
Cost of sales ( 26 ) -
Gross Profit or (Loss) 19,166 -
Distribution Costs ( 394 ) -
Administrative Expenses ( 11,697 ) -
Operating Profit or (Loss) 7,075 -
Profit or (Loss) Before Tax 7,075 -
Tax on Profit ( 5,731 ) -
Profit or (Loss) for Period 1,344 -

The notes form part of these financial statements

BITW COMMERCE LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,315 2,315
Total fixed assets: 2,315 2,315
Current assets
Stocks: 1
Debtors: 5 1,792
Cash at bank and in hand: 24,298
Total current assets: 26,090 1
Creditors: amounts falling due within one year: 6 ( 13,435 )
Net current assets (liabilities): 12,655 1
Total assets less current liabilities: 14,970 2,316
Total net assets (liabilities): 14,970 2,316

The notes form part of these financial statements

BITW COMMERCE LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 2,316
Profit and loss account: 14,969
Shareholders funds: 14,970 2,316

For the year ending 31 January 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.

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

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: Abigail Reade
Status: Director

The notes form part of these financial statements

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2022 2,315 2,315
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 2,315 2,315
Depreciation
At 01 February 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2023 - -
Net book value
At 31 January 2023 2,315 2,315
At 31 January 2022 2,315 2,315

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Debtors


2023
£

2022
£
Trade debtors 1,792
Total 1,792

BITW COMMERCE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 145
Other creditors 13,290
Total 13,435