Company Registration No. 11205028 (England and Wales)
Biolabskills Limited
Unaudited accounts
for the year ended 29 February 2024
Biolabskills Limited
Unaudited accounts
Contents
Biolabskills Limited
Company Information
for the year ended 29 February 2024
Company Number
11205028 (England and Wales)
Registered Office
Dingley Dell, Truslers Hill Lane
Albourne
Hassocks
West Sussex
BN6 9DU
England
Accountants
Afresh Accountants Limited
3 Wilbury Villas
Hove
East Sussex
BN3 6GB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Biolabskills Limited for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Biolabskills Limited for the year ended
29 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Afresh Accountants Limited
Chartered Accountants
3 Wilbury Villas
Hove
East Sussex
BN3 6GB
11 March 2024
Biolabskills Limited
Statement of financial position
as at 29 February 2024
Tangible assets
4,579
6,104
Cash at bank and in hand
4,291
6,774
Creditors: amounts falling due within one year
(5,864)
(4,737)
Net current assets
3,977
3,357
Called up share capital
1
1
Profit and loss account
8,555
9,460
Shareholders' funds
8,556
9,461
For the year ending 29 February 2024 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 her 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 11 March 2024 and were signed on its behalf by
Dr Sarah Mason
Director
Company Registration No. 11205028
Biolabskills Limited
Notes to the Accounts
for the year ended 29 February 2024
Biolabskills Limited is a private company, limited by shares, registered in England and Wales, registration number 11205028. The registered office is Dingley Dell, Truslers Hill Lane, Albourne, Hassocks, West Sussex, BN6 9DU, 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
6,197
5,192
11,389
At 29 February 2024
6,197
5,192
11,389
At 1 March 2023
3,770
1,515
5,285
Charge for the year
606
919
1,525
At 29 February 2024
4,376
2,434
6,810
At 29 February 2024
1,821
2,758
4,579
At 28 February 2023
2,427
3,677
6,104
Amounts falling due within one year
Biolabskills Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,564
3,969
Loans from directors
1,580
48
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).