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Company Registration No. 11205028 (England and Wales)
Biolabskills Limited Unaudited accounts for the year ended 29 February 2024
Biolabskills Limited Unaudited accounts Contents
Page
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Biolabskills Limited Company Information for the year ended 29 February 2024
Director
Dr Sarah Mason
Secretary
Dr Sarah Mason
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
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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
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Biolabskills Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,579 
6,104 
Current assets
Debtors
5,550 
1,320 
Cash at bank and in hand
4,291 
6,774 
9,841 
8,094 
Creditors: amounts falling due within one year
(5,864)
(4,737)
Net current assets
3,977 
3,357 
Net assets
8,556 
9,461 
Capital and reserves
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
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Biolabskills Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
At 29 February 2024
1,821 
2,758 
4,579 
At 28 February 2023
2,427 
3,677 
6,104 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,550 
1,320 
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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 
Accruals
720 
720 
5,864 
4,737 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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