Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-302022-10-01falseNo description of principal activity1817falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08334624 2022-10-01 2023-09-30 08334624 2023-09-30 08334624 2021-10-01 2022-09-30 08334624 2022-09-30 08334624 c:CompanySecretary1 2022-10-01 2023-09-30 08334624 c:Director1 2022-10-01 2023-09-30 08334624 c:Director2 2022-10-01 2023-09-30 08334624 c:Director3 2022-10-01 2023-09-30 08334624 c:Director4 2022-10-01 2023-09-30 08334624 c:Director5 2022-10-01 2023-09-30 08334624 c:RegisteredOffice 2022-10-01 2023-09-30 08334624 d:OfficeEquipment 2022-10-01 2023-09-30 08334624 d:OfficeEquipment 2023-09-30 08334624 d:OfficeEquipment 2022-09-30 08334624 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08334624 d:ComputerEquipment 2022-10-01 2023-09-30 08334624 d:ComputerEquipment 2023-09-30 08334624 d:ComputerEquipment 2022-09-30 08334624 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08334624 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08334624 d:CurrentFinancialInstruments 2023-09-30 08334624 d:CurrentFinancialInstruments 2022-09-30 08334624 d:Non-currentFinancialInstruments 2023-09-30 08334624 d:Non-currentFinancialInstruments 2022-09-30 08334624 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08334624 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 08334624 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 08334624 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 08334624 d:ShareCapital 2023-09-30 08334624 d:ShareCapital 2022-09-30 08334624 d:SharePremium 2023-09-30 08334624 d:SharePremium 2022-09-30 08334624 d:RetainedEarningsAccumulatedLosses 2023-09-30 08334624 d:RetainedEarningsAccumulatedLosses 2022-09-30 08334624 c:FRS102 2022-10-01 2023-09-30 08334624 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 08334624 c:FullAccounts 2022-10-01 2023-09-30 08334624 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure
Company registration number: 08334624







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2023


BANKBI LIMITED






































img43e3.png                        

 


BANKBI LIMITED
 


 
COMPANY INFORMATION


Directors
Mr G Goble 
Mr K Waterman 
Mr P Sutherland 
Mr S Goble 
Mr B Kaas 




Company secretary
Mr C Goble



Registered number
08334624



Registered office
Kingfisher House
Quarry Lane

Yateley

Hampshire

GU46 6XW




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


BANKBI LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


BANKBI LIMITED
REGISTERED NUMBER:08334624



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,225
9,632

Investments
 5 
100
100

  
14,325
9,732

Current assets
  

Debtors: amounts falling due within one year
 6 
148,440
232,437

Cash at bank and in hand
  
423,366
239,810

  
571,806
472,247

Creditors: amounts falling due within one year
  
(3,544,855)
(2,477,456)

Net current liabilities
  
 
 
(2,973,049)
 
 
(2,005,209)

Total assets less current liabilities
  
(2,958,724)
(1,995,477)

Creditors: amounts falling due after more than one year
 7 
(116,667)
(250,001)

  

Net liabilities
  
(3,075,391)
(2,245,478)


Capital and reserves
  

Allotted, called up and fully paid share capital
  
2,222
2,222

Share premium account
  
1,150,526
1,150,526

Profit and loss account
  
(4,228,139)
(3,398,226)

  
(3,075,391)
(2,245,478)


Page 1

 


BANKBI LIMITED
REGISTERED NUMBER:08334624


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr G Goble
Director

Date: 21 February 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Bankbi Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 3

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 18 (2022 - 17).


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2022
466
30,085
30,551


Additions
-
8,668
8,668



At 30 September 2023

466
38,753
39,219



Depreciation


At 1 October 2022
308
20,611
20,919


Charge for the year on owned assets
52
4,023
4,075



At 30 September 2023

360
24,634
24,994



Net book value



At 30 September 2023
106
14,119
14,225



At 30 September 2022
158
9,474
9,632

Page 4

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2022
100



At 30 September 2023
100





6.


Debtors

2023
2022
£
£


Other debtors
148,440
232,437

148,440
232,437



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
116,667
166,667

Other loans
-
83,334

116,667
250,001


 
Page 5