Acorah Software Products - Accounts Production 14.5.601 false true 28 February 2022 1 March 2021 false 1 March 2022 31 August 2023 31 August 2023 12438626 Dr David Howat true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12438626 2022-02-28 12438626 2023-08-31 12438626 2022-03-01 2023-08-31 12438626 frs-core:CurrentFinancialInstruments 2023-08-31 12438626 frs-core:ComputerEquipment 2023-08-31 12438626 frs-core:ComputerEquipment 2022-03-01 2023-08-31 12438626 frs-core:ComputerEquipment 2022-02-28 12438626 frs-core:FurnitureFittings 2023-08-31 12438626 frs-core:FurnitureFittings 2022-03-01 2023-08-31 12438626 frs-core:FurnitureFittings 2022-02-28 12438626 frs-core:MotorVehicles 2023-08-31 12438626 frs-core:MotorVehicles 2022-03-01 2023-08-31 12438626 frs-core:MotorVehicles 2022-02-28 12438626 frs-core:ShareCapital 2023-08-31 12438626 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12438626 frs-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-08-31 12438626 frs-bus:FilletedAccounts 2022-03-01 2023-08-31 12438626 frs-bus:SmallEntities 2022-03-01 2023-08-31 12438626 frs-bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-08-31 12438626 frs-bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-08-31 12438626 1 2022-03-01 2023-08-31 12438626 frs-bus:Director1 2022-03-01 2023-08-31 12438626 frs-countries:EnglandWales 2022-03-01 2023-08-31 12438626 2021-02-28 12438626 2022-02-28 12438626 2021-03-01 2022-02-28 12438626 frs-core:CurrentFinancialInstruments 2022-02-28 12438626 frs-core:ShareCapital 2022-02-28 12438626 frs-core:RetainedEarningsAccumulatedLosses 2022-02-28
Registered number: 12438626
The BioDev Consulting Co Ltd
Unaudited Financial Statements
For the Period 1 March 2022 to 31 August 2023
Day Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12438626
31 August 2023 28 February 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 4,164
- 4,164
CURRENT ASSETS
Debtors 5 5,223 347
Cash at bank and in hand 11,572 750
16,795 1,097
Creditors: Amounts Falling Due Within One Year 6 (12,074 ) (658 )
NET CURRENT ASSETS (LIABILITIES) 4,721 439
TOTAL ASSETS LESS CURRENT LIABILITIES 4,721 4,603
PROVISIONS FOR LIABILITIES
Deferred Taxation (791 ) (791 )
NET ASSETS 3,930 3,812
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 2,930 2,812
SHAREHOLDERS' FUNDS 3,930 3,812
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For the period ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr David Howat
Director
15/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
The BioDev Consulting Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12438626 . The registered office is 4 Quern House Mill Court, Great Shelford, Cambridge, CB22 5LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,rebetes, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in ordr to write off each asset over its estimated life.
Motor Vehicles 10% reducing balance
Fixtures & Fittings 3 years straight line
Computer Equipment 3 years straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2022: 1)
1 1
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2022 3,000 935 4,085 8,020
Disposals (3,000 ) (935 ) (4,085 ) (8,020 )
Depreciation
As at 1 March 2022 570 562 2,724 3,856
Disposals (570 ) (562 ) (2,724 ) (3,856 )
As at 31 August 2023 - - - -
Net Book Value
As at 31 August 2023 - - - -
As at 1 March 2022 2,430 373 1,361 4,164
5. Debtors
31 August 2023 28 February 2022
£ £
Due within one year
Trade debtors 5,100 -
Prepayments and accrued income 123 -
VAT - 347
5,223 347
6. Creditors: Amounts Falling Due Within One Year
31 August 2023 28 February 2022
£ £
Trade creditors - 110
Corporation tax 6,805 548
VAT 5,270 -
Other creditors (1 ) -
12,074 658
7. Share Capital
31 August 2023 28 February 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Ultimate Controlling Party
The ultimate controlling party is Mr D Howat
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