Company Registration No. 12273221 (England and Wales)
Bannersinc Ltd
Unaudited accounts
for the year ended 31 October 2023
Bannersinc Ltd
Unaudited accounts
Contents
Bannersinc Ltd
Company Information
for the year ended 31 October 2023
Company Number
12273221 (England and Wales)
Registered Office
8 Torside Way
Swinton
Manchester
LANCASHIRE
M27 6HF
United Kingdom
Bannersinc Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
5,777
6,867
Cash at bank and in hand
(3,589)
(3,218)
Net current liabilities
(3,589)
(3,218)
Total assets less current liabilities
2,188
3,649
Creditors: amounts falling due after more than one year
(26,447)
(25,311)
Net liabilities
(24,259)
(21,662)
Called up share capital
1
1
Profit and loss account
(24,260)
(21,663)
Shareholders' funds
(24,259)
(21,662)
For the year ending 31 October 2023 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 29 July 2024 and were signed on its behalf by
Ciara Douglas
Director
Company Registration No. 12273221
Bannersinc Ltd
Notes to the Accounts
for the year ended 31 October 2023
Bannersinc Ltd is a private company, limited by shares, registered in England and Wales, registration number 12273221. The registered office is 8 Torside Way, Swinton, Manchester, LANCASHIRE, M27 6HF, United Kingdom.
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:
Plant & machinery
15% on Reducing Balance
Computer equipment
25% on Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
10,208
1,418
11,626
At 31 October 2023
10,208
1,418
11,626
At 1 November 2022
3,939
820
4,759
Charge for the year
940
150
1,090
At 31 October 2023
4,879
970
5,849
At 31 October 2023
5,329
448
5,777
At 31 October 2022
6,269
598
6,867
5
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
26,447
25,311
Bannersinc Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).