1 January 2023 false No description of principal activity Taxfiler 2024.5 07251943business:PrivateLimitedCompanyLtd2023-01-012023-12-31 072519432022-12-31 072519432023-01-012023-12-31 07251943business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 07251943business:FilletedAccounts2023-01-012023-12-31 072519432023-12-31 07251943business:Director12023-01-012023-12-31 07251943business:RegisteredOffice2023-01-012023-12-31 072519432022-12-31 07251943core:WithinOneYear2023-12-31 07251943core:WithinOneYear2022-12-31 07251943core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07251943core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 07251943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07251943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 07251943core:PreviouslyStatedAmount2023-12-31 07251943core:PreviouslyStatedAmount2022-12-31 07251943business:SmallEntities2023-01-012023-12-31 07251943countries:EnglandWales2023-01-012023-12-31 07251943core:PlantMachinery2022-12-31 07251943core:PlantMachinery2023-01-012023-12-31 07251943core:PlantMachinery2023-12-31 072519432022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07251943 (England and Wales)
Bit4id Limited Accounts for the year ended 31 December 2023
Bit4id Limited Accounts Contents
Page
- 2 -
Bit4id Limited Company Information for the year ended 31 December 2023
Director
LUCA MOCERINO
Company Number
07251943 (England and Wales)
Registered Office
99 CUMBERLAND ROAD PLAISTOW LONDON E13 8LH United Kingdom
- 3 -
Bit4id Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
128 
Current assets
Debtors
143,418 
288,552 
Cash at bank and in hand
23,892 
28,870 
167,310 
317,422 
Creditors: amounts falling due within one year
(24,997)
(76,582)
Net current assets
142,313 
240,840 
Net assets
142,313 
240,968 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
141,313 
239,968 
Shareholders' funds
142,313 
240,968 
For the year ending 31 December 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 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 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 9 April 2024 and were signed on its behalf by
LUCA MOCERINO Director Company Registration No. 07251943
- 4 -
Bit4id Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Bit4id Limited is a private company, limited by shares, registered in England and Wales, registration number 07251943. The registered office is 99, CUMBERLAND ROAD, PLAISTOW, LONDON, E13 8LH, 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.
3
Accounting policies
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,250 
Disposals
(128)
At 31 December 2023
1,122 
Depreciation
At 1 January 2023
1,122 
At 31 December 2023
1,122 
Net book value
At 31 December 2023
- 
At 31 December 2022
128 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
143,418 
288,552 
- 5 -
Bit4id Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
17,810 
17,810 
Taxes and social security
2,097 
43,661 
Other creditors
5,090 
15,111 
24,997 
76,582 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -