Company Registration No. 07251943 (England and Wales)
Bit4id Limited
Accounts
for the year ended 31 December 2023
Bit4id Limited
Accounts
Contents
Bit4id Limited
Company Information
for the year ended 31 December 2023
Company Number
07251943 (England and Wales)
Registered Office
99
CUMBERLAND ROAD
PLAISTOW
LONDON
E13 8LH
United Kingdom
Bit4id Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
23,892
28,870
Creditors: amounts falling due within one year
(24,997)
(76,582)
Net current assets
142,313
240,840
Net assets
142,313
240,968
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
Bit4id Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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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.
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.
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:
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
143,418
288,552
Bit4id Limited
Notes to the Accounts
for the year ended 31 December 2023
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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
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Average number of employees
During the year the average number of employees was 2 (2022: 2).