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Company Registration No. 10681593 (England and Wales)
Byways Technology Limited Unaudited accounts for the year ended 31 March 2024
Byways Technology Limited Unaudited accounts Contents
Page
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Byways Technology Limited Company Information for the year ended 31 March 2024
Director
P. Haire
Company Number
10681593 (England and Wales)
Registered Office
87 Wordsworth Road Slough Berkshire SL2 2NU United Kingdom
Accountants
McDonagh & Company Chartered Certified Accountants. McDonagh & Company Chartered Certified Accountants 54 Bridge Street, Walton On Thames, Surrey. KT12 1AP
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Byways Technology Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Byways Technology Limited for the year ended 31 March 2024 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Byways Technology Limited, as a body, in accordance with the terms of our engagement letter dated 27 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of Byways Technology Limited and state those matters that we have agreed to state to the Board of Directors of Byways Technology Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Byways Technology Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Byways Technology Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Byways Technology Limited. You consider that Byways Technology Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Byways Technology Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
McDonagh & Company Chartered Certified Accountants. Chartered Certified Accountants McDonagh & Company Chartered Certified Accountants 54 Bridge Street, Walton On Thames, Surrey. KT12 1AP 18 August 2024
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Byways Technology Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
28,857 
39,586 
Cash at bank and in hand
52,051 
19,791 
80,908 
59,377 
Creditors: amounts falling due within one year
(71,507)
(45,317)
Net current assets
9,401 
14,060 
Net assets
9,401 
14,060 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,400 
14,059 
Shareholders' funds
9,401 
14,060 
For the year ending 31 March 2024 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 18 August 2024 and were signed on its behalf by
P. Haire Director Company Registration No. 10681593
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Byways Technology Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Byways Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 10681593. The registered office is 87 Wordsworth Road, Slough, Berkshire, SL2 2NU, 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
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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,857 
39,586 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,179 
- 
VAT
2,368 
(881)
Trade creditors
24,145 
258 
Taxes and social security
3,707 
5,021 
Other creditors
- 
3 
Loans from directors
19,203 
31,048 
Accruals
10,905 
9,868 
71,507 
45,317 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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