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Company Registration No. 10873532 (England and Wales)
BISO LTD Unaudited accounts for the year ended 30 June 2024
BISO LTD Unaudited accounts Contents
Page
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BISO LTD Company Information for the year ended 30 June 2024
Director
BISER IVANOV
Company Number
10873532 (England and Wales)
Registered Office
10 FLEMING GARDENS ROMFORD RM3 0WA ENGLAND
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BISO LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,161 
29,693 
Current assets
Debtors
(1,362)
- 
Cash at bank and in hand
26,450 
50,613 
25,088 
50,613 
Creditors: amounts falling due within one year
(18,885)
(48,789)
Net current assets
6,203 
1,824 
Total assets less current liabilities
65,364 
31,517 
Creditors: amounts falling due after more than one year
(52,917)
(22,640)
Net assets
12,447 
8,877 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
12,446 
8,876 
Shareholders' funds
12,447 
8,877 
For the year ending 30 June 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 23 September 2024 and were signed on its behalf by
BISER IVANOV Director Company Registration No. 10873532
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BISO LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
BISO LTD is a private company, limited by shares, registered in England and Wales, registration number 10873532. The registered office is 10 FLEMING GARDENS, ROMFORD, RM3 0WA, ENGLAND.
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.
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
18%
Motor vehicles
6%-18%
Fixtures & fittings
18%
Computer equipment
18%
Other tangible fixed assets
18%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
2,034 
34,488 
36,522 
Additions
- 
62,123 
62,123 
Disposals
- 
(34,488)
(34,488)
At 30 June 2024
2,034 
62,123 
64,157 
Depreciation
At 1 July 2023
1,102 
5,727 
6,829 
Charge for the year
167 
3,727 
3,894 
On disposals
- 
(5,727)
(5,727)
At 30 June 2024
1,269 
3,727 
4,996 
Net book value
At 30 June 2024
765 
58,396 
59,161 
At 30 June 2023
932 
28,761 
29,693 
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BISO LTD Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
462 
- 
Other debtors
(1,824)
- 
(1,362)
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,377 
8,831 
VAT
8,542 
20,364 
Trade creditors
2,610 
1,414 
Taxes and social security
4,356 
3,746 
Loans from directors
- 
13,000 
Accruals
- 
1,434 
18,885 
48,789 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
52,917 
22,640 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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