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Registration number: 01538461

Bindsite Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Bindsite Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Bindsite Ltd

Company Information

Directors

Mrs Caroline Faktor

Mr Stephen Faktor

Thomas Faktor

Company secretary

Mr Stephen Faktor

Thomas Faktor

Registered office

1 Ascott Avenue
Ealing
W5 3XL

Accountants

MG Group (Professional Services) Limited
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Bindsite Ltd
for the Year Ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bindsite Ltd for the year ended 31 December 2023 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Bindsite Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bindsite Ltd and state those matters that we have agreed to state to the Board of Directors of Bindsite Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bindsite Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bindsite Ltd 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 Bindsite Ltd. You consider that Bindsite Ltd 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 Bindsite Ltd. 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.

......................................

MG Group (Professional Services) Limited
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

18 September 2024

 

Bindsite Ltd

(Registration number: 01538461)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Stocks

209,440

138,187

Debtors

36,137

23,405

Cash at bank and in hand

 

28,432

110,546

Current assets

 

274,009

272,138

Creditors within 1yr

 

(179,269)

(183,225)

Total assets less current liabilities

 

94,740

88,913

Loans and borrowings

 

(14,810)

(24,952)

Accrued expenses

 

(3,000)

(2,950)

   

76,930

61,011

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

76,830

60,911

Capital and reserves

 

76,930

61,011

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Ascott Avenue
Ealing
W5 3XL
England

These financial statements were authorised for issue by the Board on 18 September 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 2).

For the financial 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.

Directors' responsibilities:

 

Bindsite Ltd

(Registration number: 01538461)
Balance Sheet as at 31 December 2023

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2024 and signed on its behalf by:
 

.........................................
Mr Stephen Faktor
Company secretary and director