Registered number
07923717
Bibotan Ltd
Filleted Accounts
31 January 2024
Bibotan Ltd
Registered number: 07923717
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 769 961
Current assets
Cash at bank and in hand (79) (79)
Creditors: amounts falling due within one year 4 (4,394) (1,934)
Net current liabilities (4,473) (2,013)
Total assets less current liabilities (3,704) (1,052)
Creditors: amounts falling due after more than one year 5 - (2,340)
Provisions for liabilities (295) (295)
Net liabilities (3,999) (3,687)
Capital and reserves
Share premium 1 1
Profit and loss account (4,000) (3,688)
Shareholder's funds (3,999) (3,687)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms M Mbarga
Director
Approved by the board on 28 October 2024
Bibotan Ltd
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Plant and machinery 15% Reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 31 January 2024 4,257
Depreciation
At 1 February 2023 3,296
Charge for the year 192
At 31 January 2024 3,488
Net book value
At 31 January 2024 769
At 31 January 2023 961
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 4,394 1,934
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 2,340
6 Other information
Bibotan Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor
35 New England Road
Brighton
East Sussex
BN1 4GG
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