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REGISTERED NUMBER: 07813816 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Biblos Ltd

Biblos Ltd (Registered number: 07813816)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Biblos Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: W V Clarke
A D Czaczkes





REGISTERED OFFICE: 62a Stokes Croft
Stokes Croft
Bristol
BS1 3QU





REGISTERED NUMBER: 07813816 (England and Wales)





ACCOUNTANTS: Northcott Accountancy Limited
Chartered Accountants
134 Johnson Road
Bristol
BS16 7JP

Biblos Ltd (Registered number: 07813816)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 171,257 185,252

CURRENT ASSETS
Stocks 5 5,399 4,899
Debtors 6 38,484 25,425
Cash at bank and in hand 36,202 37,087
80,085 67,411
CREDITORS
Amounts falling due within one year 7 (120,767 ) (80,998 )
NET CURRENT LIABILITIES (40,682 ) (13,587 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,575

171,665

CREDITORS
Amounts falling due after more than one
year

8

(21,180

)

(42,541

)

ACCRUALS AND DEFERRED INCOME (19,828 ) (6,698 )
NET ASSETS 89,567 122,426

Biblos Ltd (Registered number: 07813816)

Balance Sheet - continued
31 January 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 12 18 18
Retained earnings 89,549 122,408
SHAREHOLDERS' FUNDS 89,567 122,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:




W V Clarke - Director



A D Czaczkes - Director


Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Biblos Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principle accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements

Turnover
Turnover is measured at the fair value of the consideration received and represents amounts receivable for goods provided in the normal course of business, net of discounts, VAT and other sales related taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - Straight line until lease review date
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


2. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are dereognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the assets has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including trade and other creditor and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when and only when the company's contractual obligations are discharged, cancelled or they expire.


Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 32 ) .

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2023 144,792 117,966 152,113
Additions - 2,448 8,696
Disposals - - -
At 31 January 2024 144,792 120,414 160,809
DEPRECIATION
At 1 February 2023 67,541 79,495 97,660
Charge for year 19,313 8,184 12,630
Eliminated on disposal - - -
At 31 January 2024 86,854 87,679 110,290
NET BOOK VALUE
At 31 January 2024 57,938 32,735 50,519
At 31 January 2023 77,251 38,471 54,453

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 25,895 10,948 451,714
Additions 25,995 1,625 38,764
Disposals (3,900 ) - (3,900 )
At 31 January 2024 47,990 12,573 486,578
DEPRECIATION
At 1 February 2023 11,828 9,938 266,462
Charge for year 9,592 1,345 51,064
Eliminated on disposal (2,205 ) - (2,205 )
At 31 January 2024 19,215 11,283 315,321
NET BOOK VALUE
At 31 January 2024 28,775 1,290 171,257
At 31 January 2023 14,067 1,010 185,252

5. STOCKS
2024 2023
£    £   
Stocks 5,399 4,899

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,938 -
Other debtors 11,529 17,570
Directors' current accounts - 873
Tax - 6,704
Prepayments and accrued income 5,017 278
38,484 25,425

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 28,499 26,606
Hire purchase contracts (see note 10) 5,243 -
Trade creditors 58,418 44,750
Amounts owed to related party - 354
Tax 10,770 -
Social security and other taxes 7,762 6,050
VAT 3,791 593
Other creditors 2,945 1,703
Directors' current accounts 3,339 942
120,767 80,998

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 13,956 42,541
Hire purchase contracts (see note 10) 7,224 -
21,180 42,541

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 28,499 26,606

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,426 28,585

Amounts falling due between two and five years:
Bank loans - 2-5 years 3,530 13,956

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 5,243 -
Between one and five years 7,224 -
12,467 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 30,800 30,800
Between one and five years 47,733 78,533
78,533 109,333

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 42,455 69,147
Hire purchase contracts 12,467 -
54,922 69,147

The Directors have provided a personal guarantee to the bank for the value of £35,000.
The bank also hold a fixed and floating charge over the company property and all assets.

Biblos Ltd (Registered number: 07813816)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
18 Ordinary £1 18 18

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
W V Clarke
Balance outstanding at start of year 873 64,151
Amounts advanced 871 3,376
Amounts repaid (4,863 ) (66,654 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,119 ) 873

A D Czaczkes
Balance outstanding at start of year (942 ) 3,658
Amounts advanced 3,817 1,997
Amounts repaid (3,095 ) (6,597 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (220 ) (942 )

The loans are interest free and are repayable on demand.