Company Registration No. 11136435 (England and Wales)
BY SME LTD
Unaudited accounts
for the year ended 31 January 2024
BY SME LTD
Unaudited accounts
Contents
BY SME LTD
Company Information
for the year ended 31 January 2024
Company Number
11136435 (England and Wales)
Registered Office
Unit 9B, Nash Hall
Chelmsford Road
Ongar
Essex
CM5 9NL
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
BY SME LTD
Statement of financial position
as at 31 January 2024
Tangible assets
12,381
11,426
Cash at bank and in hand
195
2,790
Creditors: amounts falling due within one year
(31,120)
(27,588)
Net current liabilities
(29,725)
(23,598)
Net liabilities
(17,344)
(12,172)
Called up share capital
2
2
Profit and loss account
(17,346)
(12,174)
Shareholders' funds
(17,344)
(12,172)
For the year ending 31 January 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 31 October 2024 and were signed on its behalf by
James Stacey
Director
Company Registration No. 11136435
BY SME LTD
Notes to the Accounts
for the year ended 31 January 2024
BY SME LTD is a private company, limited by shares, registered in England and Wales, registration number 11136435. The registered office is Unit 9B, Nash Hall, Chelmsford Road, Ongar, Essex, CM5 9NL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
4 years, reducing balance basis
Motor vehicles
4 years, reducing balance basis
Computer equipment
5 years, straight line basis
The accounts have been prepared on a going concern basis based on the continued support of the company director.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
500
19,520
274
20,294
Additions
4,890
-
197
5,087
At 31 January 2024
5,390
19,520
471
25,381
At 1 February 2023
219
8,540
109
8,868
Charge for the year
1,293
2,745
94
4,132
At 31 January 2024
1,512
11,285
203
13,000
At 31 January 2024
3,878
8,235
268
12,381
At 31 January 2023
281
10,980
165
11,426
BY SME LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,835
15,450
Loans from directors
19,565
11,388
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).