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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
Page
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BY SME LTD Company Information for the year ended 31 January 2024
Director
James Stacey
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
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BY SME LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,381 
11,426 
Current assets
Inventories
1,200 
1,200 
Cash at bank and in hand
195 
2,790 
1,395 
3,990 
Creditors: amounts falling due within one year
(31,120)
(27,588)
Net current liabilities
(29,725)
(23,598)
Net liabilities
(17,344)
(12,172)
Capital and reserves
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
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BY SME LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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
4 years, reducing balance basis
Motor vehicles
4 years, reducing balance basis
Computer equipment
5 years, straight line basis
Going concern
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 
Depreciation
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 
Net book value
At 31 January 2024
3,878 
8,235 
268 
12,381 
At 31 January 2023
281 
10,980 
165 
11,426 
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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 
Accruals
720 
750 
31,120 
27,588 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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