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Company Registration No. 11837316 (England and Wales)
BI TECHNOLOGY SERVICES LIMITED Unaudited accounts for the year ended 29 February 2024
BI TECHNOLOGY SERVICES LIMITED Unaudited accounts Contents
Page
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BI TECHNOLOGY SERVICES LIMITED Company Information for the year ended 29 February 2024
Director
Shankara Narayanan Kanagaraj
Company Number
11837316 (England and Wales)
Registered Office
1 Harthill Avenue, Glidersome Morley Leeds LS27 7EZ United Kingdom
Accountants
THE TAXCOM ACCOUNTANTS LLP 109 CHEETHAM HILL ROAD MANCHESTER M8 8PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of BI TECHNOLOGY SERVICES LIMITED for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BI TECHNOLOGY SERVICES LIMITED for the year ended 29 February 2024 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of BI TECHNOLOGY SERVICES LIMITED, as a body, in accordance with the terms of our engagement letter dated 13 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of BI TECHNOLOGY SERVICES LIMITED and state those matters that we have agreed to state to the Board of Directors of BI TECHNOLOGY SERVICES LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BI TECHNOLOGY SERVICES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BI TECHNOLOGY SERVICES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BI TECHNOLOGY SERVICES LIMITED. You consider that BI TECHNOLOGY SERVICES LIMITED 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 BI TECHNOLOGY SERVICES LIMITED. 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.
THE TAXCOM ACCOUNTANTS LLP Chartered Certified Accountants 109 CHEETHAM HILL ROAD MANCHESTER M8 8PY 18 November 2024
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BI TECHNOLOGY SERVICES LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
683 
1,019 
Current assets
Cash at bank and in hand
28,150 
40,404 
Creditors: amounts falling due within one year
(1,878)
(1,599)
Net current assets
26,272 
38,805 
Net assets
26,955 
39,824 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,855 
39,724 
Shareholders' funds
26,955 
39,824 
For the year ending 29 February 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 18 November 2024 and were signed on its behalf by
Shankara Narayanan Kanagaraj Director Company Registration No. 11837316
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BI TECHNOLOGY SERVICES LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
BI TECHNOLOGY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11837316. The registered office is 1 Harthill Avenue, Glidersome, Morley, Leeds, LS27 7EZ, United Kingdom.
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:
Computer equipment
33%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2023
3,002 
At 29 February 2024
3,002 
Depreciation
At 1 March 2023
1,983 
Charge for the year
336 
At 29 February 2024
2,319 
Net book value
At 29 February 2024
683 
At 28 February 2023
1,019 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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