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Company Registration No. SC589601 (Scotland)
Bistrosbysam ltd Unaudited accounts for the year ended 29 February 2024
Bistrosbysam ltd Unaudited accounts Contents
Page
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Bistrosbysam ltd Company Information for the year ended 29 February 2024
Director
Samuel Alves
Company Number
SC589601 (Scotland)
Registered Office
5 APPLE WAY GLASGOW G75 0GB SCOTLAND
Accountants
FP Business Services Ltd Atrium Business Centre North Caldeen Road Coatbridge ML5 4EF
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Accountants' report on the preparation of the unaudited statutory statements of Bistrosbysam ltd (The Company) for the year ended 29 February 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 29 February 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 29 February 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. 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 financial statements.
FP Business Services Ltd Financial Accountants Atrium Business Centre North Caldeen Road Coatbridge ML5 4EF 15 August 2024
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Bistrosbysam ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,976 
4,027 
Current assets
Inventories
1,000 
- 
Debtors
45,356 
43,383 
Cash at bank and in hand
13,807 
23,399 
60,163 
66,782 
Creditors: amounts falling due within one year
(16,582)
(21,640)
Net current assets
43,581 
45,142 
Total assets less current liabilities
46,557 
49,169 
Creditors: amounts falling due after more than one year
(21,592)
(35,899)
Net assets
24,965 
13,270 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
24,955 
13,260 
Shareholders' funds
24,965 
13,270 
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.
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 15 August 2024 and were signed on its behalf by
Samuel Alves Director Company Registration No. SC589601
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Bistrosbysam ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Bistrosbysam ltd is a private company, limited by shares, registered in Scotland, registration number SC589601. The registered office is 5 APPLE WAY, GLASGOW, G75 0GB, SCOTLAND.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
7,457 
1,073 
8,530 
At 29 February 2024
7,457 
1,073 
8,530 
Depreciation
At 1 March 2023
3,883 
620 
4,503 
Charge for the year
893 
158 
1,051 
At 29 February 2024
4,776 
778 
5,554 
Net book value
At 29 February 2024
2,681 
295 
2,976 
At 28 February 2023
3,574 
453 
4,027 
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Bistrosbysam ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(3,854)
(6,473)
Other debtors
49,210 
49,856 
45,356 
43,383 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
19,032 
20,963 
Trade creditors
8,486 
1,450 
Taxes and social security
3,142 
3,349 
Other creditors
189 
420 
Loans from directors
(14,267)
(4,542)
16,582 
21,640 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,592 
29,899 
Other creditors
- 
6,000 
21,592 
35,899 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Samuel Alves
Directors Advance
2,275 
- 
- 
2,275 
2,275 
- 
- 
2,275 
9
Transactions with related parties
The Other Loans include an Inter Company loan of £49656. This is at 0% interest with no fixed repayment term
10
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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