2023-09-01 06262536 2024-08-31 06262536 2023-09-01 2024-08-31 06262536 2023-08-31 06262536 2022-09-01 2023-08-31 06262536 uk-core:WithinOneYear 2023-08-31 06262536 uk-core:WithinOneYear 2024-08-31 06262536 uk-core:ShareCapital 2024-08-31 06262536 uk-core:ShareCapital 2023-08-31 06262536 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 06262536 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 06262536 uk-bus:Director1 2023-09-01 2024-08-31 06262536 uk-core:Goodwill 2023-08-31 06262536 uk-core:Goodwill 2024-08-31 06262536 uk-core:ToolsEquipment 2023-08-31 06262536 uk-core:FurnitureFittings 2023-08-31 06262536 uk-core:ToolsEquipment 2023-09-01 2024-08-31 06262536 uk-core:FurnitureFittings 2023-09-01 2024-08-31 06262536 uk-core:FurnitureFittings 2024-08-31 06262536 uk-core:ToolsEquipment 2024-08-31 06262536 uk-core:WithinOneYear 2024-08-31 06262536 uk-core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure 06262536 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 06262536 uk-bus:FRS102 2023-09-01 2024-08-31 06262536 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 06262536 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Biz Virtual Ltd
Registered Number:06262536
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Biz Virtual Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06262536
As at 31 August 2024
Biz Virtual Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
14,028
12,402
3
14,028
12,402
Current assets
Trade and other receivables
15,267
14,818
4
56,359
Cash and cash equivalents
135,241
150,059
71,626
Trade and other payables: amounts falling due within one
year
(34,993)
(80,429)
5
36,633
69,630
Net current assets
Total assets less current liabilities
83,658
49,035
83,658
Net assets
49,035
Capital and reserves
Called up share capital
100
100
Retained earnings
83,558
48,935
83,658
49,035
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Rita Shah Director
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 August 2024
Biz Virtual Ltd
Notes to the Financial Statements
Statutory Information
Biz Virtual Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
06262536.
Registered address:
Conquest House
248 Toddington Road
Luton
England
LU4 9DZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 September 2023
22,500
At 31 August 2024
22,500
Amortisation
At 01 September 2023
22,500
At 31 August 2024
22,500
Net book value
At 31 August 2024
-
At 31 August 2023
-
2 of 3
5
For the year ended 31 August 2024
Biz Virtual Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 September 2023
31,175
21,756
9,419
4,727
677
4,050
Additions
At 31 August 2024
13,469
22,433
35,902
Provision for depreciation and impairment
At 01 September 2023
18,773
14,923
3,850
Charge for year
3,101
1,709
1,392
At 31 August 2024
21,874
16,632
5,242
At 31 August 2024
Net book value
8,227
5,801
14,028
At 31 August 2023
5,569
6,833
12,402
4. Trade and other receivables
2023
2024
£
£
Trade debtors
13,902
14,351
Other debtors
916
916
15,267
14,818
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
17,656
-
Trade creditors
2,562
2,148
Taxation and social security
28,836
20,082
Other creditors
31,375
12,763
80,429
34,993
6. Average number of persons employed
During the year the average number of employees was 7 (2023 : 6)
3 of 3