Company Registration No. 11628761 (England and Wales)
Busy Plus Ltd
Accounts
for the year ended 31 October 2024
Busy Plus Ltd
Accounts
Contents
Busy Plus Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
23,594
34,552
Creditors: amounts falling due within one year
66,385
64,106
Net current assets
89,979
98,658
Called up share capital
100
100
Profit and loss account
90,071
98,798
Shareholders' funds
90,171
98,898
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 23 November 2024 and were signed on its behalf by
Magdy Mahmoud KHATTAB
Director
Company Registration No. 11628761
Busy Plus Ltd
Notes to the Accounts
for the year ended 31 October 2024
Busy Plus Ltd is a private company, limited by shares, registered in England and Wales, registration number 11628761. The registered office is 33 Kilwinning Drive, Milton Keynes, MK10 9BW, England.
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
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
5,292
Loans from directors
(67,901)
(69,398)
Busy Plus Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).