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Company Registration No. 14692376 (England and Wales)
Bio-synergy Lifestyle Limited Unaudited accounts for the period from 27 February 2023 to 29 February 2024
Bio-synergy Lifestyle Limited Unaudited accounts Contents
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Bio-synergy Lifestyle Limited Company Information for the period from 27 February 2023 to 29 February 2024
Directors
Daniel Andrew Richard Herman Velocity Corporate Directors Limited
Company Number
14692376 (England and Wales)
Registered Office
469 Bio-Synergy Finchley Road London NW3 6HS United Kingdom
Accountants
Sleek Accounting Ltd 107 Kirkgate Leeds West Yorkshire LS1 6DP
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Bio-synergy Lifestyle Limited Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
4,969 
Tangible assets
529 
5,498 
Current assets
Inventories
7,175 
Debtors
38,192 
Cash at bank and in hand
55,249 
100,616 
Creditors: amounts falling due within one year
(29,259)
Net current assets
71,357 
Net assets
76,855 
Capital and reserves
Called up share capital
1 
Share premium
250,000 
Profit and loss account
(173,146)
Shareholders' funds
76,855 
For the period 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 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 26 November 2024 and were signed on its behalf by
Daniel Andrew Richard Herman Director Company Registration No. 14692376
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Bio-synergy Lifestyle Limited Notes to the Accounts for the period from 27 February 2023 to 29 February 2024
1
Statutory information
Bio-synergy Lifestyle Limited is a private company, limited by shares, registered in England and Wales, registration number 14692376. The registered office is 469 Bio-Synergy, Finchley Road, London, NW3 6HS, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% straight line method
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Bio-synergy Lifestyle Limited Notes to the Accounts for the period from 27 February 2023 to 29 February 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 27 February 2023
- 
Additions
5,817 
At 29 February 2024
5,817 
Amortisation
At 27 February 2023
- 
Charge for the period
848 
At 29 February 2024
848 
Net book value
At 29 February 2024
4,969 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 27 February 2023
- 
Additions
708 
At 29 February 2024
708 
Depreciation
Charge for the period
179 
At 29 February 2024
179 
Net book value
At 29 February 2024
529 
6
Debtors
2024 
£ 
Amounts falling due within one year
VAT
1,516 
Trade debtors
5,357 
Deferred tax asset
29,819 
Accrued income and prepayments
1,500 
38,192 
7
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
3,439 
Taxes and social security
2,662 
Other creditors
10,462 
Loans from directors
12,696 
29,259 
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Bio-synergy Lifestyle Limited Notes to the Accounts for the period from 27 February 2023 to 29 February 2024
8
Share capital
2024 
£ 
Allotted, called up and fully paid:
12,500 Ordinary shares of £0.0001 each
1.25 
Shares issued during the period:
12,500 Ordinary shares of £0.0001 each
1.25 
9
Average number of employees
During the period the average number of employees was 2.
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