Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 11207430 Miss Ilana Mickonyte Mr Barry Saunders iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11207430 2023-02-28 11207430 2024-02-28 11207430 2023-03-01 2024-02-28 11207430 frs-core:CurrentFinancialInstruments 2024-02-28 11207430 frs-core:Non-currentFinancialInstruments 2024-02-28 11207430 frs-core:PlantMachinery 2024-02-28 11207430 frs-core:PlantMachinery 2023-03-01 2024-02-28 11207430 frs-core:PlantMachinery 2023-02-28 11207430 frs-core:ShareCapital 2024-02-28 11207430 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 11207430 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11207430 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 11207430 frs-bus:SmallEntities 2023-03-01 2024-02-28 11207430 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 11207430 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 11207430 frs-bus:Director1 2023-03-01 2024-02-28 11207430 frs-bus:Director2 2023-03-01 2024-02-28 11207430 frs-countries:EnglandWales 2023-03-01 2024-02-28 11207430 2022-02-28 11207430 2023-02-28 11207430 2022-03-01 2023-02-28 11207430 frs-core:CurrentFinancialInstruments 2023-02-28 11207430 frs-core:Non-currentFinancialInstruments 2023-02-28 11207430 frs-core:ShareCapital 2023-02-28 11207430 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11207430
B.I. Tanning Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 11207430
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 577 2,006
577 2,006
Creditors: Amounts Falling Due Within One Year 5 (27,981 ) (27,931 )
NET CURRENT ASSETS (LIABILITIES) (27,404 ) (25,925 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,404 ) (25,925 )
Creditors: Amounts Falling Due After More Than One Year 6 (2,250 ) (3,250 )
NET LIABILITIES (29,654 ) (29,175 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement (29,656 ) (29,177 )
SHAREHOLDERS' FUNDS (29,654) (29,175)
Page 1
Page 2
For the year ending 28 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Miss Ilana Mickonyte
Director
26th November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
B.I. Tanning Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11207430 . The registered office is 60 Bellegrove Road, Welling, Kent, DA16 3PY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Depreciated Over their useful life of 5Years
2.4. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 26,265
As at 28 February 2024 26,265
Depreciation
As at 1 March 2023 26,265
As at 28 February 2024 26,265
Net Book Value
As at 28 February 2024 -
As at 1 March 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Directors' loan accounts 27,981 27,931
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,250 3,250
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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