Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13214347 Andres Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13214347 2023-02-28 13214347 2024-02-29 13214347 2023-03-01 2024-02-29 13214347 frs-core:CurrentFinancialInstruments 2024-02-29 13214347 frs-core:Non-currentFinancialInstruments 2024-02-29 13214347 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13214347 frs-bus:CompanyLimitedByGuarantee 2023-03-01 2024-02-29 13214347 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13214347 frs-bus:SmallEntities 2023-03-01 2024-02-29 13214347 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13214347 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13214347 frs-bus:Director1 2023-03-01 2024-02-29 13214347 frs-core:CurrentFinancialInstruments 1 2024-02-29 13214347 frs-core:Non-currentFinancialInstruments 1 2024-02-29 13214347 frs-countries:EnglandWales 2023-03-01 2024-02-29 13214347 2022-02-28 13214347 2023-02-28 13214347 2022-03-01 2023-02-28 13214347 frs-core:CurrentFinancialInstruments 2023-02-28 13214347 frs-core:Non-currentFinancialInstruments 2023-02-28 13214347 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 13214347 frs-core:CurrentFinancialInstruments 1 2023-02-28 13214347 frs-core:Non-currentFinancialInstruments 1 2023-02-28
Registered number: 13214347
Bio-Leadership Ecosystem Group Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13214347
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 44,837 7,639
Cash at bank and in hand 65,303 28,420
110,140 36,059
Creditors: Amounts Falling Due Within One Year 5 (105,431 ) (39,982 )
NET CURRENT ASSETS (LIABILITIES) 4,709 (3,923 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,709 (3,923 )
Creditors: Amounts Falling Due After More Than One Year 6 (13,333 ) (15,250 )
NET LIABILITIES (8,624 ) (19,173 )
Income and Expenditure Account (8,624 ) (19,173 )
MEMBERS' FUNDS (8,624) (19,173)
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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 member has 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.
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 and Expenditure Account.
On behalf of the board
Andres Roberts
Director
29/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bio-Leadership Ecosystem Group Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 13214347 . The registered office is 23 Kingsley Road, Greenbank, Bristol, England, BS5 6HF.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,434 -
Prepayments and accrued income 1,403 7,639
44,837 7,639
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,254 -
Other taxes and social security 3,628 3,750
Net wages 5,303 2,172
Other creditors 530 -
Deferred income 92,176 32,260
Accruals 2,540 1,800
105,431 39,982
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Intercompany loan 13,333 15,250
Loans comprise of an unsecured loan from The Bio-Leadership Company Limited (a company under the control of the director, company number 05158861). Interest is charged at 2.5% per annum and the loan is due to be repaid by 2026.
7. Related Party Transactions
The company is under the control of the director Andres Roberts. 
Andres Roberts is also a director and 100% shareholder of The Bio-Leadership Company Limited (company number 05158861). During the year, The Bio-Leadership Company Limited charged the company £4,667 for Loan repayments (2023; £2,750). The Bio-Leadership Company Limited sent the company £2,471 in Fellow fee income (2023; £1,609), £nil of Grant income (2023; £2,250), and £4,239 of Donation income (2023; £5,003). As described in note 8, at the year end, the company owed The Bio-Leadership Company Limited £13,333.
Andres Roberts is also a director and 100% shareholder of New World Rites Limited (company number 09848592). During the year, New World Rites charged the company £4,400 for Recharged management fees (2023; £7,295) and £nil for directors fees (2023; £2,188). New World Rites sent the company £3,285 of Sales (2023; £nil), £371 for Fellow fees (2023; £900) and £5,413 of Other income (2023; £2,537). 
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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