IRIS Accounts Production v24.3.0.553 13512419 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135124192023-07-31135124192024-07-31135124192023-08-012024-07-31135124192022-07-31135124192022-08-012023-07-31135124192023-07-3113512419ns15:EnglandWales2023-08-012024-07-3113512419ns14:PoundSterling2023-08-012024-07-3113512419ns10:Director12023-08-012024-07-3113512419ns10:CompanyLimitedByGuarantee2023-08-012024-07-3113512419ns10:SmallEntities2023-08-012024-07-3113512419ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3113512419ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3113512419ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3113512419ns10:FullAccounts2023-08-012024-07-3113512419ns10:Director22023-08-012024-07-3113512419ns10:Director32023-08-012024-07-3113512419ns10:Director42023-08-012024-07-3113512419ns10:RegisteredOffice2023-08-012024-07-3113512419ns5:CurrentFinancialInstruments2024-07-3113512419ns5:CurrentFinancialInstruments2023-07-3113512419ns5:RetainedEarningsAccumulatedLosses2024-07-3113512419ns5:RetainedEarningsAccumulatedLosses2023-07-3113512419ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3113512419ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 13512419 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BYLINES NETWORKS LIMITED

BYLINES NETWORKS LIMITED (REGISTERED NUMBER: 13512419)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BYLINES NETWORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: S R A Colegrave
Dr M J Galsworthy
Ms L Houghton
P Jukes





REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB





REGISTERED NUMBER: 13512419 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB

BYLINES NETWORKS LIMITED (REGISTERED NUMBER: 13512419)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 4 12,375 1,007
Cash at bank 30,190 35,127
42,565 36,134
CREDITORS
Amounts falling due within one year 5 13,951 34,289
NET CURRENT ASSETS 28,614 1,845
TOTAL ASSETS LESS CURRENT LIABILITIES 28,614 1,845

RESERVES
Income and expenditure account 28,614 1,845
28,614 1,845

BYLINES NETWORKS LIMITED (REGISTERED NUMBER: 13512419)

BALANCE SHEET - continued
31 JULY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 surplus or deficit for each financial year in accordance with the requirements of Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by:





Ms L Houghton - Director


BYLINES NETWORKS LIMITED (REGISTERED NUMBER: 13512419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Bylines Networks Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at fair value of donations received.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


BYLINES NETWORKS LIMITED (REGISTERED NUMBER: 13512419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 11,368 -
Corporation tax debtor 1,007 1,007
12,375 1,007

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Corporation tax 6,279 -
Social security and other taxes 2,486 116
Other creditors 182 417
Directors' loan accounts 3,744 2,496
Accruals and deferred income 1,260 31,260
13,951 34,289