Company registration number 12695927 (England and Wales)
PICOBIT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
PICOBIT LTD
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
181,701
211,788
Current assets
7,066
3,974
Creditors: amounts falling due within one year
(45,191)
(284,743)
Net current liabilities
(38,125)
(280,769)
Total assets less current liabilities
143,576
(68,981)
Creditors: amounts falling due after more than one year
(215,000)
-
0
Net liabilities
(71,424)
(68,981)
Capital and reserves
(71,424)
(68,981)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
-
0
-
0
2
Going Concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

PICOBIT LTD
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 2 -

Picobit Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 16 Gateways, Guildford, Surrey, GU1 2LF.

For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 17 March 2025
Malcolm Law
Director
Company registration number 12695927 (England and Wales)
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