Registered number
13909101
BI INTEGRATIONS LTD
Filleted Accounts
28 February 2025
BI INTEGRATIONS LTD
Registered number: 13909101
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,663 2,078
Current assets
Cash at bank and in hand 2,669 1,339
Creditors: amounts falling due within one year 4 (691) (832)
Net current assets 1,978 507
Net assets 3,641 2,585
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,640 2,584
Shareholders' funds 3,641 2,585
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Hassan Saqib Akhtar
Director
Approved by the board on 14 March 2025
BI INTEGRATIONS LTD
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 2,598
At 28 February 2025 2,598
Depreciation
At 1 March 2024 520
Charge for the year 415
At 28 February 2025 935
Net book value
At 28 February 2025 1,663
At 29 February 2024 2,078
4 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 548 -
Taxation and social security costs 144 (125)
Other creditors (1) 957
691 832
5 Other information
BI INTEGRATIONS LTD is a private company limited by shares and incorporated in England. Its registered office is:
BI INTEGRATIONS LTD 13909101 false 2024-03-01 2025-02-28 2025-02-28 VT Final Accounts April 2024 Hassan Saqib Akhtar No description of principal activity 13909101 2023-03-01 2024-02-29 13909101 core:WithinOneYear 2024-02-29 13909101 core:ShareCapital 2024-02-29 13909101 core:RetainedEarningsAccumulatedLosses 2024-02-29 13909101 2024-03-01 2025-02-28 13909101 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13909101 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13909101 bus:Director40 2024-03-01 2025-02-28 13909101 core:PlantMachinery 2024-03-01 2025-02-28 13909101 countries:England 2024-03-01 2025-02-28 13909101 bus:FRS102 2024-03-01 2025-02-28 13909101 bus:FilletedAccounts 2024-03-01 2025-02-28 13909101 2025-02-28 13909101 core:WithinOneYear 2025-02-28 13909101 core:ShareCapital 2025-02-28 13909101 core:RetainedEarningsAccumulatedLosses 2025-02-28 13909101 core:PlantMachinery 2025-02-28 13909101 2024-02-29 13909101 core:PlantMachinery 2024-02-29 iso4217:GBP xbrli:pure