Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30truefalseNo description of principal activity2023-10-01false1818falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08334624 2023-10-01 2024-09-30 08334624 2024-09-30 08334624 2022-10-01 2023-09-30 08334624 2023-09-30 08334624 c:CompanySecretary1 2023-10-01 2024-09-30 08334624 c:Director1 2023-10-01 2024-09-30 08334624 c:Director2 2023-10-01 2024-09-30 08334624 c:Director3 2023-10-01 2024-09-30 08334624 c:Director4 2023-10-01 2024-09-30 08334624 c:Director5 2023-10-01 2024-09-30 08334624 c:RegisteredOffice 2023-10-01 2024-09-30 08334624 d:OfficeEquipment 2023-10-01 2024-09-30 08334624 d:OfficeEquipment 2024-09-30 08334624 d:OfficeEquipment 2023-09-30 08334624 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08334624 d:ComputerEquipment 2023-10-01 2024-09-30 08334624 d:ComputerEquipment 2024-09-30 08334624 d:ComputerEquipment 2023-09-30 08334624 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08334624 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08334624 d:CurrentFinancialInstruments 2024-09-30 08334624 d:CurrentFinancialInstruments 2023-09-30 08334624 d:Non-currentFinancialInstruments 2024-09-30 08334624 d:Non-currentFinancialInstruments 2023-09-30 08334624 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08334624 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08334624 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 08334624 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 08334624 d:ShareCapital 2024-09-30 08334624 d:ShareCapital 2023-09-30 08334624 d:SharePremium 2024-09-30 08334624 d:SharePremium 2023-09-30 08334624 d:RetainedEarningsAccumulatedLosses 2024-09-30 08334624 d:RetainedEarningsAccumulatedLosses 2023-09-30 08334624 c:FRS102 2023-10-01 2024-09-30 08334624 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08334624 c:FullAccounts 2023-10-01 2024-09-30 08334624 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08334624 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 08334624







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


BANKBI LIMITED






































img1093.png                        

 


BANKBI LIMITED
 


 
COMPANY INFORMATION


Directors
Mr G Goble 
Mr K Waterman 
Mr P Sutherland 
Mr S Goble 
Mr B Kaas 




Company secretary
Mr C Goble



Registered number
08334624



Registered office
Kingfisher House
Quarry Lane

Yateley

Hampshire

GU46 6XW




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


BANKBI LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


BANKBI LIMITED
REGISTERED NUMBER:08334624



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
13,209
14,225

Investments
 5 
100
100

  
13,309
14,325

Current assets
  

Debtors: amounts falling due within one year
 6 
98,465
148,440

Cash at bank and in hand
  
509,254
423,366

  
607,719
571,806

Creditors: amounts falling due within one year
  
(4,628,907)
(3,544,855)

Net current liabilities
  
 
 
(4,021,188)
 
 
(2,973,049)

Total assets less current liabilities
  
(4,007,879)
(2,958,724)

Creditors: amounts falling due after more than one year
 7 
(104,667)
(116,667)

  

Net liabilities
  
(4,112,546)
(3,075,391)


Capital and reserves
  

Called up share capital 
  
2,222
2,222

Share premium account
  
1,150,526
1,150,526

Profit and loss account
  
(5,265,294)
(4,228,139)

  
(4,112,546)
(3,075,391)


Page 1

 


BANKBI LIMITED
REGISTERED NUMBER:08334624


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr G Goble
Director

Date: 20 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Bankbi Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 3

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 18 (2023 - 18).


4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
466
38,753
39,219


Additions
-
4,521
4,521



At 30 September 2024

466
43,274
43,740



Depreciation


At 1 October 2023
360
24,634
24,994


Charge for the year on owned assets
35
5,502
5,537



At 30 September 2024

395
30,136
30,531



Net book value



At 30 September 2024
71
13,138
13,209



At 30 September 2023
106
14,119
14,225

Page 4

 


BANKBI LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
100



At 30 September 2024
100





6.


Debtors

2024
2023
£
£


Other debtors
98,465
148,440

98,465
148,440



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
66,667
116,667

Other loans
38,000
-

104,667
116,667


 
Page 5