Company Registration No. 08233225 (England and Wales)
BioStrata Ltd
Unaudited accounts
for the period from 1 October 2023 to 15 August 2024
BioStrata Ltd
Unaudited accounts
Contents
BioStrata Ltd
Company Information
for the period from 1 October 2023 to 15 August 2024
Directors
Mr T Donelly
Mr S Zhai
Company Number
08233225 (England and Wales)
Registered Office
3rd Floor
1 Ashley Road
Altrincham
Cheshire
WA14 2DT
England
Accountants
Karen A Sennitt FCA CTA
The Newport
Newport Lane, Braishfield
Romsey
Hampshire
SO51 0PL
BioStrata Ltd
Statement of financial position
as at 15 August 2024
Tangible assets
3,703
26,114
Cash at bank and in hand
760,381
370,983
Creditors: amounts falling due within one year
(654,409)
(278,280)
Net current assets
398,879
386,504
Net assets
402,582
412,618
Called up share capital
100
100
Profit and loss account
402,482
412,518
Shareholders' funds
402,582
412,618
For the period ending 15 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by
Mr S Zhai
Director
Company Registration No. 08233225
BioStrata Ltd
Notes to the Accounts
for the period from 1 October 2023 to 15 August 2024
BioStrata Ltd is a private company, limited by shares, registered in England and Wales, registration number 08233225. The registered office is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% straight line
Computer equipment
33% straight line
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
BioStrata Ltd
Notes to the Accounts
for the period from 1 October 2023 to 15 August 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
84,694
21,244
105,938
Disposals
(82,451)
(2,743)
(85,194)
At 15 August 2024
2,243
20,538
22,781
At 1 October 2023
63,808
16,016
79,824
Charge for the period
6,204
4,149
10,353
On disposals
(68,378)
(2,721)
(71,099)
At 15 August 2024
1,634
17,444
19,078
At 15 August 2024
609
3,094
3,703
At 30 September 2023
20,886
5,228
26,114
Amounts falling due within one year
Trade debtors
198,029
249,680
Deferred tax asset
48,528
-
Other debtors
42,631
44,121
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,320
55,416
Other creditors
449,310
112,441
Deferred income
170,779
110,423
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Average number of employees
During the period the average number of employees was 16 (2023: 18).