Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-01truefalseNo description of principal activity01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 5425935 2023-05-01 2024-04-30 5425935 2022-05-01 2023-04-30 5425935 2024-04-30 5425935 2023-04-30 5425935 c:Director1 2023-05-01 2024-04-30 5425935 d:MotorVehicles 2023-05-01 2024-04-30 5425935 d:MotorVehicles 2024-04-30 5425935 d:MotorVehicles 2023-04-30 5425935 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 5425935 d:OfficeEquipment 2023-05-01 2024-04-30 5425935 d:OfficeEquipment 2024-04-30 5425935 d:OfficeEquipment 2023-04-30 5425935 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 5425935 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 5425935 d:CurrentFinancialInstruments 2024-04-30 5425935 d:CurrentFinancialInstruments 2023-04-30 5425935 d:Non-currentFinancialInstruments 2024-04-30 5425935 d:Non-currentFinancialInstruments 2023-04-30 5425935 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 5425935 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 5425935 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 5425935 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 5425935 c:FRS102 2023-05-01 2024-04-30 5425935 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 5425935 c:FullAccounts 2023-05-01 2024-04-30 5425935 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 5425935 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 5425935 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 5425935 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 5425935 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 5425935 2 2023-05-01 2024-04-30 5425935 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 5425935










BYHEK SOLUTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 30 April 2024

 
BYHEK SOLUTIONS LIMITED
Registered number: 5425935

BALANCE SHEET
As at 30 April 2024

2024
2023
Note
£
£

  

Fixed assets
  

Tangible assets
 4 
29,692
39,590

  
29,692
39,590

Current assets
  

Debtors: amounts falling due within one year
 5 
5,967
8,656

Cash at bank and in hand
 6 
944
707

  
6,911
9,363

Creditors: amounts falling due within one year
 7 
(101,098)
(66,953)

Net current liabilities
  
 
 
(94,187)
 
 
(57,590)

Total assets less current liabilities
  
(64,495)
(18,000)

  

Creditors: amounts falling due after more than one year
 8 
(53,345)
(64,547)

  
(117,840)
(82,547)

  

  

Net assets excluding pension asset
  
(117,840)
(82,547)

Net liabilities
  
(117,840)
(82,547)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(117,841)
(82,548)

  
(117,840)
(82,547)


The director considers 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 director acknowledges his 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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
Page 1

 
BYHEK SOLUTIONS LIMITED
Registered number: 5425935

BALANCE SHEET (CONTINUED)
As at 30 April 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 April 2025.





Niyi Towolawi
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BYHEK SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 April 2024

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of computer consultancy and film production and screening in different parts of the world. 

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BYHEK SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 April 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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:

Motor vehicles
-
25% on reducing balance
Equipment
-
25% on reducing balance

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.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 1).

Page 4

 
BYHEK SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 April 2024

4.


Tangible fixed assets





Motor vehicles
Equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
76,550
24,680
101,230



At 30 April 2024

76,550
24,680
101,230



Depreciation


At 1 May 2023
41,173
20,468
61,641


Charge for the year on owned assets
8,844
1,053
9,897



At 30 April 2024

50,017
21,521
71,538



Net book value



At 30 April 2024
26,533
3,159
29,692



At 30 April 2023
35,377
4,213
39,590


5.


Debtors

2024
2023
£
£


Other debtors
5,967
8,656

5,967
8,656



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
944
707

944
707


Page 5

 
BYHEK SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 April 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,800
6,800

Corporation tax
3,140
3,140

Other taxation and social security
174
174

Obligations under finance lease and hire purchase contracts
5,799
5,799

Other creditors
82,245
48,940

Accruals and deferred income
2,940
2,100

101,098
66,953



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,449
20,852

Net obligations under finance leases and hire purchase contracts
37,896
43,695

53,345
64,547



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,800
6,800


6,800
6,800


Amounts falling due 2-5 years

Bank loans
15,449
20,852


15,449
20,852


22,249
27,652


Page 6

 
BYHEK SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 April 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
5,799
5,799

Between 1-5 years
37,896
43,695

43,695
49,494


Page 7