1 January 2024 v2025.22.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP123721462024-01-012024-12-31123721462024-12-31123721462023-12-3112372146core:WithinOneYear2024-12-3112372146core:WithinOneYear2023-12-3112372146core:ShareCapital2024-12-3112372146core:ShareCapital2023-12-3112372146core:OtherReservesSubtotal2024-12-3112372146core:OtherReservesSubtotal2023-12-3112372146core:RetainedEarningsAccumulatedLosses2024-12-3112372146core:RetainedEarningsAccumulatedLosses2023-12-3112372146bus:Director12024-01-012024-12-3112372146bus:RegisteredOffice2024-01-012024-12-3112372146core:PlantMachinery2024-12-3112372146core:PlantMachinery2024-01-0112372146core:PlantMachinery2024-01-012024-12-3112372146core:PlantMachinery2023-12-311237214612024-01-012024-12-31123721462023-01-012023-12-3112372146countries:EnglandWales2024-01-012024-12-3112372146bus:AuditExemptWithAccountantsReport2024-01-012024-12-3112372146bus:PrivateLimitedCompanyLtd2024-01-012024-12-3112372146bus:SmallEntities2024-01-012024-12-3112372146bus:FullAccounts2024-01-012024-12-31
Company registration number:
12372146
Bytepitch UK Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Bytepitch UK Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Bytepitch UK Limited
Year ended
31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Bytepitch UK Limited
for the year ended
31 December 2024
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Bytepitch UK Limited
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Bytepitch UK Limited
and state those matters that I have agreed to state to the Board of Directors of
Bytepitch UK Limited
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Bytepitch UK Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Bytepitch UK Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Bytepitch UK Limited
. You consider that
Bytepitch UK Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Bytepitch UK Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Alis Accountants Limited
The Lansdowne Building
2 Lansdowne Road
Greater London
England
CR9 2ER
United Kingdom
Date:
27 March 2025
Bytepitch UK Limited
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
654
 
1,467
 
Current assets    
Debtors 6
19,777
 
43,977
 
Cash at bank and in hand
57,701
 
41,917
 
77,478
 
85,894
 
Creditors: amounts falling due within one year 7
(66,449
)
(121,025
)
Net current assets/(liabilities)
11,029
 
(35,131
)
Total assets less current liabilities 11,683   (33,664 )
Capital and reserves    
Called up share capital
1
 
1
 
Other reserves
(133,415
)
(133,415
)
Profit and loss account
145,097
 
99,750
 
Shareholders funds/(deficit)
11,683
 
(33,664
)
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • 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;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
24 March 2025
, and are signed on behalf of the board by:
P M Barros Morgado
Director
Company registration number:
12372146
Bytepitch UK Limited
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
85 Great Portland Street
,
First Floor
,
London
,
W1W 7LT
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - straight line over 3 years

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2024
and
31 December 2024
2,441
 
Depreciation  
At
1 January 2024
974
 
Charge
813
 
At
31 December 2024
1,787
 
Carrying amount  
At
31 December 2024
654
 
At 31 December 2023
1,467
 

6 Debtors

20242023
££
Trade debtors
17,773
 
43,827
 
Other debtors
2,004
 
150
 
19,777
 
43,977
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
60,232
 
117,242
 
Taxation and social security
5,215
 
2,783
 
Other creditors
1,002
 
1,000
 
66,449
 
121,025
 

8 Fair value reserve

Included within other reserves is the fair value reserve as follows:
20242023
££
At start of year (133,415 ) (91,690 )
Other movements in other comprehensive income -   (41,725 )
At end of year (133,415 ) (133,415 )

9 Controlling party

The Ultimate controlling party is Bytepitch Software Engineering S.A.
The ultimate parent company is Bytepitch Software Engineering S.A., a company incorporated in Portugal. Their registered office is Rua Santos Pousada, 441 4000-486 Porto Portugal.