Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11788391 Dr Despoina Moschou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11788391 2024-01-31 11788391 2025-01-31 11788391 2024-02-01 2025-01-31 11788391 frs-core:CurrentFinancialInstruments 2025-01-31 11788391 frs-core:ComputerEquipment 2025-01-31 11788391 frs-core:ComputerEquipment 2024-02-01 2025-01-31 11788391 frs-core:ComputerEquipment 2024-01-31 11788391 frs-core:FurnitureFittings 2025-01-31 11788391 frs-core:FurnitureFittings 2024-02-01 2025-01-31 11788391 frs-core:FurnitureFittings 2024-01-31 11788391 frs-core:PlantMachinery 2025-01-31 11788391 frs-core:PlantMachinery 2024-02-01 2025-01-31 11788391 frs-core:PlantMachinery 2024-01-31 11788391 frs-core:OtherReservesSubtotal 2025-01-31 11788391 frs-core:ShareCapital 2025-01-31 11788391 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11788391 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11788391 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11788391 frs-bus:SmallEntities 2024-02-01 2025-01-31 11788391 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11788391 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11788391 frs-bus:Director1 2024-02-01 2025-01-31 11788391 frs-countries:EnglandWales 2024-02-01 2025-01-31 11788391 2023-01-31 11788391 2024-01-31 11788391 2023-02-01 2024-01-31 11788391 frs-core:CurrentFinancialInstruments 2024-01-31 11788391 frs-core:OtherReservesSubtotal 2024-01-31 11788391 frs-core:ShareCapital 2024-01-31 11788391 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 11788391
BIOTIP LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
BUSINESS SOLUTIONS STRATEGY LIMITED
201b.3 Cardinal Point
Park Road
Rickmansworth
WD3 1RE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11788391
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,775 3,796
1,775 3,796
CURRENT ASSETS
Debtors 5 475,940 478,102
Cash at bank and in hand 4,164 8,454
480,104 486,556
Creditors: Amounts Falling Due Within One Year 6 (17,469 ) (3,635 )
NET CURRENT ASSETS (LIABILITIES) 462,635 482,921
TOTAL ASSETS LESS CURRENT LIABILITIES 464,410 486,717
NET ASSETS 464,410 486,717
CAPITAL AND RESERVES
Called up share capital 7 18 18
Other reserves 849,982 849,982
Profit and Loss Account (385,590 ) (363,283 )
SHAREHOLDERS' FUNDS 464,410 486,717
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Despoina Moschou
Director
15/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BIOTIP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11788391 . The registered office is Regus, Redwood House, Brotherswood Court, , Almondsbury, Bristol, BS32 4QW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33.33% Reducing Balance
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 11,593 675 3,859 16,127
As at 31 January 2025 11,593 675 3,859 16,127
Depreciation
As at 1 February 2024 8,930 506 2,895 12,331
Provided during the period 887 169 965 2,021
As at 31 January 2025 9,817 675 3,860 14,352
Net Book Value
As at 31 January 2025 1,776 - (1 ) 1,775
As at 1 February 2024 2,663 169 964 3,796
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 29,000 29,000
VAT 139 -
Director's loan account - 2,301
Amounts owed by group undertakings 446,801 446,801
475,940 478,102
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (3,400 ) (900 )
Corporation tax 17,991 -
Other taxes and social security - 4,120
VAT - 415
Director's loan account 2,878 -
17,469 3,635
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 18 18
Page 3