Company registration number: 13536936
Unaudited financial statements
for the period ended 31 August 2024
for
BAYVUE LIMITED
Pages for filing with the Registrar
Company registration number: 13536936
BAYVUE LIMITED
Balance sheet
as at 31 August 2024
31 Aug 24 31 Jul 23
Note £ £ £ £
Fixed assets
Intangible assets 4 1,600 1,600
Tangible assets 5 23,905 27,725
25,505 29,325
Current assets
Debtors 105,097 105,097
Cash at bank and in hand 1,266 14,099
106,363 119,196
Creditors: amounts falling due within one
year
(69,866) (80,804)
Net current assets 36,497 38,392
Total assets less current liabilities 62,002 67,717
NET ASSETS 62,002 67,717
Capital and reserves
Called up share capital 1 1
Profit and loss account 62,001 67,716
TOTAL EQUITY 62,002 67,717
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 August 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 13536936
BAYVUE LIMITED
Balance sheet - continued
as at 31 August 2024
The 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Ms A DUMITRIU, Director
7 November 2024
2
BAYVUE LIMITED
Notes to the financial statements
for the period ended 31 August 2024
1 Company information
BAYVUE LIMITED is a private company registered in England and Wales. Its registered number is 13536936. The company is limited by shares. Its registered office is 100 Menzies Road, St. Leonards- on-Sea, East Sussex, TN38 9BB.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Development costs - Not applicable
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 18% reducing balance
Motor vehicles - 18% reducing balance
Computer equipment - 18% reducing balance
3
BAYVUE LIMITED
Notes to the financial statements - continued
for the period ended 31 August 2024
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the period the average number of employees was 6 (2023 - 45).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 August 2023 1,600
At 31 August 2024 1,600
Amortisation
At 31 August 2024 -
Net book value
At 31 August 2024 1,600
At 31 July 2023 1,600
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 August 2023 39,477
Additions 1,427
At 31 August 2024 40,904
4
BAYVUE LIMITED
Notes to the financial statements - continued
for the period ended 31 August 2024
5 Tangible fixed assets - continued
Depreciation
At 1 August 2023 11,752
Charge for period 5,247
At 31 August 2024 16,999
Net book value
At 31 August 2024 23,905
At 31 July 2023 27,725
If Fixed Asset had not been revalued, Fixed Asset would have been included at the following historical cost:
31 Aug 24 31 Jul 23
£ £
Cost 40,904 -
Accumulated depreciation 17,454 -
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