IRIS Accounts Production v25.1.4.42 05195936 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051959362023-09-30051959362024-09-30051959362023-10-012024-09-30051959362022-09-30051959362022-10-012023-09-30051959362023-09-3005195936ns15:EnglandWales2023-10-012024-09-3005195936ns14:PoundSterling2023-10-012024-09-3005195936ns10:Director12023-10-012024-09-3005195936ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3005195936ns10:SmallEntities2023-10-012024-09-3005195936ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3005195936ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3005195936ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005195936ns10:FullAccounts2023-10-012024-09-3005195936ns10:OrdinaryShareClass12023-10-012024-09-3005195936ns10:OrdinaryShareClass22023-10-012024-09-3005195936ns10:RegisteredOffice2023-10-012024-09-3005195936ns5:CurrentFinancialInstruments2024-09-3005195936ns5:CurrentFinancialInstruments2023-09-3005195936ns5:ShareCapital2024-09-3005195936ns5:ShareCapital2023-09-3005195936ns5:RetainedEarningsAccumulatedLosses2024-09-3005195936ns5:RetainedEarningsAccumulatedLosses2023-09-3005195936ns5:PlantMachinery2023-10-012024-09-3005195936ns5:FurnitureFittings2023-10-012024-09-3005195936ns5:ComputerEquipment2023-10-012024-09-3005195936ns5:PlantMachinery2023-09-3005195936ns5:FurnitureFittings2023-09-3005195936ns5:ComputerEquipment2023-09-3005195936ns5:PlantMachinery2024-09-3005195936ns5:FurnitureFittings2024-09-3005195936ns5:ComputerEquipment2024-09-3005195936ns5:PlantMachinery2023-09-3005195936ns5:FurnitureFittings2023-09-3005195936ns5:ComputerEquipment2023-09-3005195936ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3005195936ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3005195936ns10:OrdinaryShareClass12024-09-3005195936ns10:OrdinaryShareClass22024-09-30
REGISTERED NUMBER: 05195936 (England)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Berkeley Square IT Limited

Berkeley Square IT Limited (Registered number: 05195936)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Berkeley Square IT Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: N De Swart





REGISTERED OFFICE: 470 Bath Road
Bristol
BS4 3AP





REGISTERED NUMBER: 05195936 (England)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Berkeley Square IT Limited (Registered number: 05195936)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,772 32,313
Investments 5 18,857 18,857
42,629 51,170

CURRENT ASSETS
Debtors 6 724,182 1,031,936
Cash at bank 535,686 187,781
1,259,868 1,219,717
CREDITORS
Amounts falling due within one year 7 708,157 386,131
NET CURRENT ASSETS 551,711 833,586
TOTAL ASSETS LESS CURRENT LIABILITIES 594,340 884,756

PROVISIONS FOR LIABILITIES 4,516 6,139
NET ASSETS 589,824 878,617

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 589,822 878,615
SHAREHOLDERS' FUNDS 589,824 878,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





N De Swart - Director


Berkeley Square IT Limited (Registered number: 05195936)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Berkeley Square IT Limited is a private company, limited by shares , registered in England. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 6 years
Fixtures and fittings - Straight line over 10 years
Computer equipment - Straight line over 4 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 24 ) .

Berkeley Square IT Limited (Registered number: 05195936)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 1,003 26,256 44,810 72,069
Additions - 184 - 184
At 30 September 2024 1,003 26,440 44,810 72,253
DEPRECIATION
At 1 October 2023 447 7,994 31,315 39,756
Charge for year 167 2,643 5,915 8,725
At 30 September 2024 614 10,637 37,230 48,481
NET BOOK VALUE
At 30 September 2024 389 15,803 7,580 23,772
At 30 September 2023 556 18,262 13,495 32,313

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 October 2023
and 30 September 2024 18,857
NET BOOK VALUE
At 30 September 2024 18,857
At 30 September 2023 18,857

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 648,105 954,296
Other debtors 24,550 24,500
Directors' loan accounts 1,812 12,047
VAT 3,068 -
Prepayments and accrued income 46,647 41,093
724,182 1,031,936

Berkeley Square IT Limited (Registered number: 05195936)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 522,307 295,703
Tax (23 ) (11,876 )
Social security and other taxes 17,419 19,672
VAT - 27,008
Other creditors 2,682 3,329
Bank Loan & OD 24,783 24,499
Lloyds CC 60 -
Accruals and deferred income 140,929 27,796
708,157 386,131

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary A 1 1 1
1 Ordinary B 1 1 1
2 2