Company Registration No. 04959465 (England and Wales)
Biskit Limited
Unaudited accounts
for the year ended 31 January 2025
Biskit Limited
Statement of financial position
as at 31 January 2025
Tangible assets
1,868
1,012
Cash at bank and in hand
18,178
47,134
Creditors: amounts falling due within one year
(13,962)
(46,284)
Net current assets
21,755
51,955
Total assets less current liabilities
23,623
52,967
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
23,168
52,647
Shareholders' funds
23,268
52,747
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2025 and were signed on its behalf by
Edward Ryder
Director
Company Registration No. 04959465
Biskit Limited
Notes to the Accounts
for the year ended 31 January 2025
Biskit Limited is a private company, limited by shares, registered in England and Wales, registration number 04959465. The registered office is Organia House, Bradford Road, Guiseley, West Yorkshire, LS20 8NH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20.00% Straight Line
Computer equipment
25.00/33.33% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Biskit Limited
Notes to the Accounts
for the year ended 31 January 2025
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
7,962
32,718
40,680
At 31 January 2025
7,962
34,326
42,288
At 1 February 2024
7,962
31,706
39,668
Charge for the year
-
752
752
At 31 January 2025
7,962
32,458
40,420
At 31 January 2025
-
1,868
1,868
At 31 January 2024
-
1,012
1,012
Amounts falling due within one year
Trade debtors
7,355
18,292
Accrued income and prepayments
455
-
Other debtors
9,729
32,813
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,023
1,792
Taxes and social security
5,162
36,010
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Transactions with related parties
Mr E Ryder, the Director owns 100% of the share capital in the company. Dividends of £52,208 (2024- £45,683) were paid during the year. At the year end the Director owed the company £9,729 (2024 - £32,813). Interest charges have been applied at the official rate.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).