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Company Registration No. 08827223 (England and Wales)
Binarybridge Ltd Unaudited accounts for the year ended 31 December 2024
Binarybridge Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Binarybridge Ltd Company Information for the year ended 31 December 2024
Director
Brian Danks
Company Number
08827223 (England and Wales)
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Binarybridge Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,505 
291 
Current assets
Debtors
5
20,923 
21,076 
Cash at bank and in hand
57 
5,059 
20,980 
26,135 
Creditors: amounts falling due within one year
6
28,665 
32,466 
Net current assets
49,645 
58,601 
Net assets
52,150 
58,892 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
52,049 
58,791 
Shareholders' funds
52,150 
58,892 
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. 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 8 January 2026 and were signed on its behalf by
Brian Danks Director Company Registration No. 08827223
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Binarybridge Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Binarybridge Ltd is a private company, limited by shares, registered in England and Wales, registration number 08827223.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
3 years straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
582 
Additions
3,757 
At 31 December 2024
4,339 
Depreciation
At 1 January 2024
291 
Charge for the year
1,543 
At 31 December 2024
1,834 
Net book value
At 31 December 2024
2,505 
At 31 December 2023
291 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8 
161 
Other debtors
20,915 
20,915 
20,923 
21,076 
- 5 -
Binarybridge Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
2,707 
- 
Loans from directors
(31,592)
(32,486)
Accruals
220 
20 
(28,665)
(32,466)
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Brian Danks
Loan to director
32,486 
- 
894 
31,592 
32,486 
- 
894 
31,592 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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