BID-IT SERVICES LTD

BID-IT SERVICES LTD
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		926		721
Current assets	81,346		56,864
Creditors: amount falling due within one year	(39,005)		(24,948)
Net current assets		42,341		31,916
Total assets less current liabilities		43,267		32,637
Creditors: amount falling due after more than one year		(1)		1
Net assets		43,266		32,638


Capital and reserves		43,266		32,638

NOTES TO THE ACCOUNTS

General Information

BID-IT SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 15434170, registration address 11 OXFORD CLOSE, CAERLEON, NEWPORT, NP18 3EE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

5 Straight Line

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 February 2025	832	832
Additions	464	464
Disposals	-	-
At 31 January 2026	1,296	1,296
Depreciation
At 01 February 2025	111	111
Charge for year	259	259
On disposals	-	-
At 31 January 2026	370	370
Net book values
Closing balance as at 31 January 2026	926	926
Opening balance as at 01 February 2025	721	721

3.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 16 April 2026 and were signed by:

--------------------------------
LOUISE CLAIRE HOWSON
Director

Registered Number: 15434170
England and Wales
BID-IT SERVICES LTD

Abridged Accounts

Period of accounts Start date: 01 February 2025 End date: 31 January 2026