BYTE BURST LABS LTD

Company Registration Number:
15727960 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 18 May 2024

End date: 31 May 2025

BYTE BURST LABS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BYTE BURST LABS LTD

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Principal activities of the company

The principal activities of the Company during the period were public relations and communications activities, management consultancy activities other than financial management, and the provision of advertising agency services.The Company provided strategic marketing support, brand development, communication services, advertising campaigns and business consultancy services to corporate and commercial clients.There were no significant changes in the nature of the Company's activities during the period.

Additional information

The profit after taxation for the year ended 31 May 2025 was £92,855. The director does not propose a dividend for the year. Director The director who served during the year and up to the date of approval of these financial statements was: IVANNIKOVS, Vladimirs The average number of persons employed by the Company during the year was 13, including the director. Employees were engaged in administration, business development, public relations and communications activities, advertising services, management consultancy, customer support and online training services. During the period, the Company made no political donations and no charitable contributions. The director is responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Company and of its profit or loss for that year. In preparing these financial statements, the director is required to select suitable accounting policies and apply them consistently, make judgements and accounting estimates that are reasonable and prudent, state whether applicable United Kingdom accounting standards have been followed, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company. The director is also responsible for safeguarding the assets of the Company and for taking reasonable steps for the prevention and detection of fraud and other irregularities.



Directors

The director shown below has held office during the whole of the period from
18 May 2024 to 31 May 2025

IVANNIKOVS, Vladimirs

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 June 2026

And signed on behalf of the board by:
Name: IVANNIKOVS, Vladimirs
Status: Director

BYTE BURST LABS LTD

Profit And Loss Account

for the Period Ended 31 May 2025

2025


£
Turnover: 2,386,560
Cost of sales: ( 2,165,780 )
Gross profit(or loss): 220,780
Distribution costs: 0
Administrative expenses: ( 96,973 )
Other operating income: 0
Operating profit(or loss): 123,807
Profit(or loss) before tax: 123,807
Tax: ( 30,952 )
Profit(or loss) for the financial year: 92,855

BYTE BURST LABS LTD

Balance sheet

As at 31 May 2025

Notes 2025


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 128,000
Tangible assets:   0
Investments:   0
Total fixed assets: 128,000
Current assets
Stocks:   0
Debtors: 4 366,376
Cash at bank and in hand: 139,431
Investments:   0
Total current assets: 505,807
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 180,952 )
Net current assets (liabilities): 324,855
Total assets less current liabilities: 452,855
Creditors: amounts falling due after more than one year: 6 ( 360,000 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 92,855
Capital and reserves
Called up share capital: 1
Share premium account: 0
Other reserves: 0
Profit and loss account: 92,854
Total Shareholders' funds: 92,855

The notes form part of these financial statements

BYTE BURST LABS LTD

Balance sheet statements

For the year ending 31 May 2025 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 22 June 2026
and signed on behalf of the board by:

Name: IVANNIKOVS, Vladimirs
Status: Director

The notes form part of these financial statements

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the fair value of consideration receivable for services provided during the year, net of value added tax and trade discounts.Revenue is recognised when services have been delivered and the Company has the right to consideration.

    Intangible fixed assets amortisation policy

    Software development costs and software licences are stated at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets. Software and software licences are amortised over five years at a rate of 20% per annum. At 31 May 2025, the carrying value of intangible assets amounted to £128,000. Amortisation charged during the year amounted to £32,000 and was recognised in accordance with the Company's accounting policies.

    Other accounting policies

    Debtors Trade debtors at the reporting date amounted to GBP 246,000. VAT recoverable amounted to GBP 120,376. Total debtors were GBP 366,376. Cash at bank Cash at bank amounted to GBP 139,431 at 31 May 2025. Creditors: amounts falling due within one year Creditors falling due within one year comprise corporation tax payable of GBP 30,952 and trade and other creditors of GBP 150,000. Total current creditors were GBP 180,952. VAT Output VAT for the year was GBP 477,312 and input VAT was GBP 597,688. Net VAT recoverable at the reporting date amounted to GBP 120,376. Loans and related party funding At 31 May 2025, the balance outstanding in respect of director and related party funding amounted to £360,000. the funding formed part of the Company's financing arrangements and is disclosed within creditors at the reporting date At 31 May 2025, the Company's issued and fully paid share capital amounted to £1. Profit after taxation for the year was £92,855. Taxation Tax on profit for the year amounted to GBP 30,952. Corporation tax payable at the reporting date amounted to GBP 30,952.

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025
    Average number of employees during the period 13

    The average number of persons employed by the Company during the year was 13, including the director. Employees were engaged in software-related services, online training activities, administration and business support operations

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 0 160,000 160,000
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2025 0 160,000 160,000
Amortisation
Charge for year 0 32,000 32,000
On disposals 0 0 0
Other adjustments 0 0 0
At 31 May 2025 0 32,000 32,000
Net book value
At 31 May 2025 0 128,000 128,000

Software development costs and software licences are stated at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets. Software and software licences are amortised over five years at a rate of 20% per annum. At 31 May 2025, the carrying value of intangible assets amounted to £128,000. Amortisation charged during the year amounted to £32,000 and was recognised in accordance with the Company's accounting policies.

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Debtors

2025
£
Trade debtors 246,000
Other debtors 120,376
Total 366,376
Debtors due after more than one year: 0

Trade debtors at the reporting date amounted to GBP 246,000. VAT recoverable amounted to GBP 120,376. Total debtors were GBP 366,376.

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Creditors: amounts falling due within one year note

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 150,000
Taxation and social security 30,952
Accruals and deferred income 0
Other creditors 0
Total 180,952

Creditors falling due within one year comprise corporation tax payable of GBP 30,952 and trade and other creditors of GBP 150,000. Total current creditors were GBP 180,952.

BYTE BURST LABS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Creditors: amounts falling due after more than one year note

2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 360,000
Total 360,000

At 31 May 2025, the balance outstanding in respect of director and related party funding amounted to £360,000.