BIT LYRIC LTD - Accounts

BIT LYRIC LTD
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	1,976
		1,976
Current assets
Debtors	4	16,344
Cash at bank and in hand		26,306
		42,650
Creditors: amount falling due within one year	5	(10,952)
Net current assets		31,698

Total assets less current liabilities		33,674
Net assets		33,674

Capital and reserves
Profit and loss account		33,674
Shareholders' funds		33,674

For the period ended 31 December 2025 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 period 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 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 to the Registrar of Companies.

The financial statements were approved by the director on 13 July 2026 and were signed by:

-------------------------------
Andrew Wong
Director

BIT LYRIC LTD
Notes to the Financial Statements
For the Period 10 December 2024 to 31 December 2025

General Information

BIT LYRIC LTD is a private company, limited by shares, registered in England and Wales, registration number 16128654, registration address 20 Wenlock Road, London, N17GU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 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 in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

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

Computer Equipment

3 years Straight Line

2.	Average number of employees Average number of employees during the period was 1.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 10 December 2024	-	-
Additions	2,371	2,371
Disposals	-	-
At 31 December 2025	2,371	2,371
Depreciation
At 10 December 2024	-	-
Charge for period	395	395
On disposals	-	-
At 31 December 2025	395	395
Net book values
Closing balance as at 31 December 2025	1,976	1,976
Opening balance as at 10 December 2024	-	-

Debtors: amounts falling due within one year

	2025 £
VAT receivables	3,548
	3,548

Debtors: amounts falling due after one year

	2025 £
Directors Loan Accounts	12,796
	12,796

Creditors: amount falling due within one year

	2025 £
Trade Creditors	9
Corporation Tax	7,443
Accrued Expenses	3,500
	10,952

Registered Number: 16128654
England and Wales
BIT LYRIC LTD

Unaudited Financial Statements

Period of accounts Start date: 10 December 2024 End date: 31 December 2025