Registered Number
:
03682012
|
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2017
Baytree Labs Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Baytree Labs Ltd
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
14,764
7,913
2
14,764
7,913
Trade and other receivables
|
52,770
186,603
3
663
Cash and cash equivalents
|
437
187,040
53,433
Trade and other payables
:
amounts falling due within one year
|
(133,112)
(146,796)
4
(79,679)
40,244
Net current assets
Total assets less current liabilities
|
55,008
(71,766)
Trade and other payables
:
amounts falling due after more than one
|
year
|
(22,254)
(14,251)
5
40,757
Net assets/liabilities
(94,020)
2
2
40,755
(94,022)
40,757
(94,020)
Shareholders' funds
For the year ended 31 March 2017 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 of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
|
financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394
and
395
and
|
which otherwise comply with the requirements of the Companies Act
2006
relating to financial statements
,
so far as applicable
|
to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 31 August 2017 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 March 2017
Baytree Labs Ltd
Notes to the Financial Statements
Statutory Information
Baytree Labs Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
03682012
.
|
Principal place of business
:
|
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Unit 21 Kingspark Business Centre
152-178 Kingston Road
New Malden
Surrey
KT3 3ST
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention
.
|
Revenue recognition
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax.
Property, plant and equipment
Tangible fixed assets, 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 equipt and web-site
Furniture,fixtures & equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 March 2017
Baytree Labs Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Computer
|
equipt and
|
web
-
site
|
Furniture
,
fixtur
|
es
&
equipment
|
33,681
27,138
6,543
9,837
6,742
3,095
9,638
33,880
43,518
Provision for depreciation and impairment
|
25,768
21,193
4,575
Charge for year
2,986
2,337
649
28,754
23,530
5,224
4,414
10,350
14,764
1,968
5,945
7,913
3
.
Trade and other receivables
|
2016
2017
171,104
26,338
15,499
26,432
52,770
186,603
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
-
12,801
17,865
65,062
Taxation and social security
|
56,095
2,806
72,836
52,443
146,796
133,112
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
14,251
22,254
3 of 4
For the year ended 31 March 2017
Baytree Labs Ltd
Notes to the Financial Statements Continued
6
.
Average number of persons employed
|
During the year the average number of employees was 4 (2016 : 4)
4 of 4