Company Registration No. 04172366 (England and Wales)
ByProduct Services Limited
Unaudited accounts
for the year ended 31 March 2019
ByProduct Services Limited
Unaudited accounts
Contents
ByProduct Services Limited
Company Information
for the year ended 31 March 2019
Company Number
04172366 (England and Wales)
Registered Office
Caia Cottage
Caia Farm
Old Wrexham Road
Gresford
LL12 8UA
Accountants
Victoria Davies MAAT
Affordable Accountancy
Quarry Brow
Gresford
Wrexham
LL12 8SJ
ByProduct Services Limited
Statement of financial position
as at
31 March 2019
Tangible assets
94,914
35,412
Cash at bank and in hand
192,372
240,209
Creditors: amounts falling due within one year
(29,167)
(11,227)
Net current assets
272,800
324,481
Net assets
367,714
359,893
Called up share capital
2
2
Profit and loss account
367,712
359,891
Shareholders' funds
367,714
359,893
For the year ending 31 March 2019 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.
Approved by the Board on 25 June 2019.
John Williams
Director
Company Registration No. 04172366
ByProduct Services Limited
Notes to the Accounts
for the year ended 31 March 2019
ByProduct Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04172366. The registered office is Caia Cottage, Caia Farm, Old Wrexham Road, Gresford, LL12 8UA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
10% Reducing Balance
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2018
13,365
89,684
40,605
7,728
151,382
Additions
-
72,128
18,990
790
91,908
Disposals
-
-
(40,605)
-
(40,605)
At 31 March 2019
13,365
161,812
18,990
8,518
202,685
At 1 April 2018
10,890
69,855
28,916
6,309
115,970
Charge for the year
248
10,541
7,249
503
18,541
On disposals
-
-
(26,740)
-
(26,740)
At 31 March 2019
11,138
80,396
9,425
6,812
107,771
At 31 March 2019
2,227
81,416
9,565
1,706
94,914
At 31 March 2018
2,475
19,829
11,689
1,419
35,412
ByProduct Services Limited
Notes to the Accounts
for the year ended 31 March 2019
Trade debtors
109,595
95,499
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
10,559
21,775
Taxes and social security
8,285
19,734
Loans from directors
8,593
(31,862)
7
Average number of employees
During the year the average number of employees was 1 (2018: 1).