Company Registration No. 04172366 (England and Wales)
ByProduct Services Limited
Unaudited accounts
for the year ended 31 March 2021
ByProduct Services Limited
Unaudited accounts
Contents
ByProduct Services Limited
Company Information
for the year ended 31 March 2021
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 2021
Tangible assets
100,159
81,306
Cash at bank and in hand
199,177
240,527
Creditors: amounts falling due within one year
(44,751)
(63,263)
Net current assets
257,391
303,296
Net assets
357,550
384,602
Called up share capital
2
2
Profit and loss account
357,548
384,600
Shareholders' funds
357,550
384,602
For the year ending 31 March 2021 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.
The financial statements were approved by the Board and authorised for issue on 21 July 2021 and were signed on its behalf by
John Williams
Director
Company Registration No. 04172366
ByProduct Services Limited
Notes to the Accounts
for the year ended 31 March 2021
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 2020
13,365
127,327
57,990
8,518
207,200
Additions
-
1,342
56,610
-
57,952
Disposals
-
(28,500)
-
-
(28,500)
At 31 March 2021
13,365
100,169
114,600
8,518
236,652
At 1 April 2020
11,361
85,511
21,747
7,275
125,894
Charge for the year
200
10,939
17,083
397
28,619
On disposals
-
(18,020)
-
-
(18,020)
At 31 March 2021
11,561
78,430
38,830
7,672
136,493
At 31 March 2021
1,804
21,739
75,770
846
100,159
At 31 March 2020
2,004
41,816
36,243
1,243
81,306
ByProduct Services Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
102,965
126,032
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
24,879
28,814
Taxes and social security
2,610
10,328
Loans from directors
8,554
8,232
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).