Company Registration No. 04172366 (England and Wales)
ByProduct Services Limited
Unaudited accounts
for the year ended 31 March 2023
ByProduct Services Limited
Unaudited accounts
Contents
ByProduct Services Limited
Company Information
for the year ended 31 March 2023
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 2023
Tangible assets
150,190
143,990
Cash at bank and in hand
344,425
290,983
Creditors: amounts falling due within one year
(83,254)
(70,812)
Net current assets
368,599
310,060
Net assets
518,789
454,050
Called up share capital
2
2
Profit and loss account
518,787
454,048
Shareholders' funds
518,789
454,050
For the year ending 31 March 2023 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 30 December 2023 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 2023
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 2022
13,365
123,977
146,100
8,850
292,292
Additions
-
31,840
-
-
31,840
At 31 March 2023
13,365
155,817
146,100
8,850
324,132
At 1 April 2022
11,741
81,917
46,583
8,061
148,302
Charge for the year
162
14,454
10,779
245
25,640
At 31 March 2023
11,903
96,371
57,362
8,306
173,942
At 31 March 2023
1,462
59,446
88,738
544
150,190
At 31 March 2022
1,624
42,060
99,517
789
143,990
ByProduct Services Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
107,428
89,889
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
44,679
37,309
Taxes and social security
14,775
8,748
Loans from directors
17,603
14,997
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).