BYDAND LONDON LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11925701 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

BYDAND LONDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R V Valand

REGISTERED OFFICE:

Alpha House

296 Kenton Road

Harrow

HA3 8DD

REGISTERED NUMBER:

11925701 (England and Wales)

ACCOUNTANTS:

Frasers Young Limited

Chartered Certified Accountants

Alpha House

296 Kenton Road

Harrow

HA3 8DD

CURRENT ASSETS

Debtors

4

7,192

4,500

Investments

5

1,303,676

632,218

Cash at bank

96,016

24,419

1,406,884

661,137

CREDITORS

Amounts falling due within one year

6

(29,553

)

(29,085

)

NET CURRENT ASSETS

1,377,331

632,052

TOTAL ASSETS LESS CURRENT LIABILITIES

1,377,331

632,052

CREDITORS

Amounts falling due after more than one year

7

(1,386,441

)

(633,520

)

NET LIABILITIES

(9,110

)

(1,468

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(9,210

)

(1,568

)

(9,110

)

(1,468

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The 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.

The financial statements were approved by the director and authorised for issue on 27 October 2022 and were signed by:

R V Valand - Director

1.	STATUTORY INFORMATION

BYDAND LONDON LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other debtors

7,192

4,500

5.	CURRENT ASSET INVESTMENTS

31.3.22

31.3.21

£

£

Unlisted investments

1,303,676

632,218

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other creditors

29,553

29,085

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans

910,941

368,020

Other creditors

475,500

265,500

1,386,441

633,520

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

910,941

368,020