BI Software Technologies Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04515130

Financial Statements for the Year Ended 31 December 2020

for

BI SOFTWARE TECHNOLOGIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R VELAN

SECRETARY:

G VENKATESWARAN

REGISTERED OFFICE:

17 Vimy Drive

Dartford

DA1 5FJ

REGISTERED NUMBER:

04515130

FIXED ASSETS

Tangible assets

4

1

3

CURRENT ASSETS

Cash at bank

8,899

57,506

CREDITORS

Amounts falling due within one year

5

(8,709

)

(59,803

)

NET CURRENT ASSETS/(LIABILITIES)

190

(2,297

)

TOTAL ASSETS LESS CURRENT LIABILITIES

191

(2,294

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

91

(2,394

)

SHAREHOLDERS' FUNDS

191

(2,294

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 13 September 2021 and were signed by:

R VELAN - Director

1.	STATUTORY INFORMATION

BI Software Technologies Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

Turnover comprises fees for providing software consultancy services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

at varying rates on cost

Computer equipment

-

at varying rates on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2020

and 31 December 2020

2,882

8,567

11,449

DEPRECIATION

At 1 January 2020

2,881

8,565

11,446

Charge for year

1

1

2

At 31 December 2020

2,882

8,566

11,448

NET BOOK VALUE

At 31 December 2020

-

1

1

At 31 December 2019

1

2

3

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Taxation and social security

4,008

5,971

Other creditors

4,701

53,832

8,709

59,803