Accounts Submission


BY LOANS LTD

Company Registration Number:
11435875 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

BY LOANS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7

BY LOANS LTD

Company Information

for the Period Ended 30 November 2023




Director: Nicholas Charles Anthony Young
Elliot Shaun Webster
Registered office: 57-58
Russell Square
London
England
WC1B 4HS
Company Registration Number: 11435875 (England and Wales)

BY LOANS LTD

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

The principal activity of the company in the year under review was that of Financial intermediaries.

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Nicholas Charles Anthony Young
Elliot Shaun Webster

This report was approved by the board of directors on 12 April 2024
And Signed On Behalf Of The Board By:

Name: Nicholas Charles Anthony Young
Status: Director

BY LOANS LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 81,692 373,063
Cash at bank and in hand: 39,683 4,651
Total current assets: 121,375 377,714
Creditors: amounts falling due within one year: ( 47,991 ) ( 51,345 )
Net current assets (liabilities): 73,384 326,369
Total assets less current liabilities: 73,384 326,369
Creditors: amounts falling due after more than one year: ( 371,000 )
Total net assets (liabilities): 73,384 ( 44,631 )

The notes form part of these financial statements

BY LOANS LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 72,884 ( 45,131 )
Shareholders funds: 73,384 ( 44,631 )

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 April 2024
And Signed On Behalf Of The Board By:

Name: Nicholas Charles Anthony Young
Status: Director

The notes form part of these financial statements

BY LOANS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

BY LOANS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

BY LOANS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

BY LOANS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4.1. Loans to Directors

Name of director receiving advance or credit: Nicholas Charles Anthony Young
Description of the transaction:
Repayment of previously outstanding loan
Balance at 01 December 2022 10,000
Advances or credits repaid: 10,000
Balance at 30 November 2023 0