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REGISTERED NUMBER: 07851729 (England and Wales)













Financial Statements

for the Year Ended 31 December 2021

for

Beyond Digital Solutions Limited

Beyond Digital Solutions Limited (Registered number: 07851729)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Beyond Digital Solutions Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: L Richley



REGISTERED OFFICE: Unit 11
Merchant Court
Monkton Business Park South
HEBBURN
NE31 2EX



REGISTERED NUMBER: 07851729 (England and Wales)



SENIOR STATUTORY AUDITOR: Kevin Shotton BA BFP FCA



AUDITORS: Clive Owen LLP
Chartered Accountants
& Statutory Auditors
140 Coniscliffe Road
Darlington
County Durham
DL3 7RT

Beyond Digital Solutions Limited (Registered number: 07851729)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,047 54,184

CURRENT ASSETS
Stocks 166,765 99,090
Debtors 5 559,936 491,351
Cash at bank and in hand 1,072,046 765,651
1,798,747 1,356,092
CREDITORS
Amounts falling due within one year 6 835,229 630,988
NET CURRENT ASSETS 963,518 725,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,039,565

779,288

CREDITORS
Amounts falling due after more than one
year

7

-

(101,779

)

PROVISIONS FOR LIABILITIES 10 (14,033 ) (4,468 )
NET ASSETS 1,025,532 673,041

CAPITAL AND RESERVES
Called up share capital 11 137 137
Share premium 229,935 229,935
Retained earnings 795,460 442,969
SHAREHOLDERS' FUNDS 1,025,532 673,041

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2022 and were signed by:





L Richley - Director


Beyond Digital Solutions Limited (Registered number: 07851729)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Beyond Digital Solutions 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.

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.

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

Income recognition
Turnover is recognised when the goods have been despatched or service works have been completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks
Stocks are valued at the lower of cost and selling price less estimated costs to sell.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Beyond Digital Solutions Limited (Registered number: 07851729)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The country and the rest of the world is currently dealing with the Covid19 pandemic and it isn't known how long the problem will last and what the ramifications for the world economy will be. The director has put plans in place to deal with the financial impact on the company and cashflow has remained strong during the pandemic therefore there is no material uncertainty surrounding going concern.

Government grants
Government grants received are matched with the expenditure incurred. Revenue grants are taken to the profit and loss account in the period the expense is incurred. Capital grants are released over the life of the related asset.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2020 - 13 ) .

Beyond Digital Solutions Limited (Registered number: 07851729)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2021 103,425 59,754 163,179
Additions 5,630 44,328 49,958
Disposals - (18,045 ) (18,045 )
At 31 December 2021 109,055 86,037 195,092
DEPRECIATION
At 1 January 2021 79,738 29,257 108,995
Charge for year 13,565 14,530 28,095
Eliminated on disposal - (18,045 ) (18,045 )
At 31 December 2021 93,303 25,742 119,045
NET BOOK VALUE
At 31 December 2021 15,752 60,295 76,047
At 31 December 2020 23,687 30,497 54,184

5. DEBTORS
2021 2020
£    £   
Amounts falling due within one year:
Trade debtors 301,870 242,475
Amounts owed by group undertaking 172,555 172,555
Other debtors 4,250 7,963
Prepayments and accrued income 69,410 52,407
548,085 475,400

Amounts falling due after more than one year:
Other debtors 11,851 15,951

Aggregate amounts 559,936 491,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts (see note 8) - 8,333
Trade creditors 379,742 149,417
Taxation and social security 168,801 172,808
Other creditors 3,164 2,380
Accruals and deferred income 283,522 298,050
835,229 630,988

Beyond Digital Solutions Limited (Registered number: 07851729)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans (see note 8) - 91,667
Taxation and social security - 10,112
- 101,779

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,667

8. LOANS

An analysis of the maturity of loans is given below:

2021 2020
£    £   
Amounts falling due within one year or on demand:
Bank loans - 8,333

Amounts falling due between one and two years:
Bank loans - 1-2 years - 20,000

Amounts falling due between two and five years:
Bank loans - 2-5 years - 60,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 11,667

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2021 2020
£    £   
Within one year 11,167 25,000
Between one and five years - 11,167
11,167 36,167

10. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 14,033 4,468

Beyond Digital Solutions Limited (Registered number: 07851729)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2021 4,468
Accelerated capital allowances 9,565
Balance at 31 December 2021 14,033

11. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
1,219 Ordinary £0.10 122 122
150 Ordinary A £0.10 15 15
137 137

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shotton BA BFP FCA (Senior Statutory Auditor)
for and on behalf of Clive Owen LLP

13. RELATED PARTY DISCLOSURES

A loan of £172,555 has been provided to the parent company, Beyond Integrity Holdings Limited. This loan has not been provided at market value as no interest is charged.

14. ULTIMATE PARENT COMPANY

Beyond Digital Solutions Limited is a wholly owned subsidiary of Beyond Integrity Holdings Limited, a company registered in England. The registered office of Beyond Integrity Holdings Limited is Unit 11 Merchant Court, Monkton Business Park South, Hebburn, England, NE31 2EX, which is also the company's principal place of business.