Registered number
05676744
Beyea Care Limited
Filleted Accounts
31 March 2023
Beyea Care Limited
Registered number: 05676744
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 62,725 37,494
Current assets
Debtors 4 10,278 21,869
Cash at bank and in hand 48,168 72,150
58,446 94,019
Creditors: amounts falling due within one year 5 (55,098) (44,149)
Net current assets 3,348 49,870
Total assets less current liabilities 66,073 87,364
Creditors: amounts falling due after more than one year 6 (58,963) (53,102)
Net assets 7,110 34,262
Capital and reserves
Called up share capital 2 2
Profit and loss account 7,108 34,260
Shareholder's funds 7,110 34,262
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M C Hunt
Director
Approved by the board on 29 September 2023
Beyea Care Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 51 47
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2022 52,072 56,690 108,762
Additions 3,370 29,695 33,065
At 31 March 2023 55,442 86,385 141,827
Depreciation
At 1 April 2022 44,043 27,225 71,268
Charge for the year 2,855 4,979 7,834
At 31 March 2023 46,898 32,204 79,102
Net book value
At 31 March 2023 8,544 54,181 62,725
At 31 March 2022 8,029 29,465 37,494
4 Debtors 2023 2022
£ £
Trade debtors 3,115 17,505
Other debtors 7,163 4,364
10,278 21,869
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 4,213 4,200
Taxation and social security costs 39,900 39,949
Other creditors 10,985 -
55,098 44,149
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 31,667 41,775
Obligations under finance lease and hire purchase contracts 27,296 11,327
58,963 53,102
7 Other information
Beyea Care Limited is a private company limited by shares and incorporated in England. Its registered office is:
Westerfield Business Centre
Main Road Westerfield
Ipswich
Suffolk
IP6 9AB
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