BEGA & CO. LTD

Company Registration Number:
12427545 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

BEGA & CO. LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

BEGA & CO. LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 205 888
Total fixed assets: 205 888
Current assets
Stocks: 10,126 14,189
Debtors:   17,662 15,111
Cash at bank and in hand: 1 20
Total current assets: 27,789 29,320
Creditors: amounts falling due within one year:   (3,101) (4,107)
Net current assets (liabilities): 24,688 25,213
Total assets less current liabilities: 24,893 26,101
Provision for liabilities: (40) (170)
Total net assets (liabilities): 24,853 25,931
Capital and reserves
Called up share capital: 8 8
Profit and loss account: 24,845 25,923
Shareholders funds: 24,853 25,931

The notes form part of these financial statements

BEGA & CO. LTD

Balance sheet statements

For the year ending 31 January 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2023
and signed on behalf of the board by:

Name: Ms V Seguel
Status: Director

The notes form part of these financial statements

BEGA & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

1. Accounting policies

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.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 33% on cost

Other accounting policies

StocksStocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.TaxationTaxation 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 taxDeferred 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 measuredusing 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.Going concernThe director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis of preparation in preparing the financial statements.

BEGA & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

BEGA & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 2,047
At 31 January 2023 2,047
Depreciation
At 01 February 2022 1,159
Charge for year 683
At 31 January 2023 1,842
Net book value
At 31 January 2023 205
At 31 January 2022 888

BEGA & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Related party transactions

During the year the company was controlled by Ms V Seguel and C Gomez.