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REGISTERED NUMBER: 13903605 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 9 FEBRUARY 2022 TO 31 MAY 2023

FOR

BEAST HQ LIMITED

BEAST HQ LIMITED (REGISTERED NUMBER: 13903605)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 FEBRUARY 2022 TO 31 MAY 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 2 to 4


BEAST HQ LIMITED (REGISTERED NUMBER: 13903605)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

Notes £   
FIXED ASSETS
Intangible assets 4 5,168
Investments 5 150,308
155,476

CURRENT ASSETS
Debtors 6 615,300
Cash at bank 139,035
754,335
CREDITORS
Amounts falling due within one year 7 (23,109 )
NET CURRENT ASSETS 731,226
TOTAL ASSETS LESS CURRENT
LIABILITIES

886,702

CAPITAL AND RESERVES
Called up share capital 400
Retained earnings 886,302
886,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:



A S Hall - Director


BEAST HQ LIMITED (REGISTERED NUMBER: 13903605)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 FEBRUARY 2022 TO 31 MAY 2023


1. STATUTORY INFORMATION

Beast HQ Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13903605

Registered office: C/O DPC
Stone House
55 Stone Road Business Park
Stoke-on-Trent
Staffordshire
ST4 6SR

The principal activity of the company is that of a holding company.

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.

The financial statement are prepared in sterling, which is the functional currency of the entity.

Preparation of consolidated financial statements
The entity has taken advantage of the option not to prepare consolidated financial statementscontained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiaryundertakings comprise a small group.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of three years.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

BEAST HQ LIMITED (REGISTERED NUMBER: 13903605)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 FEBRUARY 2022 TO 31 MAY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financialliabilities are presented as such in the balance sheet. Finance costs and gains or losses relating tofinancial liabilities are included in the profit and loss account. Finance costs are calculated so as toproduce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

BEAST HQ LIMITED (REGISTERED NUMBER: 13903605)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 FEBRUARY 2022 TO 31 MAY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 7,752
At 31 May 2023 7,752
AMORTISATION
Charge for period 2,584
At 31 May 2023 2,584
NET BOOK VALUE
At 31 May 2023 5,168

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
Additions 275 150,033 150,308
At 31 May 2023 275 150,033 150,308
NET BOOK VALUE
At 31 May 2023 275 150,033 150,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 615,300

Amounts owed by group undertakings are unsecured and repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 208
Other creditors 22,901
23,109

8. EVENTS AFTER THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.