2022-11-012023-10-312023-10-31false12490303BEESTECH LTD2023-11-1462012iso4217:GBPxbrli:pure124903032022-11-01124903032023-10-31124903032022-11-012023-10-31124903032021-11-01124903032022-10-31124903032021-11-012022-10-3112490303bus:SmallEntities2022-11-012023-10-3112490303bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112490303bus:AbridgedAccounts2022-11-012023-10-3112490303bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112490303core:WithinOneYear2023-10-3112490303core:AfterOneYear2023-10-3112490303core:WithinOneYear2022-10-3112490303core:AfterOneYear2022-10-3112490303core:ShareCapital2023-10-3112490303core:SharePremium2023-10-3112490303core:RevaluationReserve2023-10-3112490303core:OtherReservesSubtotal2023-10-3112490303core:RetainedEarningsAccumulatedLosses2023-10-3112490303core:ShareCapital2022-10-3112490303core:SharePremium2022-10-3112490303core:RevaluationReserve2022-10-3112490303core:OtherReservesSubtotal2022-10-3112490303core:RetainedEarningsAccumulatedLosses2022-10-3112490303core:LandBuildings2023-10-3112490303core:PlantMachinery2023-10-3112490303core:Vehicles2023-10-3112490303core:FurnitureFittings2023-10-3112490303core:OfficeEquipment2023-10-3112490303core:NetGoodwill2023-10-3112490303core:IntangibleAssetsOtherThanGoodwill2023-10-3112490303core:ListedExchangeTraded2023-10-3112490303core:UnlistedNon-exchangeTraded2023-10-3112490303core:LandBuildings2022-10-3112490303core:PlantMachinery2022-10-3112490303core:Vehicles2022-10-3112490303core:FurnitureFittings2022-10-3112490303core:OfficeEquipment2022-10-3112490303core:NetGoodwill2022-10-3112490303core:IntangibleAssetsOtherThanGoodwill2022-10-3112490303core:ListedExchangeTraded2022-10-3112490303core:UnlistedNon-exchangeTraded2022-10-3112490303core:LandBuildings2022-11-012023-10-3112490303core:PlantMachinery2022-11-012023-10-3112490303core:Vehicles2022-11-012023-10-3112490303core:FurnitureFittings2022-11-012023-10-3112490303core:OfficeEquipment2022-11-012023-10-3112490303core:NetGoodwill2022-11-012023-10-3112490303core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112490303core:ListedExchangeTraded2022-11-012023-10-3112490303core:UnlistedNon-exchangeTraded2022-11-012023-10-3112490303core:MoreThanFiveYears2022-11-012023-10-3112490303core:Non-currentFinancialInstruments2023-10-3112490303core:Non-currentFinancialInstruments2022-10-3112490303dpl:CostSales2022-11-012023-10-3112490303dpl:DistributionCosts2022-11-012023-10-3112490303core:LandBuildings2022-11-012023-10-3112490303core:PlantMachinery2022-11-012023-10-3112490303core:Vehicles2022-11-012023-10-3112490303core:FurnitureFittings2022-11-012023-10-3112490303core:OfficeEquipment2022-11-012023-10-3112490303dpl:AdministrativeExpenses2022-11-012023-10-3112490303core:NetGoodwill2022-11-012023-10-3112490303core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112490303dpl:GroupUndertakings2022-11-012023-10-3112490303dpl:ParticipatingInterests2022-11-012023-10-3112490303dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112490303core:ListedExchangeTraded2022-11-012023-10-3112490303dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112490303core:UnlistedNon-exchangeTraded2022-11-012023-10-3112490303dpl:CostSales2021-11-012022-10-3112490303dpl:DistributionCosts2021-11-012022-10-3112490303core:LandBuildings2021-11-012022-10-3112490303core:PlantMachinery2021-11-012022-10-3112490303core:Vehicles2021-11-012022-10-3112490303core:FurnitureFittings2021-11-012022-10-3112490303core:OfficeEquipment2021-11-012022-10-3112490303dpl:AdministrativeExpenses2021-11-012022-10-3112490303core:NetGoodwill2021-11-012022-10-3112490303core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3112490303dpl:GroupUndertakings2021-11-012022-10-3112490303dpl:ParticipatingInterests2021-11-012022-10-3112490303dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3112490303core:ListedExchangeTraded2021-11-012022-10-3112490303dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3112490303core:UnlistedNon-exchangeTraded2021-11-012022-10-3112490303core:NetGoodwill2023-10-3112490303core:IntangibleAssetsOtherThanGoodwill2023-10-3112490303core:LandBuildings2023-10-3112490303core:PlantMachinery2023-10-3112490303core:Vehicles2023-10-3112490303core:FurnitureFittings2023-10-3112490303core:OfficeEquipment2023-10-3112490303core:AfterOneYear2023-10-3112490303core:WithinOneYear2023-10-3112490303core:ListedExchangeTraded2023-10-3112490303core:UnlistedNon-exchangeTraded2023-10-3112490303core:ShareCapital2023-10-3112490303core:SharePremium2023-10-3112490303core:RevaluationReserve2023-10-3112490303core:OtherReservesSubtotal2023-10-3112490303core:RetainedEarningsAccumulatedLosses2023-10-3112490303core:NetGoodwill2022-10-3112490303core:IntangibleAssetsOtherThanGoodwill2022-10-3112490303core:LandBuildings2022-10-3112490303core:PlantMachinery2022-10-3112490303core:Vehicles2022-10-3112490303core:FurnitureFittings2022-10-3112490303core:OfficeEquipment2022-10-3112490303core:AfterOneYear2022-10-3112490303core:WithinOneYear2022-10-3112490303core:Liste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BEESTECH LTD

Registered Number
12490303
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

BEESTECH LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

OZTURK, Fatih

Registered Address

11 Maplin Close
London
N21 1NB

Registered Number

12490303 (England and Wales)
BEESTECH LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets55,6608,236
5,6608,236
Current assets
Debtors68,9396,840
Cash at bank and on hand157,249174,149
166,188180,989
Creditors amounts falling due within one year7(18,971)(54,380)
Net current assets (liabilities)147,217126,609
Total assets less current liabilities152,877134,845
Net assets152,877134,845
Capital and reserves
Called up share capital1,0001,000
Other reserves300300
Profit and loss account151,577133,545
Shareholders' funds152,877134,845
The financial statements were approved and authorised for issue by the Director on 14 November 2023, and are signed on its behalf by:
OZTURK, Fatih
Director
Registered Company No. 12490303
BEESTECH LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Office Equipment4
Revenue recognition policy
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.
4.Employee information

20232022
Average number of employees during the year21
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 November 2210,306
At 31 October 2310,306
Depreciation and impairment
At 01 November 222,070
Charge for year2,576
At 31 October 234,646
Net book value
At 31 October 235,660
At 31 October 228,236
6.Debtors

2023

2022

££
Trade debtors / trade receivables2,5006,840
Other debtors6,439-
Total8,9396,840
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.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables-1,200
Taxation and social security18,97134,617
Other creditors-18,563
Total18,97154,380
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.