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REGISTERED NUMBER: 11385773 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Be Trends Ltd
Trading as
West 78

Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Be Trends Ltd
Trading as West 78

Company Information
for the Year Ended 31 May 2023







DIRECTOR: M J Bollands





REGISTERED OFFICE: 105 Abbotswood Road
Brockworth
Gloucester
GL3 4PD





REGISTERED NUMBER: 11385773 (England and Wales)





ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS

Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Statement of Financial Position
31 May 2023

31/5/23 31/5/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 314 687

CURRENT ASSETS
Debtors 5 3,233 3,050
Cash at bank and in hand 32,370 29,667
35,603 32,717
CREDITORS
Amounts falling due within one year 6 11,678 13,739
NET CURRENT ASSETS 23,925 18,978
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,239

19,665

PROVISIONS FOR LIABILITIES - 131
NET ASSETS 24,239 19,534

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 24,237 19,532
SHAREHOLDERS' FUNDS 24,239 19,534

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

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

The director acknowledges his 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.

Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Statement of Financial Position - continued
31 May 2023


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 director and authorised for issue on 11 November 2023 and were signed by:





M J Bollands - Director


Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Be Trends Ltd 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.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation 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 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 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.

Hire purchase and 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.

Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 June 2022
and 31 May 2023 617 3,019 734 4,370
Depreciation
At 1 June 2022 381 2,888 414 3,683
Charge for year 59 131 183 373
At 31 May 2023 440 3,019 597 4,056
Net book value
At 31 May 2023 177 - 137 314
At 31 May 2022 236 131 320 687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Other debtors 3,233 3,050

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Trade creditors 2,792 2,503
Taxation and social security 1,618 694
Other creditors 7,268 10,542
11,678 13,739

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31/5/23 31/5/22
£    £   
Within one year 15,350 15,350
Between one and five years 426 426
15,776 15,776

Be Trends Ltd (Registered number: 11385773)
Trading as West 78

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


8. RELATED PARTY DISCLOSURES

M J Bollands
Director

Included in other creditors at 31 May 2023 is £6,230 (2022 - £9,533) due to the above director. This loan is interest free and has no set repayment terms.