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REGISTERED NUMBER: 11227509 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

BECS Hire Limited

BECS Hire Limited (Registered number: 11227509)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BECS Hire Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs R A Baker
D C Baker





REGISTERED OFFICE: 5 Sunfield Business Park
New Mill Road
Finchampstead
Berkshire
RG40 4QT





REGISTERED NUMBER: 11227509 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

BECS Hire Limited (Registered number: 11227509)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 6,696 4,827

CURRENT ASSETS
Debtors 5 20,554 20,160
Cash at bank 1,196 416
21,750 20,576
CREDITORS
Amounts falling due within one year 6 (24,067 ) (18,587 )
NET CURRENT (LIABILITIES)/ASSETS (2,317 ) 1,989
TOTAL ASSETS LESS CURRENT LIABILITIES 4,379 6,816

CREDITORS
Amounts falling due after more than one
year

7

(3,483

)

(4,928

)
NET ASSETS 896 1,888

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 895 1,887
896 1,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 23 November 2023 and were signed on its behalf by:



D C Baker - Director


BECS Hire Limited (Registered number: 11227509)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

BECS Hire Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery - 25% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

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 balance sheet date.

Deferred tax
Deferred 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 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.

3. EMPLOYEES AND DIRECTORS

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

BECS Hire Limited (Registered number: 11227509)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 March 2022 11,067
Additions 3,990
At 28 February 2023 15,057
DEPRECIATION
At 1 March 2022 6,240
Charge for year 2,121
At 28 February 2023 8,361
NET BOOK VALUE
At 28 February 2023 6,696
At 28 February 2022 4,827

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 1,792 5,647
Other debtors 7,950 -
Tax 1,743 8,422
VAT 8,768 6,091
Accrued income 7 -
Prepayments 294 -
20,554 20,160

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 1,597 1,597
Trade creditors 11,173 6,742
Tax 2,430 3,048
Social security and other taxes 280 280
Other creditors 5,002 3,146
Directors' current accounts 2,324 2,724
Accrued expenses 1,261 1,050
24,067 18,587

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 1-2 years 1,597 1,597
Bank loans - 2-5 years 1,886 3,331
3,483 4,928

BECS Hire Limited (Registered number: 11227509)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


8. RELATED PARTY DISCLOSURES

At the year end the directors' were owed £2,324 (2022: £2,724) in respect of their directors' loan account.

The loan is interest free and repayable on demand.