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REGISTERED NUMBER: 09194424 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2023

FOR

BEE'S EMPORIUM LIMITED

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEE'S EMPORIUM LIMITED

COMPANY INFORMATION
for the year ended 30 June 2023







DIRECTORS: A R Longhurst
A R Frostick





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 09194424 (England and Wales)





ACCOUNTANTS: d&t
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,542 8,090

CURRENT ASSETS
Stocks 56,912 56,912
Debtors 5 13,472 13,640
70,384 70,552
CREDITORS
Amounts falling due within one year 6 63,839 45,378
NET CURRENT ASSETS 6,545 25,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,087

33,264

CREDITORS
Amounts falling due after more than one
year

7

(19,908

)

(32,041

)

PROVISIONS FOR LIABILITIES (836 ) (1,049 )
NET (LIABILITIES)/ASSETS (7,657 ) 174

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (7,757 ) 74
SHAREHOLDERS' FUNDS (7,657 ) 174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

BALANCE SHEET - continued
30 June 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 Board of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by:




A R Longhurst - Director



A R Frostick - Director


BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2023

1. STATUTORY INFORMATION

Bee's Emporium 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 12,339
Additions 223
At 30 June 2023 12,562
DEPRECIATION
At 1 July 2022 4,249
Charge for year 1,771
At 30 June 2023 6,020
NET BOOK VALUE
At 30 June 2023 6,542
At 30 June 2022 8,090

The net book value of tangible fixed assets includes £ 4,097 (2022 - £ 5,121 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,726 5,076
Other debtors 9,746 8,564
13,472 13,640

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 36,336 28,660
Hire purchase contracts (see note 8) 2,303 2,308
Trade creditors 22,509 7,971
Taxation and social security - 3,921
Other creditors 2,691 2,518
63,839 45,378

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,908 29,923
Hire purchase contracts (see note 8) - 2,118
19,908 32,041

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 2,303 2,308
Between one and five years - 2,118
2,303 4,426

At 30th June 2023, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £37,700 (2022: £53,300).

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 26,321 18,892
Hire purchase - 4,426
26,321 23,318

The loans included within other creditors are secured by way of the following:

A fixed and floating charge over all of the property or undertaking of the company. This charge includes a negative pledge, dated 23th October 2014.

BEE'S EMPORIUM LIMITED (REGISTERED NUMBER: 09194424)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2023

10. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions, including dividend payments to it's shareholders.