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REGISTERED NUMBER: 12509569 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Beflow Consultancy LTD

Beflow Consultancy LTD (Registered number: 12509569)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Beflow Consultancy LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs T Johal
S S Johal





SECRETARY:





REGISTERED OFFICE: 10 Walmley Ash Road
Walmley
Sutton Coldfield
Birmingham
West Midlands
B76 1HY





REGISTERED NUMBER: 12509569 (England and Wales)





ACCOUNTANTS: Skeh Accountants Limited
61B
Caroline Street
The Jewellery Quarter
Birmingham
West Midlands
B3 1UF

Beflow Consultancy LTD (Registered number: 12509569)

Report of the Directors
for the Year Ended 31 March 2023

The directors present their report with the financial statements of the company for the year ended 31 March 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Consultancy

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2022 to the date of this report.

Mrs T Johal
S S Johal

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S S Johal - Director


18 December 2023

Beflow Consultancy LTD (Registered number: 12509569)

Income Statement
for the Year Ended 31 March 2023

31.3.23 31.3.22
£    £   

TURNOVER 196,851 132,400

Cost of sales 646 450
GROSS PROFIT 196,205 131,950

Administrative expenses 130,501 136,306
65,704 (4,356 )

Other operating income - 3,139
OPERATING PROFIT/(LOSS) 65,704 (1,217 )

Income from shares in group
undertakings

16,000

10,500
PROFIT BEFORE TAXATION 81,704 9,283

Tax on profit 15,443 -
PROFIT FOR THE FINANCIAL
YEAR

66,261

9,283

Beflow Consultancy LTD (Registered number: 12509569)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 45,728 38,670

CURRENT ASSETS
Debtors 5 (38,064 ) 1,134
Cash at bank and in hand 201,771 126,677
163,707 127,811
CREDITORS
Amounts falling due within one year 6 5,493 20,490
NET CURRENT ASSETS 158,214 107,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,942

145,991

CREDITORS
Amounts falling due after more than
one year

7

89,832

92,832
NET ASSETS 114,110 53,159

RESERVES
Retained earnings 114,110 53,159
114,110 53,159

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Beflow Consultancy LTD (Registered number: 12509569)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2023 and were signed on its behalf by:





S S Johal - Director


Beflow Consultancy LTD (Registered number: 12509569)

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

1. STATUTORY INFORMATION

Beflow Consultancy 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.

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.

Beflow Consultancy LTD (Registered number: 12509569)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2022 38,670
Additions 7,058
At 31 March 2023 45,728
NET BOOK VALUE
At 31 March 2023 45,728
At 31 March 2022 38,670

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.23 31.3.22
£    £   
Trade debtors 38,827 1,134
Other debtors (76,891 ) -
(38,064 ) 1,134

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.23 31.3.22
£    £   
Trade creditors (300 ) 1
Taxation and social security 15,443 20,489
Other creditors (9,650 ) -
5,493 20,490

Beflow Consultancy LTD (Registered number: 12509569)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 89,832 92,832