Registered number
11763813
BeagleApps Limited
Unaudited Filleted Accounts
31 January 2024
BeagleApps Limited
Registered number: 11763813
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 8,499 4,727
Current assets
Debtors 4 4,541 4,419
Cash at bank and in hand 73,731 130,878
78,272 135,297
Creditors: amounts falling due within one year 5 (158) (13,797)
Net current assets 78,114 121,500
Total assets less current liabilities 86,613 126,227
Provisions for liabilities (1,615) (1,253)
Net assets 84,998 124,974
Capital and reserves
Called up share capital 100 100
Profit and loss account 84,898 124,874
Shareholder's funds 84,998 124,974
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jonathan Charles
Director
Approved by the board on 26 February 2024
BeagleApps Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer Equipment over 3 years
Office Equipment over 6.66 years
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023 10,541
Additions 9,715
At 31 January 2024 20,256
Depreciation
At 1 February 2023 5,814
Charge for the year 5,943
At 31 January 2024 11,757
Net book value
At 31 January 2024 8,499
At 31 January 2023 4,727
4 Debtors 2024 2023
£ £
Trade debtors - 4,032
Corporation Tax Debtor 3,254 -
Other debtors 1,287 387
4,541 4,419
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 13,065
Other creditors 158 732
158 13,797
6 Related party transactions
None noted
7 Transactions with Director
During the year Jonathan Charles used a current account with the company to record amounts due to him and amounts drawn by him. The account shows an amount owing back to Jonathan Charles as director as at 31st January 2024 of £157.00 ( 2023 £642.00). The amounts are repayable on demand and do not carry interest.
7 Controlling party
Jonathan Charles is the sole director and shareholder and is therefore the company's ultimate controlling party.
8 Other information
BeagleApps Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
The Old Bank
Beaufort Street
Crickhowell
Powys
NP8 1AD
The company trading address is;
91 Brecon Road
Abergavenny
Monmouthshire
NP7 7RE
BeagleApps Limited 11763813 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts October 2023 release 2 Jonathan Charles No description of principal activity 11763813 2022-02-01 2023-01-31 11763813 core:WithinOneYear 2023-01-31 11763813 core:ShareCapital 2023-01-31 11763813 core:RetainedEarningsAccumulatedLosses 2023-01-31 11763813 2023-02-01 2024-01-31 11763813 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11763813 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11763813 bus:Director40 2023-02-01 2024-01-31 11763813 1 2023-02-01 2024-01-31 11763813 2 2023-02-01 2024-01-31 11763813 core:PlantMachinery 2023-02-01 2024-01-31 11763813 countries:England 2023-02-01 2024-01-31 11763813 bus:FRS102 2023-02-01 2024-01-31 11763813 bus:FullAccounts 2023-02-01 2024-01-31 11763813 2024-01-31 11763813 core:WithinOneYear 2024-01-31 11763813 core:ShareCapital 2024-01-31 11763813 core:RetainedEarningsAccumulatedLosses 2024-01-31 11763813 core:PlantMachinery 2024-01-31 11763813 2023-01-31 11763813 core:PlantMachinery 2023-01-31 iso4217:GBP xbrli:pure