2022-06-012023-05-312023-05-31false10781193BE PRESENT LIMITED2024-03-0668209iso4217:GBPxbrli:pure107811932022-06-01107811932023-05-31107811932022-06-012023-05-31107811932021-06-01107811932022-05-31107811932021-06-012022-05-3110781193bus:SmallEntities2022-06-012023-05-3110781193bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3110781193bus:FullAccounts2022-06-012023-05-3110781193bus:PrivateLimitedCompanyLtd2022-06-012023-05-3110781193core:WithinOneYear2023-05-3110781193core:AfterOneYear2023-05-3110781193core:WithinOneYear2022-05-3110781193core:AfterOneYear2022-05-3110781193core:ShareCapital2023-05-3110781193core:SharePremium2023-05-3110781193core:RevaluationReserve2023-05-3110781193core:OtherReservesSubtotal2023-05-3110781193core:RetainedEarningsAccumulatedLosses2023-05-3110781193core:ShareCapital2022-05-3110781193core:SharePremium2022-05-3110781193core:RevaluationReserve2022-05-3110781193core:OtherReservesSubtotal2022-05-3110781193core:RetainedEarningsAccumulatedLosses2022-05-3110781193core:LandBuildings2023-05-3110781193core:PlantMachinery2023-05-3110781193core:Vehicles2023-05-3110781193core:FurnitureFittings2023-05-3110781193core:OfficeEquipment2023-05-3110781193core:NetGoodwill2023-05-3110781193core:IntangibleAssetsOtherThanGoodwill2023-05-3110781193core:ListedExchangeTraded2023-05-3110781193core:UnlistedNon-exchangeTraded2023-05-3110781193core:LandBuildings2022-05-3110781193core:PlantMachinery2022-05-3110781193core:Vehicles2022-05-3110781193core:FurnitureFittings2022-05-3110781193core:OfficeEquipment2022-05-3110781193core:NetGoodwill2022-05-3110781193core:IntangibleAssetsOtherThanGoodwill2022-05-3110781193core:ListedExchangeTraded2022-05-3110781193core:UnlistedNon-exchangeTraded2022-05-3110781193core:LandBuildings2022-06-012023-05-3110781193core:PlantMachinery2022-06-012023-05-3110781193core:Vehicles2022-06-012023-05-3110781193core:FurnitureFittings2022-06-012023-05-3110781193core:OfficeEquipment2022-06-012023-05-3110781193core:NetGoodwill2022-06-012023-05-3110781193core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3110781193core:ListedExchangeTraded2022-06-012023-05-3110781193core:UnlistedNon-exchangeTraded2022-06-012023-05-3110781193core:MoreThanFiveYears2022-06-012023-05-3110781193core:Non-currentFinancialInstruments2023-05-3110781193core:Non-currentFinancialInstruments2022-05-3110781193dpl:CostSales2022-06-012023-05-3110781193dpl:DistributionCosts2022-06-012023-05-3110781193core:LandBuildings2022-06-012023-05-3110781193core:PlantMachinery2022-06-012023-05-3110781193core:Vehicles2022-06-012023-05-3110781193core:FurnitureFittings2022-06-012023-05-3110781193core:OfficeEquipment2022-06-012023-05-3110781193dpl:AdministrativeExpenses2022-06-012023-05-3110781193core:NetGoodwill2022-06-012023-05-3110781193core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3110781193dpl:GroupUndertakings2022-06-012023-05-3110781193dpl:ParticipatingInterests2022-06-012023-05-3110781193dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3110781193core:ListedExchangeTraded2022-06-012023-05-3110781193dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3110781193core:UnlistedNon-exchangeTraded2022-06-012023-05-3110781193dpl:CostSales2021-06-012022-05-3110781193dpl:DistributionCosts2021-06-012022-05-3110781193core:LandBuildings2021-06-012022-05-3110781193core:PlantMachinery2021-06-012022-05-3110781193core:Vehicles2021-06-012022-05-3110781193core:FurnitureFittings2021-06-012022-05-3110781193core:OfficeEquipment2021-06-012022-05-3110781193dpl:AdministrativeExpenses2021-06-012022-05-3110781193core:NetGoodwill2021-06-012022-05-3110781193core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3110781193dpl:GroupUndertakings2021-06-012022-05-3110781193dpl:ParticipatingInterests2021-06-012022-05-3110781193dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3110781193core:ListedExchangeTraded2021-06-012022-05-3110781193dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3110781193core:UnlistedNon-exchangeTraded2021-06-012022-05-3110781193core:NetGoodwill2023-05-3110781193core:IntangibleAssetsOtherThanGoodwill2023-05-3110781193core:LandBuildings2023-05-3110781193core:PlantMachinery2023-05-3110781193core:Vehicles2023-05-3110781193core:FurnitureFittings2023-05-3110781193core:OfficeEquipment2023-05-3110781193core:AfterOneYear2023-05-3110781193core:WithinOneYear2023-05-3110781193core:ListedExchangeTraded2023-05-3110781193core:UnlistedNon-exchangeTraded2023-05-3110781193core:ShareCapital2023-05-3110781193core:SharePremium2023-05-3110781193core:RevaluationReserve2023-05-3110781193core:OtherReservesSubtotal2023-05-3110781193core:RetainedEarningsAccumulatedLosses2023-05-3110781193core:NetGoodwill2022-05-3110781193core:IntangibleAssetsOtherThanGoodwill2022-05-3110781193core:LandBuildings2022-05-3110781193core:PlantMachinery2022-05-3110781193core:Vehicles2022-05-3110781193core:FurnitureFittings2022-05-3110781193core:OfficeEquipment2022-05-3110781193core:AfterOneYear2022-05-3110781193core:WithinOneYear2022-05-3110781193core:ListedExchangeTraded2022-05-3110781193core:UnlistedNon-exchangeTraded2022-05-3110781193core:ShareCapital2022-05-3110781193core:SharePremium2022-05-3110781193core:RevaluationReserve2022-05-3110781193core:OtherReservesSubtotal2022-05-3110781193core:RetainedEarningsAccumulatedLosses2022-05-3110781193core:NetGoodwill2021-06-0110781193core:IntangibleAssetsOtherThanGoodwill2021-06-0110781193core:LandBuildings2021-06-0110781193core:PlantMachinery2021-06-0110781193core:Vehicles2021-06-0110781193core:FurnitureFittings2021-06-0110781193core:OfficeEquipment2021-06-0110781193core:AfterOneYear2021-06-0110781193core:WithinOneYear2021-06-0110781193core:ListedExchangeTraded2021-06-0110781193core:UnlistedNon-exchangeTraded2021-06-0110781193core:ShareCapital2021-06-0110781193core:SharePremium2021-06-0110781193core:RevaluationReserve2021-06-0110781193core:OtherReservesSubtotal2021-06-0110781193core:RetainedEarningsAccumulatedLosses2021-06-0110781193core:AfterOneYear2022-06-012023-05-3110781193core:WithinOneYear2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3110781193core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3110781193core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3110781193core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3110781193core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3110781193core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3110781193bus:Director12022-06-012023-05-31107811931bus:Director12022-06-01107811931bus:Director12022-06-012023-05-31107811931bus:Director12023-05-31107811932022-06-01107811932022-06-012023-05-31107811932023-05-31

BE PRESENT LIMITED

Registered Number
10781193
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

BE PRESENT LIMITED
Company Information
for the year from 1 June 2022 to 31 May 2023

Director

DURU, Spencer Tayyar

Registered Address

1 The Avenue
Marleigh
Cambridge
CB5 8LH

Registered Number

10781193 (England and Wales)
BE PRESENT LIMITED
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,6722,495
Investment property47,987,5248,038,214
7,989,1968,040,709
Current assets
Debtors2,452158
Cash at bank and on hand102,160225,268
104,612225,426
Creditors amounts falling due within one year5(3,706,566)(3,306,187)
Net current assets (liabilities)(3,601,954)(3,080,761)
Total assets less current liabilities4,387,2424,959,948
Creditors amounts falling due after one year6(4,589,088)(5,115,572)
Net assets(201,846)(155,624)
Capital and reserves
Called up share capital100100
Profit and loss account(201,946)(155,724)
Shareholders' funds(201,846)(155,624)
The financial statements were approved and authorised for issue by the Director on 6 March 2024, and are signed on its behalf by:
DURU, Spencer Tayyar
Director
Registered Company No. 10781193
BE PRESENT LIMITED
Notes to the Financial Statements
for the year ended 31 May 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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 policy
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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
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.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20232022
Average number of employees during the year43
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 June 224,1574,157
At 31 May 234,1574,157
Depreciation and impairment
At 01 June 221,6621,662
Charge for year823823
At 31 May 232,4852,485
Net book value
At 31 May 231,6721,672
At 31 May 222,4952,495
4.Investment property

£
Fair value at 01 June 228,038,214
Disposals(50,690)
At 31 May 237,987,524
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables3,706,5663,306,187
Total3,706,5663,306,187
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts4,589,0885,115,572
Total4,589,0885,115,572
7.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
DURU, Spencer Tayyar3,305,789542,196142,3683,705,617
3,305,789542,196142,3683,705,617