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REGISTERED NUMBER: 10392754 (England and Wales)















BEYOND FUNDING (TOPCO) LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023






BEYOND FUNDING (TOPCO) LTD (REGISTERED NUMBER: 10392754)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BEYOND FUNDING (TOPCO) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: S Morley





REGISTERED OFFICE: 1-7 Fallbarn Road
Rawtenstall
Rossendale
Lancashire
BB4 7NT





REGISTERED NUMBER: 10392754 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

BEYOND FUNDING (TOPCO) LTD (REGISTERED NUMBER: 10392754)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 472,925 472,985
Cash at bank and in hand 158 448
473,083 473,433
CREDITORS
Amounts falling due within one year 6 (480,030 ) (480,380 )
NET CURRENT LIABILITIES (6,947 ) (6,947 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,946

)

(6,946

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (7,046 ) (7,046 )
SHAREHOLDERS' FUNDS (6,946 ) (6,946 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 June 2024 and were signed by:





S Morley - Director


BEYOND FUNDING (TOPCO) LTD (REGISTERED NUMBER: 10392754)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Beyond Funding (Topco) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 10392754 and the registered office address is 1-7 Fallbarn Road, Rawtenstall, Rossendale, Lancashire, BB4 7NT.

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.

At the year end date the company had net liabilities of £6,946 (2022: £6,946). However, included within creditors due within one year is a balance of £397,900 (2022: £397,900) due to a director. The director has confirmed that they will not seek repayment of this balance until the company is in a position to do so. The company has the continued support of other companies within the group. The director therefore continues to adopt a going concern basis of accounting in preparing these financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Beyond Funding (Topco) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
The director does not believe there are any critical accounting estimates and judgements which would materially affect the financial statements of the company.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost.

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 statement of financial position date.


BEYOND FUNDING (TOPCO) LTD (REGISTERED NUMBER: 10392754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 1
NET BOOK VALUE
At 30 November 2023 1
At 30 November 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 472,925 472,618
Other debtors - 367
472,925 472,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 81,980 81,980
Amounts owed to participating interests 150 -
Other creditors 397,900 398,400
480,030 480,380

BEYOND FUNDING (TOPCO) LTD (REGISTERED NUMBER: 10392754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Director's loan account 397,900 397,900

The director's loan account is secured by a cross company guarantee over all of the assets of the company.