2023-01-01 05617146 2023-12-31 05617146 2023-01-01 2023-12-31 05617146 2022-12-31 05617146 2022-01-01 2022-12-31 05617146 uk-core:WithinOneYear 2022-12-31 05617146 uk-core:WithinOneYear 2023-12-31 05617146 uk-core:AfterOneYear 2022-12-31 05617146 uk-core:AfterOneYear 2023-12-31 05617146 uk-core:ShareCapital 2023-12-31 05617146 uk-core:ShareCapital 2022-12-31 05617146 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05617146 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 05617146 uk-bus:Director1 2023-01-01 2023-12-31 05617146 uk-core:LeaseholdImprovements 2023-01-01 2023-12-31 05617146 uk-core:ToolsEquipment 2023-01-01 2023-12-31 05617146 uk-core:FurnitureFittings 2023-01-01 2023-12-31 05617146 uk-core:ToolsEquipment 2022-12-31 05617146 uk-core:FurnitureFittings 2022-12-31 05617146 uk-core:LeaseholdImprovements 2022-12-31 05617146 uk-core:LeaseholdImprovements 2023-12-31 05617146 uk-core:FurnitureFittings 2023-12-31 05617146 uk-core:ToolsEquipment 2023-12-31 05617146 uk-core:WithinOneYear 2023-12-31 05617146 uk-core:WithinOneYear 2022-12-31 05617146 uk-core:AfterOneYear uk-core:Secured 2023-12-31 05617146 uk-core:AfterOneYear uk-core:Secured 2022-12-31 iso4217:GBP xbrli:pure 05617146 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 05617146 uk-bus:FRS102 2023-01-01 2023-12-31 05617146 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 05617146 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Beyond Merchandise Ltd
Registered Number:05617146
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Beyond Merchandise Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05617146
As at 31 December 2023
Beyond Merchandise Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
4,177
5,474
2
4,177
5,474
Current assets
Inventories
4,750
8,337
3
Trade and other receivables
410
690
4
74,143
Cash and cash equivalents
38,990
48,017
79,303
Trade and other payables: amounts falling due within one year
(43,806)
(25,568)
5
35,497
22,449
Net current assets
Total assets less current liabilities
26,626
40,971
Trade and other payables: amounts falling due after more than one
year
(60,202)
(38,842)
6
(12,216)
Net liabilities
(19,231)
Capital and reserves
Called up share capital
2
2
Retained earnings
(12,218)
(19,233)
(12,216)
(19,231)
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Dominic Crux Director
These financial statements were approved and authorised for issue by the Board on 14 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Beyond Merchandise Ltd
Notes to the Financial Statements
Statutory Information
Beyond Merchandise Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
05617146.
Registered address:
185 Goldstone Crescent
Hove, Brighton
East Sussex
BN3 6BD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention.
The financial statements have also been prepared on a going concern basis. The company's ongoing activities are dependent
upon the continued support of the bank and director who have undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their
recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long
term liabilities as current liabilities.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Short leasehold premises
over the unexpired term on Straight line
33.33% Reducing balance
Computer equipment & web-site
20% Reducing balance
Fixtures, fittings & equip
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
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.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
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5
For the year ended 31 December 2023
Beyond Merchandise Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment &
web-site
Fixtures, fittings
& equip
Short leasehold
premises
£
£
£
£
Cost or valuation
At 01 January 2023
55,498
43,712
10,119
1,667
At 31 December 2023
1,667
10,119
43,712
55,498
Provision for depreciation and impairment
At 01 January 2023
50,024
41,030
8,938
56
Charge for year
1,297
894
236
167
At 31 December 2023
51,321
41,924
9,174
223
At 31 December 2023
Net book value
1,444
945
1,788
4,177
At 31 December 2022
1,611
1,181
2,682
5,474
3. Inventories
2022
2023
£
£
Stocks
8,337
4,750
4. Trade and other receivables
2022
2023
£
£
Trade debtors
360
80
Other debtors
330
330
410
690
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
13,978
14,901
Trade creditors
3,579
18,204
Taxation and social security
2,511
5,201
Other creditors
5,500
5,500
25,568
43,806
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6
For the year ended 31 December 2023
Beyond Merchandise Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
38,842
60,202
7. Related party transactions
Mr Dominic Crux is a director of Trademark Products Limited and has a material shareholding in this company.
During the year, rent and service charges of £Nil (2022 : £1,000) was payable to Trademark Products Limited.
The company is controlled by the director Mr Dominic Crux by virtue of his 100% shareholding in the company.
8. Average number of persons employed
During the year the average number of employees was 1 (2022 : 2)
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