2 false false false false false false false false false false true false false false false false false 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 8,093 6,096 300 6,396 1,697 1,997 xbrli:pure xbrli:shares iso4217:GBP 08033140 2023-04-01 2024-03-31 08033140 2024-03-31 08033140 2023-03-31 08033140 2022-04-01 2023-03-31 08033140 2023-03-31 08033140 2022-03-31 08033140 bus:Director2 2023-04-01 2024-03-31 08033140 core:WithinOneYear 2024-03-31 08033140 core:WithinOneYear 2023-03-31 08033140 core:ShareCapital 2024-03-31 08033140 core:ShareCapital 2023-03-31 08033140 core:RetainedEarningsAccumulatedLosses 2024-03-31 08033140 core:RetainedEarningsAccumulatedLosses 2023-03-31 08033140 bus:SmallEntities 2023-04-01 2024-03-31 08033140 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08033140 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08033140 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08033140 bus:FullAccounts 2023-04-01 2024-03-31 08033140 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 08033140 core:FurnitureFittingsToolsEquipment 2024-03-31 08033140 core:FurnitureFittingsToolsEquipment 2023-03-31
COMPANY REGISTRATION NUMBER: 08033140
Bedahm Limited
Filleted Unaudited Financial Statements
31 March 2024
Bedahm Limited
Financial Statements
Year ended 31 March 2024
Contents
Pages
Statement of financial position
1
Notes to the financial statements
2 to 4
Bedahm Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
1,697
1,997
Current assets
Debtors
6
76,134
76,134
Creditors: amounts falling due within one year
7
88,762
88,207
--------
--------
Net current liabilities
12,628
12,073
--------
--------
Total assets less current liabilities
( 10,931)
( 10,076)
--------
--------
Net liabilities
( 10,931)
( 10,076)
--------
--------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 10,933)
( 10,078)
--------
--------
Shareholders deficit
( 10,931)
( 10,076)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 July 2024 , and are signed on behalf of the board by:
Mrs B D Maguire
Director
Company registration number: 08033140
Bedahm Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
Bedahm Limited is a private company limited by shares, registered in the United Kingdom number 08033140 . Its registered office is 62 Chorley New Road, Bolton, , , BL1 4BY. The principal activity of the company during the year was that of management consultancy .
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances .
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
15% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units .
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2023 and 31 March 2024
8,093
8,093
-------
-------
Depreciation
At 1 April 2023
6,096
6,096
Charge for the year
300
300
-------
-------
At 31 March 2024
6,396
6,396
-------
-------
Carrying amount
At 31 March 2024
1,697
1,697
-------
-------
At 31 March 2023
1,997
1,997
-------
-------
6. Debtors
2024
2023
£
£
Other debtors
76,134
76,134
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
88,762
88,207
--------
--------
8. Related party transactions
The company was under the control of Mr AH Maguire and Mrs BD Maquire throughout the current and previous year. Mr AH Maguire and Mrs BD Maguire are the managing directors and sole shareholders. The company was owed money by Bedahm Properties Ltd, a company under common control.The balance outstanding at the year end was £76,134 (2023:£76,134).