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REGISTERED NUMBER: 06419335 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Beecycle Limited

Beecycle Limited (Registered number: 06419335)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Beecycle Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: K W J Cheung





REGISTERED OFFICE: 22c Jordan Street
Liverpool
Merseyside
L1 0BP





REGISTERED NUMBER: 06419335 (England and Wales)





ACCOUNTANTS: Corbett & Co Accountants Ltd
Chartered Certified Accountants
555 Smithdown Road
Liverpool
Merseyside
L15 5AF

Beecycle Limited (Registered number: 06419335)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 36,680 44,012

CURRENT ASSETS
Inventories 8,500 6,950
Debtors 5 368 290
Cash at bank 12,152 41,099
21,020 48,339
CREDITORS
Amounts falling due within one year 6 9,837 33,706
NET CURRENT ASSETS 11,183 14,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,863

58,645

CREDITORS
Amounts falling due after more than one
year

7

28,100

34,500
NET ASSETS 19,763 24,145

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 19,753 24,135
SHAREHOLDERS' FUNDS 19,763 24,145

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 22 August 2024 and were signed by:





K W J Cheung - Director


Beecycle Limited (Registered number: 06419335)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Beecycle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 6 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2022 101,623
Additions 1,716
At 30 November 2023 103,339
DEPRECIATION
At 1 December 2022 57,611
Charge for year 9,048
At 30 November 2023 66,659
NET BOOK VALUE
At 30 November 2023 36,680
At 30 November 2022 44,012

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 368 290

Beecycle Limited (Registered number: 06419335)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 6,497 12,329
Taxation and social security 2,785 20,316
Other creditors 555 1,061
9,837 33,706

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 28,100 34,500

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K W J Cheung.