BETA6 TECHNOLOGIES LIMITED

Company Registration Number:
09491862 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

BETA6 TECHNOLOGIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

BETA6 TECHNOLOGIES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Current assets
Debtors: 3 44,674 26,809
Cash at bank and in hand: 1,017,682 1,018,241
Total current assets: 1,062,356 1,045,050
Creditors: amounts falling due within one year:   (105,497) (85,851)
Net current assets (liabilities): 956,859 959,199
Total assets less current liabilities: 956,859 959,199
Creditors: amounts falling due after more than one year:   (13,276) (23,205)
Total net assets (liabilities): 943,583 935,994
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 943,483 935,894
Shareholders funds: 943,583 935,994

The notes form part of these financial statements

BETA6 TECHNOLOGIES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 May 2024
and signed on behalf of the board by:

Name: Rohit Sharma
Status: Director

The notes form part of these financial statements

BETA6 TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Other accounting policies

Foreign currency translation: Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. Pensions: Contributions to defined contribution plans are expensed in the period to which they relate.

BETA6 TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

BETA6 TECHNOLOGIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
££
Debtors due after more than one year: 0 0