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REGISTERED NUMBER: 12326176 (England and Wales)










Bee Happy Homes Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2023






Bee Happy Homes Ltd (Registered number: 12326176)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bee Happy Homes Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Pallavi Prasad
Mr Kiran Krishnamurthy Rao





REGISTERED OFFICE: Shacter Cohen & Bor
31 Sackville Street
Manchester
England
M1 3LZ





REGISTERED NUMBER: 12326176 (England and Wales)






Bee Happy Homes Ltd (Registered number: 12326176)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 79,699 79,844

CURRENT ASSETS
Cash at bank and in hand 6,333 1,308

CREDITORS
Amounts falling due within one year 6 (32,488 ) (29,779 )
NET CURRENT LIABILITIES (26,155 ) (28,471 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,544

51,373

CREDITORS
Amounts falling due after more than one year 7 (57,322 ) (56,250 )
NET LIABILITIES (3,778 ) (4,877 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (3,780 ) (4,879 )
SHAREHOLDERS' FUNDS (3,778 ) (4,877 )

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 directors acknowledge their 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.

Bee Happy Homes Ltd (Registered number: 12326176)

Balance Sheet - continued
30 November 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Pallavi Prasad - Director


Bee Happy Homes Ltd (Registered number: 12326176)

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

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in U K.

The address of its registered office is:
Shacter Cohen & Bor
31 Sackville Street
Manchester
M1 3LZ
England

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

GOING CONCERN
The company's liabilities exceeded its assets as at the year end. These financial statements have been prepared on a going concern basis on the basis that the company will continue to be supported by its creditors.

TANGIBLE ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class Depreciation method and rate
Furniture & Fixtures 20% Straight Line Method
Office Equipment 20% Straight Line Method

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Bee Happy Homes Ltd (Registered number: 12326176)

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

3. ACCOUNTING POLICIES - continued

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

BORROWINGS
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Furniture,
fittings
Land and and
buildings equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 79,267 721 79,988
DEPRECIATION
At 1 December 2022 - 144 144
Charge for year - 145 145
At 30 November 2023 - 289 289
NET BOOK VALUE
At 30 November 2023 79,267 432 79,699
At 30 November 2022 79,267 577 79,844

Bee Happy Homes Ltd (Registered number: 12326176)

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

5. TANGIBLE FIXED ASSETS - continued

Included within the net book value of land and buildings above is £79,267 (2022 - £79,267) in respect of freehold land and buildings.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 32,488 29,779

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 57,322 56,250

Creditors include bank loans and overdrafts which are secured of £57,322 (2022 - £56,250).

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary share 1 2 2