Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01falseNo description of principal activity110falsefalse 13224247 2023-11-01 2023-12-31 13224247 2022-11-01 2023-10-31 13224247 2023-12-31 13224247 2023-10-31 13224247 c:Director1 2023-11-01 2023-12-31 13224247 d:Buildings 2023-11-01 2023-12-31 13224247 d:Buildings 2023-12-31 13224247 d:Buildings 2023-10-31 13224247 d:Buildings d:OwnedOrFreeholdAssets 2023-11-01 2023-12-31 13224247 d:Buildings d:LongLeaseholdAssets 2023-11-01 2023-12-31 13224247 d:Buildings d:LongLeaseholdAssets 2023-12-31 13224247 d:Buildings d:LongLeaseholdAssets 2023-10-31 13224247 d:PlantMachinery 2023-11-01 2023-12-31 13224247 d:PlantMachinery 2023-12-31 13224247 d:PlantMachinery 2023-10-31 13224247 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2023-12-31 13224247 d:ComputerEquipment 2023-11-01 2023-12-31 13224247 d:ComputerEquipment 2023-12-31 13224247 d:ComputerEquipment 2023-10-31 13224247 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2023-12-31 13224247 d:OtherPropertyPlantEquipment 2023-11-01 2023-12-31 13224247 d:OtherPropertyPlantEquipment 2023-12-31 13224247 d:OtherPropertyPlantEquipment 2023-10-31 13224247 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-11-01 2023-12-31 13224247 d:OwnedOrFreeholdAssets 2023-11-01 2023-12-31 13224247 d:CurrentFinancialInstruments 2023-12-31 13224247 d:CurrentFinancialInstruments 2023-10-31 13224247 d:Non-currentFinancialInstruments 2023-12-31 13224247 d:Non-currentFinancialInstruments 2023-10-31 13224247 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13224247 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 13224247 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 13224247 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 13224247 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 13224247 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 13224247 d:ShareCapital 2023-12-31 13224247 d:ShareCapital 2023-10-31 13224247 d:RetainedEarningsAccumulatedLosses 2023-12-31 13224247 d:RetainedEarningsAccumulatedLosses 2023-10-31 13224247 c:FRS102 2023-11-01 2023-12-31 13224247 c:AuditExemptWithAccountantsReport 2023-11-01 2023-12-31 13224247 c:FullAccounts 2023-11-01 2023-12-31 13224247 c:PrivateLimitedCompanyLtd 2023-11-01 2023-12-31 13224247 2 2023-11-01 2023-12-31 13224247 e:PoundSterling 2023-11-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13224247









BEBOZ GRACECHURCH LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
BEBOZ GRACECHURCH LTD
 
 
  
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BEBOZ GRACECHURCH LTD
FOR THE PERIOD ENDED 31 DECEMBER 2023

You consider that the Company is exempt from an audit for the period ended 31 December 2023. You have acknowledged, on the Balance sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial period.

In accordance with your instructions, we have prepared the financial statements on pages 10 from the accounting records of the Company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.

  



Paperchase Business Services Ltd
 
The Courtyard
14A Sydenham Road
Croydon
London
CR0 2EE
11 September 2024
Page 1

 
BEBOZ GRACECHURCH LTD
REGISTERED NUMBER: 13224247

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
31 October
2023
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
189,875
91,605

  
189,875
91,605

Current assets
  

Stocks
  
-
23,347

Debtors: amounts falling due after more than one year
 5 
21,748
-

Debtors: amounts falling due within one year
 5 
40,867
33,536

Cash at bank and in hand
 6 
21,280
12,015

  
83,895
68,898

Creditors: amounts falling due within one year
 7 
(381,133)
(200,142)

Net current liabilities
  
 
 
(297,238)
 
 
(131,244)

Total assets less current liabilities
  
(107,363)
(39,639)

Creditors: amounts falling due after more than one year
  
-
(28,735)

  

Net liabilities
  
(107,363)
(68,374)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(107,364)
(68,375)

  
(107,363)
(68,374)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 2

 
BEBOZ GRACECHURCH LTD
REGISTERED NUMBER: 13224247
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Hannae Nelly
Director

Date: 11 September 2024

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Beboz Gracechurch Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office are as below:
Company Number : 13224247
Registered Address : 6 Gracechurch Street, London, England, EC3V 0AT

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
10%
RBM
Long-term leasehold property
-
10%
RBM
Plant and machinery
-
25%
RBM
Computer equipment
-
25%
RBM
Other fixed assets
-
25%
RBM

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

3.


Employees

2023
2023
£
£

Wages and salaries
40,081
158,731

Cost of defined contribution scheme
514
1,955

40,595
160,686


The average monthly number of employees, including directors, during the period was 11 (2023 - 0).


4.


Tangible fixed assets







Freehold property
Long-term leasehold property
Plant and machinery
Computer equipment
Other fixed assets
Total

£
£
£
£
£
£



Cost or valuation


At 1 November 2023
8,864
-
108,146
2,176
-
119,186


Additions
8,089
79,095
7,187
5,144
3,800
103,315



At 31 December 2023

16,953
79,095
115,333
7,320
3,800
222,501



Depreciation


At 1 November 2023
-
-
27,037
544
-
27,581


Charge for the period on owned assets
283
1,318
3,433
(20)
31
5,045



At 31 December 2023

283
1,318
30,470
524
31
32,626



Net book value



At 31 December 2023
16,670
77,777
84,863
6,796
3,769
189,875



At 31 October 2023
8,864
-
81,109
1,632
-
91,605


5.


Debtors

31 December
31 October
2023
2023
£
£
Page 7

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.Debtors (continued)


Due after more than one year

Other debtors
21,748
-

21,748
-


31 December
31 October
2023
2023
£
£

Due within one year

Trade debtors
4,115
-

Other debtors
11,488
33,536

Prepayments and accrued income
25,264
-

40,867
33,536



6.


Cash and cash equivalents

31 December
31 October
2023
2023
£
£

Cash at bank and in hand
21,280
12,015

21,280
12,015


Page 8

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

31 December
31 October
2023
2023
£
£

Bank loans
-
43,492

Other loans
90,000
-

Trade creditors
15,220
45,153

Amounts owed to group undertakings
267,936
-

Other taxation and social security
3,290
-

Other creditors
3,543
111,497

Accruals and deferred income
1,144
-

381,133
200,142



8.


Creditors: Amounts falling due after more than one year

31 December
31 October
2023
2023
£
£

Bank loans
-
28,735

-
28,735


Page 9

 
BEBOZ GRACECHURCH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

9.


Loans


Analysis of the maturity of loans is given below:


31 December
31 October
2023
2023
£
£

Amounts falling due within one year

Bank loans
-
43,492

Other loans
90,000
-


90,000
43,492

Amounts falling due 1-2 years

Bank loans
-
28,735


-
28,735



90,000
72,227


 
Page 10