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Company Registration No. 10568133 (England and Wales)
Besey (London) Limited Unaudited accounts for the year ended 31 December 2023
Besey (London) Limited Unaudited accounts Contents
Page
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Besey (London) Limited Company Information for the year ended 31 December 2023
Director
Irfan Sumbul
Company Number
10568133 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
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Besey (London) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,637 
2,482 
Current assets
Inventories
- 
705 
Cash at bank and in hand
4,200 
881 
4,200 
1,586 
Creditors: amounts falling due within one year
(18,942)
(9,959)
Net current liabilities
(14,742)
(8,373)
Total assets less current liabilities
(13,105)
(5,891)
Creditors: amounts falling due after more than one year
(48,583)
(50,675)
Net liabilities
(61,688)
(56,566)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(61,788)
(56,666)
Shareholders' funds
(61,688)
(56,566)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 September 2024 and were signed on its behalf by
Irfan Sumbul Director Company Registration No. 10568133
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Besey (London) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Besey (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 10568133. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
4,447 
3,311 
7,758 
At 31 December 2023
4,447 
3,311 
7,758 
Depreciation
At 1 January 2023
4,156 
1,120 
5,276 
Charge for the year
288 
557 
845 
At 31 December 2023
4,444 
1,677 
6,121 
Net book value
At 31 December 2023
3 
1,634 
1,637 
At 31 December 2022
291 
2,191 
2,482 
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Besey (London) Limited Notes to the Accounts for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,827 
- 
VAT
2,977 
5,188 
Taxes and social security
524 
2,912 
Other creditors
600 
800 
Loans from directors
13,014 
459 
Accruals
- 
600 
18,942 
9,959 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
42,083 
46,675 
Other creditors
6,500 
4,000 
48,583 
50,675 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
The company was under the control of Mr. I.Sumbul throughout the current year. Mr. I.Sumbul is personally interested in 100% of the company's share capital. Mr. I.Sumbul did not receive a dividend from the company during the year ( 2021: £2,000).
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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