2023-01-012023-12-312023-12-31true05215051BICEP LIMITED2024-09-13iso4217:GBPxbrli:pure052150512023-01-01052150512023-12-31052150512023-01-012023-12-31052150512022-01-01052150512022-12-31052150512022-01-012022-12-3105215051bus:SmallEntities2023-01-012023-12-3105215051bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3105215051bus:FullAccounts2023-01-012023-12-3105215051bus:PrivateLimitedCompanyLtd2023-01-012023-12-3105215051core:WithinOneYear2023-12-3105215051core:AfterOneYear2023-12-3105215051core:WithinOneYear2022-12-3105215051core:AfterOneYear2022-12-3105215051core:ShareCapital2023-12-3105215051core:SharePremium2023-12-3105215051core:RevaluationReserve2023-12-3105215051core:OtherReservesSubtotal2023-12-3105215051core:RetainedEarningsAccumulatedLosses2023-12-3105215051core:ShareCapital2022-12-3105215051core:SharePremium2022-12-3105215051core:RevaluationReserve2022-12-3105215051core:OtherReservesSubtotal2022-12-3105215051core:RetainedEarningsAccumulatedLosses2022-12-3105215051core:LandBuildings2023-12-3105215051core:PlantMachinery2023-12-3105215051core:Vehicles2023-12-3105215051core:FurnitureFittings2023-12-3105215051core:OfficeEquipment2023-12-3105215051core:NetGoodwill2023-12-3105215051core:IntangibleAssetsOtherThanGoodwill2023-12-3105215051core:ListedExchangeTraded2023-12-3105215051core:UnlistedNon-exchangeTraded2023-12-3105215051core:LandBuildings2022-12-3105215051core:PlantMachinery2022-12-3105215051core:Vehicles2022-12-3105215051core:FurnitureFittings2022-12-3105215051core:OfficeEquipment2022-12-3105215051core:NetGoodwill2022-12-3105215051core:IntangibleAssetsOtherThanGoodwill2022-12-3105215051core:ListedExchangeTraded2022-12-3105215051core:UnlistedNon-exchangeTraded2022-12-3105215051core:LandBuildings2023-01-012023-12-3105215051core:PlantMachinery2023-01-012023-12-3105215051core:Vehicles2023-01-012023-12-3105215051core:FurnitureFittings2023-01-012023-12-3105215051core:OfficeEquipment2023-01-012023-12-3105215051core:NetGoodwill2023-01-012023-12-3105215051core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105215051core:ListedExchangeTraded2023-01-012023-12-3105215051core:UnlistedNon-exchangeTraded2023-01-012023-12-3105215051core:MoreThanFiveYears2023-01-012023-12-3105215051core:Non-currentFinancialInstruments2023-12-3105215051core:Non-currentFinancialInstruments2022-12-3105215051dpl:CostSales2023-01-012023-12-3105215051dpl:DistributionCosts2023-01-012023-12-3105215051core:LandBuildings2023-01-012023-12-3105215051core:PlantMachinery2023-01-012023-12-3105215051core:Vehicles2023-01-012023-12-3105215051core:FurnitureFittings2023-01-012023-12-3105215051core:OfficeEquipment2023-01-012023-12-3105215051dpl:AdministrativeExpenses2023-01-012023-12-3105215051core:NetGoodwill2023-01-012023-12-3105215051core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105215051dpl:GroupUndertakings2023-01-012023-12-3105215051dpl:ParticipatingInterests2023-01-012023-12-3105215051dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3105215051core:ListedExchangeTraded2023-01-012023-12-3105215051dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3105215051core:UnlistedNon-exchangeTraded2023-01-012023-12-3105215051dpl:CostSales2022-01-012022-12-3105215051dpl:DistributionCosts2022-01-012022-12-3105215051core:LandBuildings2022-01-012022-12-3105215051core:PlantMachinery2022-01-012022-12-3105215051core:Vehicles2022-01-012022-12-3105215051core:FurnitureFittings2022-01-012022-12-3105215051core:OfficeEquipment2022-01-012022-12-3105215051dpl:AdministrativeExpenses2022-01-012022-12-3105215051core:NetGoodwill2022-01-012022-12-3105215051core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3105215051dpl:GroupUndertakings2022-01-012022-12-3105215051dpl:ParticipatingInterests2022-01-012022-12-3105215051dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3105215051core:ListedExchangeTraded2022-01-012022-12-3105215051dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3105215051core:UnlistedNon-exchangeTraded2022-01-012022-12-3105215051core:NetGoodwill2023-12-3105215051core:IntangibleAssetsOtherThanGoodwill2023-12-3105215051core:LandBuildings2023-12-3105215051core:PlantMachinery2023-12-3105215051core:Vehicles2023-12-3105215051core:FurnitureFittings2023-12-3105215051core:OfficeEquipment2023-12-3105215051core:AfterOneYear2023-12-3105215051core:WithinOneYear2023-12-3105215051core:ListedExchangeTraded2023-12-3105215051core:UnlistedNon-exchangeTraded2023-12-3105215051core:ShareCapital2023-12-3105215051core:SharePremium2023-12-3105215051core:RevaluationReserve2023-12-3105215051core:OtherReservesSubtotal2023-12-3105215051core:RetainedEarningsAccumulatedLosses2023-12-3105215051core:NetGoodwill2022-12-3105215051core:IntangibleAssetsOtherThanGoodwill2022-12-3105215051core:LandBuildings2022-12-3105215051core:PlantMachinery2022-12-3105215051core:Vehicles2022-12-3105215051core:FurnitureFittings2022-12-3105215051core:OfficeEquipment2022-12-3105215051core:AfterOneYear2022-12-3105215051core:WithinOneYear2022-12-3105215051core:ListedExchangeTraded2022-12-3105215051core:UnlistedNon-exchangeTraded2022-12-3105215051core:ShareCapital2022-12-3105215051core:SharePremium2022-12-3105215051core:RevaluationReserve2022-12-3105215051core:OtherReservesSubtotal2022-12-3105215051core:RetainedEarningsAccumulatedLosses2022-12-3105215051core:NetGoodwill2022-01-0105215051core:IntangibleAssetsOtherThanGoodwill2022-01-0105215051core:LandBuildings2022-01-0105215051core:PlantMachinery2022-01-0105215051core:Vehicles2022-01-0105215051core:FurnitureFittings2022-01-0105215051core:OfficeEquipment2022-01-0105215051core:AfterOneYear2022-01-0105215051core:WithinOneYear2022-01-0105215051core:ListedExchangeTraded2022-01-0105215051core:UnlistedNon-exchangeTraded2022-01-0105215051core:ShareCapital2022-01-0105215051core:SharePremium2022-01-0105215051core:RevaluationReserve2022-01-0105215051core:OtherReservesSubtotal2022-01-0105215051core:RetainedEarningsAccumulatedLosses2022-01-0105215051core:AfterOneYear2023-01-012023-12-3105215051core:WithinOneYear2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3105215051core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3105215051core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3105215051core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3105215051core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3105215051core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3105215051bus:EntityNoLongerTradingButTradedInPast2023-01-012023-12-3105215051bus:Director12023-01-012023-12-31

BICEP LIMITED

Registered Number
05215051
(England and Wales)

Unaudited Dormant Financial Statements for the Year ended
31 December 2023

BICEP LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

Mr W Cracroft-Eley

Company Secretary

Mr R J Eke

Registered Address

Estate Office Hackthorn Hall
Hackthorn
Lincoln
LN2 3PQ

Place of Business

Unit 4

Riverside Enterprise Park

Saxilby

Lincoln

LN1 5AB


Registered Number

05215051 (England and Wales)
BICEP LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Current assets
Cash at bank and on hand1010
1010
Creditors amounts falling due within one year3(838)(838)
Net current assets (liabilities)(828)(828)
Total assets less current liabilities(828)(828)
Net assets(828)(828)
Capital and reserves
Called up share capital11
Profit and loss account(829)(829)
Shareholders' funds(828)(828)
The financial statements were approved and authorised for issue by the Director on 13 September 2024, and are signed on its behalf by:
Mr W Cracroft-Eley
Director
Registered Company No. 05215051
BICEP LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
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).
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.
Investments
Business combinations Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably. Investments Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
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.
Trade and other 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.
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.
2.Average number of employees

20232022
Average number of employees during the year11
3.Creditors: amounts due within one year

2023

2022

££
Amounts owed to related parties838838
Total838838
4.Parent-subsidiary relationships
The company's immediate parent is Terravesta Assured Energy Crops Limited, incorporated in England. The ultimate parent is Terravesta Holdings Limited, incorporated in England.