BEE POSITIVE LTD

Company Registration Number:
08463959 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

BEE POSITIVE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BEE POSITIVE LTD

Company Information

for the Period Ended 31 March 2024




Director: Milcho Krastev
Pavlina Andreevska
Registered office: 42
Elm Gardens
Mitcham
Surrey
England
CR4 1LY
Company Registration Number: 08463959 (England and Wales)

BEE POSITIVE LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Milcho Krastev
Pavlina Andreevska

This report was approved by the board of directors on 3 October 2024
And Signed On Behalf Of The Board By:

Name: Milcho Krastev
Status: Director

Name: Pavlina Andreevska
Status: Director

BEE POSITIVE LTD

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 75,946 40,998
Cost of sales ( 33,239 ) ( 22,082 )
Gross Profit or (Loss) 42,707 18,916
Distribution Costs ( 2,815 ) ( 1,191 )
Administrative Expenses ( 3,811 ) ( 1,258 )
Operating Profit or (Loss) 36,081 16,467
Interest Receivable and Similar Income - 6
Interest Payable and Similar Charges ( 406 ) ( 384 )
Profit or (Loss) Before Tax 35,675 16,089
Tax on Profit ( 6,778 ) ( 3,057 )
Profit or (Loss) for Period 28,897 13,032

The notes form part of these financial statements

BEE POSITIVE LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 39 47
Total fixed assets: 39 47
Current assets
Debtors: 5 14,459 5,519
Cash at bank and in hand: 12,376 13,882
Total current assets: 26,835 19,401
Creditors: amounts falling due within one year: 6 ( 6,779 ) ( 5,726 )
Net current assets (liabilities): 20,056 13,675
Total assets less current liabilities: 20,095 13,722
Creditors: amounts falling due after more than one year: 7 ( 9,646 ) ( 13,333 )
Total net assets (liabilities): 10,449 389

The notes form part of these financial statements

BEE POSITIVE LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,349 289
Shareholders funds: 10,449 389

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.

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

This report was approved by the board of directors on 3 October 2024
And Signed On Behalf Of The Board By:

Name: Milcho Krastev
Status: Director

Name: Pavlina Andreevska
Status: Director

The notes form part of these financial statements

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    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 is reduced for estimated customer returns, rebates and other similar allowances.
    Sale of goods
    Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
    Rendering of services
    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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
    Plant & Machinery 18%

    Other accounting policies

    Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

BEE POSITIVE LTD

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

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2023 230 230
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 230 230
Depreciation
At 01 April 2023 183 183
Charge for year 8 8
On disposals - -
Other adjustments - -
At 31 March 2024 191 191
Net book value
At 31 March 2024 39 39
At 31 March 2023 47 47

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Other debtors 14,459 5,519
Total 14,459 5,519

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1 1,925
Taxation and social security 6,778 3,057
Other creditors 744
Total 6,779 5,726

BEE POSITIVE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 9,646 13,333
Total 9,646 13,333