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Company Registration No. 11177382 (England and Wales)
BEETROOT LABS LIMITED Unaudited accounts for the year ended 31 January 2024
BEETROOT LABS LIMITED Unaudited accounts Contents
Page
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BEETROOT LABS LIMITED Company Information for the year ended 31 January 2024
Directors
ZACHARIADIS, Markos LIGNOU, Stella
Company Number
11177382 (England and Wales)
Registered Office
14 Jesse Terrace Reading RG1 7RT
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BEETROOT LABS LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,550 
6,067 
Investments
20,454 
15,251 
25,004 
21,318 
Current assets
Debtors
27,427 
51,404 
Cash at bank and in hand
101,633 
100,224 
129,060 
151,628 
Creditors: amounts falling due within one year
(14,733)
(27,782)
Net current assets
114,327 
123,846 
Net assets
139,331 
145,164 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
139,330 
145,163 
Shareholders' funds
139,331 
145,164 
For the year ending 31 January 2024 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 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 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 of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by
ZACHARIADIS, Markos Director Company Registration No. 11177382
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BEETROOT LABS LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
BEETROOT LABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11177382. The registered office is 14 Jesse Terrace, Reading, RG1 7RT.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
5yrs
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
7,584 
At 31 January 2024
7,584 
Depreciation
At 1 February 2023
1,517 
Charge for the year
1,517 
At 31 January 2024
3,034 
Net book value
At 31 January 2024
4,550 
At 31 January 2023
6,067 
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BEETROOT LABS LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
15,251 
Additions
5,203 
Valuation at 31 January 2024
20,454 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
947 
126 
Trade debtors
26,480 
51,278 
27,427 
51,404 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
257 
7,355 
Other creditors
14,136 
20,094 
Accruals
340 
333 
14,733 
27,782 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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