Company Registration No. 06809887 (England and Wales)
Beanwave Ltd
Unaudited accounts
for the year ended 29 February 2024
Beanwave Ltd
Unaudited accounts
Contents
Beanwave Ltd
Company Information
for the year ended 29 February 2024
Company Number
06809887 (England and Wales)
Registered Office
THE OLD SHACKS BARN 28 LITTLE LONDON
SILVERSTONE
TOWCESTER
NORTHAMPTONSHIRE
NN12 8UP
ENGLAND
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Beanwave Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
8,504
438
Creditors: amounts falling due within one year
(6,113)
(2,993)
Net current assets
7,312
1,013
Called up share capital
200
200
Profit and loss account
7,193
813
Shareholders' funds
7,393
1,013
For the year ending 29 February 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 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 22 October 2024 and were signed on its behalf by
James Bristow
Director
Company Registration No. 06809887
Beanwave Ltd
Notes to the Accounts
for the year ended 29 February 2024
Beanwave Ltd is a private company, limited by shares, registered in England and Wales, registration number 06809887. The registered office is THE OLD SHACKS BARN 28 LITTLE LONDON, SILVERSTONE, TOWCESTER, NORTHAMPTONSHIRE, NN12 8UP, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,318
1,837
3,155
At 29 February 2024
1,426
1,837
3,263
At 1 March 2023
1,318
1,837
3,155
Charge for the year
27
-
27
At 29 February 2024
1,345
1,837
3,182
At 29 February 2024
81
-
81
Amounts falling due within one year
Beanwave Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,533
241
Loans from directors
553
758
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).