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REGISTERED NUMBER: 05023730 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Be Lifted Limited

Be Lifted Limited (Registered number: 05023730)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Be Lifted Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: B J Kay
Mrs V A Kay





SECRETARY: Mrs V A Kay





REGISTERED OFFICE: c/o Charnwood Accountants
The Point, Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ





REGISTERED NUMBER: 05023730 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Be Lifted Limited (Registered number: 05023730)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,803 15,294

CURRENT ASSETS
Debtors 5 126,095 65,360
Cash at bank 34,375 69,657
160,470 135,017
CREDITORS
Amounts falling due within one year 6 73,585 64,857
NET CURRENT ASSETS 86,885 70,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,688

85,454

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 102,678 85,444
SHAREHOLDERS' FUNDS 102,688 85,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Be Lifted Limited (Registered number: 05023730)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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:





B J Kay - Director


Be Lifted Limited (Registered number: 05023730)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Be Lifted Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Be Lifted Limited (Registered number: 05023730)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Office Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 13,272 31,000 8,917 53,189
Additions 2,230 - 1,856 4,086
At 31 January 2024 15,502 31,000 10,773 57,275
DEPRECIATION
At 1 February 2023 6,612 25,483 5,800 37,895
Charge for year 1,363 1,379 835 3,577
At 31 January 2024 7,975 26,862 6,635 41,472
NET BOOK VALUE
At 31 January 2024 7,527 4,138 4,138 15,803
At 31 January 2023 6,660 5,517 3,117 15,294

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 45,162 47,229
Other debtors 80,933 18,131
126,095 65,360

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1,306 5,143
Taxation and social security 64,628 47,650
Other creditors 7,651 12,064
73,585 64,857

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
5 Ordinary A £1 5 5
5 Ordinary B £1 5 5
10 10

Be Lifted Limited (Registered number: 05023730)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
B J Kay and Mrs V A Kay
Balance outstanding at start of year - -
Amounts advanced 80,933 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 80,933 -

Interest is charged on overdrawn balances at the HMRC approved rate.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr and Mrs Kay by virtue their 100% shareholding.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Be Lifted Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Be Lifted Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Be Lifted Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Be Lifted Limited and state those matters that we have agreed to state to the Board of Directors of Be Lifted Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Be Lifted Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Be Lifted Limited. You consider that Be Lifted Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Be Lifted Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


30 September 2024