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Company Registration No. 11809818 (England and Wales)
BEINGWORKS LTD Unaudited accounts for the year ended 29 February 2024
BEINGWORKS LTD Unaudited accounts Contents
Page
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BEINGWORKS LTD Company Information for the year ended 29 February 2024
Director
Elaine Carnegie
Company Number
11809818 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
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BEINGWORKS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
424 
713 
Current assets
Debtors
7,583 
8,923 
Cash at bank and in hand
219 
4,631 
7,802 
13,554 
Creditors: amounts falling due within one year
(3,554)
(7,405)
Net current assets
4,248 
6,149 
Total assets less current liabilities
4,672 
6,862 
Creditors: amounts falling due after more than one year
(3,727)
(6,697)
Net assets
945 
165 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
944 
164 
Shareholders' funds
945 
165 
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 4 November 2024 and were signed on its behalf by
Elaine Carnegie Director Company Registration No. 11809818
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BEINGWORKS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
BEINGWORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 11809818. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
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.
Presentation currency
The accounts are presented in £ sterling.
Financial instruments
During the year the company advanced a loan to the director of £4,500. The loan is interest free, unsecured and has no fixed date for repayment and was repaid 4th November 2024. This is included within current assets.
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
Straight-line basis over 4 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,156 
At 29 February 2024
1,156 
Depreciation
At 1 March 2023
443 
Charge for the year
289 
At 29 February 2024
732 
Net book value
At 29 February 2024
424 
At 28 February 2023
713 
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BEINGWORKS LTD Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,000 
3,899 
Other debtors
4,583 
5,024 
7,583 
8,923 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,981 
2,981 
VAT
- 
2,702 
Trade creditors
261 
409 
Taxes and social security
312 
1,313 
3,554 
7,405 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,727 
6,697 
Amount 1-4 years £3726
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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