Beavers Support Services Limited
Registered number: 06817877
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 153,234 99,573
Cash at bank and in hand 84,272 163,587
237,506 263,160
Creditors: amounts falling due within one year 4 (35,569) (23,479)
Net current assets 201,937 239,681
Total assets less current liabilities 201,937 239,681
Creditors: amounts falling due after more than one year 5 (4,141) (54,115)
Net assets 197,796 185,566
Capital and reserves
Called up share capital 1 1
Profit and loss account 197,795 185,565
Shareholders' funds 197,796 185,566
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C Stubbs
Director
Approved by the board on 11 April 2024
Beavers Support Services Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2024 2023
£ £
Trade debtors 42,579 64,537
Amounts owed by group undertakings and undertakings in which the company has a participating interest 75,499 -
Other debtors 35,156 35,036
153,234 99,573
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 32,116 3,941
Corporation tax 2,453 18,538
Other creditors 1,000 1,000
35,569 23,479
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 4,141 9,614
Amounts owed to group undertakings and undertakings in which the company has a participating interest - 44,501
4,141 54,115
6 Other information
Beavers Support Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite H The Old Dutch Barn
Westend Offices
Stonehouse
Glos
GL10 3GE
Beavers Support Services Limited 06817877 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts July 2024 Mrs C Stubbs No description of principal activity 06817877 2022-03-01 2023-02-28 06817877 core:WithinOneYear 2023-02-28 06817877 core:AfterOneYear 2023-02-28 06817877 core:ShareCapital 2023-02-28 06817877 core:RetainedEarningsAccumulatedLosses 2023-02-28 06817877 2023-03-01 2024-02-29 06817877 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06817877 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06817877 bus:Director40 2023-03-01 2024-02-29 06817877 1 2023-03-01 2024-02-29 06817877 2 2023-03-01 2024-02-29 06817877 countries:England 2023-03-01 2024-02-29 06817877 bus:FRS102 2023-03-01 2024-02-29 06817877 bus:FilletedAccounts 2023-03-01 2024-02-29 06817877 2024-02-29 06817877 core:WithinOneYear 2024-02-29 06817877 core:AfterOneYear 2024-02-29 06817877 core:ShareCapital 2024-02-29 06817877 core:RetainedEarningsAccumulatedLosses 2024-02-29 06817877 2023-02-28 iso4217:GBP xbrli:pure