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REGISTERED NUMBER: 08893781 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Beanie & Bear Limited

Beanie & Bear Limited (Registered number: 08893781)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Beanie & Bear Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mrs N E M Bebawi





REGISTERED OFFICE: Sterling Partners Limited
Units 15&16
7 Wenlock Road
London
N1 7SL





REGISTERED NUMBER: 08893781 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Beanie & Bear Limited (Registered number: 08893781)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 156
Tangible assets 5 - -
- 156

CURRENT ASSETS
Stocks 29,768 29,768
Debtors 6 351 53
Cash at bank 6,744 9,630
36,863 39,451
NET CURRENT ASSETS 36,863 39,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,863

39,607

CREDITORS
Amounts falling due after more than one
year

7

167,572

167,572
NET LIABILITIES (130,709 ) (127,965 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (130,710 ) (127,966 )
(130,709 ) (127,965 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Beanie & Bear Limited (Registered number: 08893781)

Balance Sheet - continued
29 February 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 director and authorised for issue on 26 November 2024 and were signed by:





Mrs N E M Bebawi - Director


Beanie & Bear Limited (Registered number: 08893781)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Beanie & Bear 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.

Total net liabilities for the year ended 29 February 2024 is £130,709 (2023: £127,965). The company relies on the loan funding provided by its investors. The Director is of the opinion that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by its investors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Beanie & Bear Limited (Registered number: 08893781)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023
and 29 February 2024 1,560
AMORTISATION
At 1 March 2023 1,404
Charge for year 156
At 29 February 2024 1,560
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 156

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 1,029
DEPRECIATION
At 1 March 2023
and 29 February 2024 1,029
NET BOOK VALUE
At 29 February 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 351 53

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 167,572 167,572

Beanie & Bear Limited (Registered number: 08893781)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mrs N E M Bebawi
Balance outstanding at start of year (167,572 ) (167,572 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (167,572 ) (167,572 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs N E M Bebawi.