IRIS Accounts Production v24.3.0.553 06383922 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063839222023-09-30063839222024-09-30063839222023-10-012024-09-30063839222022-09-30063839222022-10-012023-09-30063839222023-09-3006383922ns15:EnglandWales2023-10-012024-09-3006383922ns14:PoundSterling2023-10-012024-09-3006383922ns10:Director12023-10-012024-09-3006383922ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3006383922ns10:SmallEntities2023-10-012024-09-3006383922ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3006383922ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3006383922ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006383922ns10:FullAccounts2023-10-012024-09-300638392212023-10-012024-09-3006383922ns10:Director22023-10-012024-09-3006383922ns10:RegisteredOffice2023-10-012024-09-3006383922ns5:CurrentFinancialInstruments2024-09-3006383922ns5:CurrentFinancialInstruments2023-09-3006383922ns5:ShareCapital2024-09-3006383922ns5:ShareCapital2023-09-3006383922ns5:RetainedEarningsAccumulatedLosses2024-09-3006383922ns5:RetainedEarningsAccumulatedLosses2023-09-3006383922ns5:NetGoodwill2023-10-012024-09-3006383922ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3006383922ns5:PlantMachinery2023-10-012024-09-3006383922ns5:ComputerEquipment2023-10-012024-09-3006383922ns5:NetGoodwill2023-09-3006383922ns5:NetGoodwill2024-09-3006383922ns5:NetGoodwill2023-09-3006383922ns5:PlantMachinery2023-09-3006383922ns5:ComputerEquipment2023-09-3006383922ns5:PlantMachinery2024-09-3006383922ns5:ComputerEquipment2024-09-3006383922ns5:PlantMachinery2023-09-3006383922ns5:ComputerEquipment2023-09-3006383922ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3006383922ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 06383922 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

DAVID BEARMAN LIMITED

DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVID BEARMAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Mr D A Bearman
Mrs I J Bearman





REGISTERED OFFICE: Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH





REGISTERED NUMBER: 06383922 (England and Wales)





ACCOUNTANTS: Aspen Waite Limited
Chartered Accountants
Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH

DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)

BALANCE SHEET
30TH SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,044 2,405
2,044 2,405

CURRENT ASSETS
Work in progress 6,750 7,000
Debtors 6 18,597 17,025
Cash at bank 60,126 60,483
85,473 84,508
CREDITORS
Amounts falling due within one year 7 (23,684 ) (27,140 )
NET CURRENT ASSETS 61,789 57,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,833

59,773

PROVISIONS FOR LIABILITIES (360 ) (422 )
NET ASSETS 63,473 59,351

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 63,469 59,347
SHAREHOLDERS' FUNDS 63,473 59,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)

BALANCE SHEET - continued
30TH SEPTEMBER 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 and authorised for issue by the Board of Directors and authorised for issue on 26th November 2024 and were signed on its behalf by:





Mr D A Bearman - Director


DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

David Bearman 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

GOODWILL
The goodwill acquired in 2007 has been fully amortised.

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.

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 equipment - 15% on reducing balance
Computer equipment - 33% on cost

WORK IN PROGRESS
Work in progress is valued at the lower of cost and net realizable value.

Costs include all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st October 2023
and 30th September 2024 92,000
AMORTISATION
At 1st October 2023
and 30th September 2024 92,000
NET BOOK VALUE
At 30th September 2024 -
At 30th September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
equipment equipment Totals
£    £    £   
COST
At 1st October 2023
and 30th September 2024 12,323 3,221 15,544
DEPRECIATION
At 1st October 2023 9,918 3,221 13,139
Charge for year 361 - 361
At 30th September 2024 10,279 3,221 13,500
NET BOOK VALUE
At 30th September 2024 2,044 - 2,044
At 30th September 2023 2,405 - 2,405

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 13,890 13,075
Prepayments 4,707 3,950
18,597 17,025

DAVID BEARMAN LIMITED (REGISTERED NUMBER: 06383922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors 1,268 2,306
Corporation tax 9,573 13,825
Social security and other taxes 8,516 8,541
Directors' current accounts 2,062 399
Accruals and deferred income 2,265 2,069
23,684 27,140