3 false false true false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 9,000 9,000 3,600 3,600 5,400 xbrli:pure xbrli:shares iso4217:GBP 14099416 2024-06-01 2024-09-30 14099416 2024-09-30 14099416 2024-05-31 14099416 2023-06-01 2024-05-31 14099416 2024-05-31 14099416 2023-05-31 14099416 bus:OrdinaryShareClass1 2024-06-01 2024-09-30 14099416 bus:Director2 2024-06-01 2024-09-30 14099416 core:WithinOneYear 2024-09-30 14099416 core:WithinOneYear 2024-05-31 14099416 core:ShareCapital 2024-09-30 14099416 core:ShareCapital 2024-05-31 14099416 core:RetainedEarningsAccumulatedLosses 2024-09-30 14099416 core:RetainedEarningsAccumulatedLosses 2024-05-31 14099416 bus:SmallEntities 2024-06-01 2024-09-30 14099416 bus:AuditExemptWithAccountantsReport 2024-06-01 2024-09-30 14099416 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2024-09-30 14099416 bus:PrivateLimitedCompanyLtd 2024-06-01 2024-09-30 14099416 bus:FullAccounts 2024-06-01 2024-09-30 14099416 bus:OrdinaryShareClass1 2024-09-30 14099416 bus:OrdinaryShareClass1 2024-05-31 14099416 core:IntangibleAssetsOtherThanGoodwill 2024-06-01 2024-09-30 14099416 core:IntangibleAssetsOtherThanGoodwill 2024-05-31 14099416 1 2024-06-01 2024-09-30
COMPANY REGISTRATION NUMBER: 14099416
Beth Winter Limited
Filleted Unaudited Financial Statements
30 September 2024
Beth Winter Limited
Statement of Financial Position
30 September 2024
30 Sep 24
31 May 24
Note
£
£
Fixed assets
Intangible assets
5
5,400
Current assets
Debtors
6
271
61
Cash at bank and in hand
1,805
12,592
------
-------
2,076
12,653
Creditors: amounts falling due within one year
7
1,931
16,370
------
-------
Net current assets/(liabilities)
145
( 3,717)
----
------
Total assets less current liabilities
145
1,683
----
------
Net assets
145
1,683
----
------
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
45
1,583
----
------
Shareholders funds
145
1,683
----
------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the Period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 15 November 2024 , and are signed on behalf of the board by:
Mrs E C Winter
Director
Company registration number: 14099416
Beth Winter Limited
Notes to the Financial Statements
Period from 1 June 2024 to 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 263a Creswell Road, Clowne, Chesterfield, S43 4NB, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Change of reporting period
The reporting period for these financial statements has been shortened to match the date of cessation of trade. As a result the comparatives shown are not entirely comparable.
Going concern
Following the cessation of trade on 30 September 2024 the directors intend to close the company and therefore these financial statements have not been prepared on a going concern basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Franchise
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Employee numbers
The average number of persons employed by the company during the Period amounted to 3 (2024: 3 ).
5. Intangible assets
Franchise
£
Cost
At 1 June 2024
9,000
Additions
Disposals
( 9,000)
------
At 30 September 2024
------
Amortisation
At 1 June 2024
3,600
Charge for the Period
Disposals
( 3,600)
------
At 30 September 2024
------
Carrying amount
At 30 September 2024
------
At 31 May 2024
5,400
------
6. Debtors
30 Sep 24
31 May 24
£
£
Other debtors
271
61
----
----
7. Creditors: amounts falling due within one year
30 Sep 24
31 May 24
£
£
Corporation tax
671
911
Other creditors
1,260
15,459
------
-------
1,931
16,370
------
-------
8. Called up share capital
Issued, called up and fully paid
30 Sep 24
31 May 24
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
9. Events after the end of the reporting period
Following the cessation of trade on 30 September 2024 the directors intend to close the company within the next 12 months.
10. Directors' advances, credits and guarantees
The company operates a directors account with the balance being due to the company at the period end of £271 (2024 - £14,347 due to the director). No interest is charged and all amounts are repayable on demand.