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REGISTERED NUMBER: 13923539 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Beesting Ltd

Beesting Ltd (Registered number: 13923539)






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


Beesting Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Dr N J P Lorway
Dr E J Powley
A J N Wilson





REGISTERED OFFICE: 167-169 Great Portland Street
LONDON
W1W 5PF





REGISTERED NUMBER: 13923539 (England and Wales)





ACCOUNTANTS: Minshull & Co
19 Crescent Business Park
LISBURN
Co. Antrim
BT28 2GN

Beesting Ltd (Registered number: 13923539)

Balance Sheet
29 February 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,798 7,296

CURRENT ASSETS
Debtors 6 5,450 -
Cash at bank 19,633 2,044
25,083 2,044
CREDITORS
Amounts falling due within one year 7 13,875 8,016
NET CURRENT ASSETS/(LIABILITIES) 11,208 (5,972 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,006

1,324

PROVISIONS FOR LIABILITIES 8 1,100 1,250
NET ASSETS 15,906 74

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 10 15,903 71
SHAREHOLDERS' FUNDS 15,906 74

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 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.

Beesting Ltd (Registered number: 13923539)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





A J N Wilson - Director


Beesting Ltd (Registered number: 13923539)

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

1. STATUTORY INFORMATION

Beesting Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Beesting Ltd (Registered number: 13923539)

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

3. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 9,637
Additions 1,124
At 29 February 2024 10,761
DEPRECIATION
At 1 March 2023 2,341
Charge for year 2,622
At 29 February 2024 4,963
NET BOOK VALUE
At 29 February 2024 5,798
At 28 February 2023 7,296

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Trade debtors 5,128 -
VAT 322 -
5,450 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Tax 11,198 6,034
Directors' current accounts 427 2
Accruals and deferred income 2,250 1,980
13,875 8,016

Beesting Ltd (Registered number: 13923539)

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

8. PROVISIONS FOR LIABILITIES
29/2/24 28/2/23
£    £   
Deferred tax 1,100 1,250

Deferred
tax
£   
Balance at 1 March 2023 1,250
Credit to Statement of Income and Retained Earnings during
year

(150

)
Balance at 29 February 2024 1,100

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/24 28/2/23
value: £    £   
3 Ordinary £1 3 3

10. RESERVES
Retained
earnings
£   

At 1 March 2023 71
Profit for the year 44,049
Dividends (28,217 )
At 29 February 2024 15,903