The Beehive at Deanshanger Ltd 14835055 false 2023-04-28 2024-04-30 2024-04-30 The principal activity of the company is public house and bar Digita Accounts Production Advanced 6.30.9574.0 true 14835055 2023-04-28 2024-04-30 14835055 2024-04-30 14835055 core:CurrentFinancialInstruments 2024-04-30 14835055 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 14835055 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 14835055 core:FurnitureFittingsToolsEquipment 2024-04-30 14835055 bus:SmallEntities 2023-04-28 2024-04-30 14835055 bus:AuditExemptWithAccountantsReport 2023-04-28 2024-04-30 14835055 bus:AbridgedAccounts 2023-04-28 2024-04-30 14835055 bus:SmallCompaniesRegimeForAccounts 2023-04-28 2024-04-30 14835055 bus:RegisteredOffice 2023-04-28 2024-04-30 14835055 bus:Director1 2023-04-28 2024-04-30 14835055 bus:Director2 2023-04-28 2024-04-30 14835055 bus:PrivateLimitedCompanyLtd 2023-04-28 2024-04-30 14835055 bus:Agent1 2023-04-28 2024-04-30 14835055 core:FurnitureFittings 2023-04-28 2024-04-30 14835055 core:FurnitureFittingsToolsEquipment 2023-04-28 2024-04-30 14835055 countries:AllCountries 2023-04-28 2024-04-30 iso4217:GBP xbrli:pure

Registration number: 14835055

The Beehive at Deanshanger Ltd

trading as The Beehive

Annual Report and Unaudited Abridged Financial Statements

for the Period from 28 April 2023 to 30 April 2024

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 8

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Company Information

Directors

V Randall

M Bell

Registered office

22 The Green
Deanshanger
Milton Keynes
MK19 6HL

Accountants

Inn Control Hospitality Accountants Limited 10 Cheyne Walk
Northampton
Northamptonshire
NN1 5PT

 

The Beehive at Deanshanger Ltd

trading as The Beehive

(Registration number: 14835055)
Abridged Balance Sheet as at 30 April 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

177

Current assets

 

Stocks

5

5,515

Debtors

17,357

Cash at bank and in hand

 

21,033

 

43,905

Prepayments and accrued income

 

1,618

Creditors: Amounts falling due within one year

(19,365)

Net current assets

 

26,158

Total assets less current liabilities

 

26,335

Creditors: Amounts falling due after more than one year

(22,914)

Provisions for liabilities

(44)

Accruals and deferred income

 

(3,337)

Net assets

 

40

Capital and reserves

 

Called up share capital

1

Retained earnings

39

Shareholders' funds

 

40

For the financial period ending 30 April 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

The Beehive at Deanshanger Ltd

trading as The Beehive

(Registration number: 14835055)
Abridged Balance Sheet as at 30 April 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option to not file the profit and loss account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 January 2025 and signed on its behalf by:
 

.........................................
M Bell
Director

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Notes to the Unaudited Abridged Financial Statements for the Period from 28 April 2023 to 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in Englaqnd and wales.

The address of its registered office is:
22 The Green
Deanshanger
Milton Keynes
MK19 6HL

These financial statements were authorised for issue by the Board on 14 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Notes to the Unaudited Abridged Financial Statements for the Period from 28 April 2023 to 30 April 2024

Judgements

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' best judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be appropriate.

Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Revenue recognition

provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Notes to the Unaudited Abridged Financial Statements for the Period from 28 April 2023 to 30 April 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fitting

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Notes to the Unaudited Abridged Financial Statements for the Period from 28 April 2023 to 30 April 2024

Borrowings

borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer
settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

 

The Beehive at Deanshanger Ltd

trading as The Beehive

Notes to the Unaudited Abridged Financial Statements for the Period from 28 April 2023 to 30 April 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

200

200

At 30 April 2024

200

200

Depreciation

Charge for the period

23

23

At 30 April 2024

23

23

Carrying amount

At 30 April 2024

177

177

5

Stocks

2024
£

Other inventories

5,515