Beat About The Bush Limited
Unaudited Financial Statements
For the year ended 30 June 2024
Pages for Filing with Registrar
Company Registration No. 03215725 (England and Wales)
Beat About the Bush Limited
Beat About The Bush Limited
Company Information
Director
Mr A. Purbrick
Secretary
Ms L. Purbrick
Company number
03215725
Registered office
Orbital House
20 Eastern Road
Romford
Essex
RM1 3PJ
Accountants
Moore Kingston Smith LLP
Orbital House
20 Eastern Road
Romford
Essex
RM1 3PJ
Business address
Unit 23 Triangle Business Centre
Salter Street
London
NW10 6UG
Beat About the Bush Limited
Beat About The Bush Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Beat About The Bush Limited
Balance Sheet
As at 30 June 2024
Page 1
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
65,814
78,562
Current assets
Debtors
4
317,195
47,155
Cash at bank and in hand
98,060
392,973
415,255
440,128
Creditors: amounts falling due within one year
5
(43,461)
(63,053)
Net current assets
371,794
377,075
Net assets
437,608
455,637
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
437,508
455,537
Total equity
437,608
455,637
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 23 January 2025
A Purbrick
Director
Company Registration No. 03215725
Beat About The Bush Limited
Notes to the Financial Statements
For the year ended 30 June 2024
Page 2
1
Accounting policies
Company information
Beat About the Bush Limited is a private company limited by shares incorporated in England and Wales. The registered office is Orbital House, 20 Eastern Road, Romford, Essex, RM1 3PJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with Section 1A FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% reducing balance
Fixtures and fittings
25% reducing balance
Computers
15% reducing balance
Motor vehicles
15% reducing balance
Leasehold improvements
15% reducing balance
1.4
Cash and cash equivalents
Cash at bank and in hand are basic financial assets and include cash in hand and deposits held at call with banks.
1.5
Financial instruments
The company only has basic financial instruments at amortised cost, with no financial instruments classified as other or basic instrument measured at fair value.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7
Taxation
The tax expense represents the sum of the tax currently payable.
Beat About The Bush Limited
Notes to the Financial Statements (Continued)
For the year ended 30 June 2024
1
Accounting policies
(Continued)
Page 3
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
1.8
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was: 4 (2023: 4)
3
Tangible fixed assets
Plant and machinery etc
Leasehold improvements
Total
£
£
£
Cost
At 1 July 2023
578,257
23,581
601,838
Additions
2,440
2,440
At 30 June 2024
580,697
23,581
604,278
Depreciation and impairment
At 1 July 2023
501,037
22,239
523,276
Depreciation charged in the year
14,987
201
15,188
At 30 June 2024
516,024
22,440
538,464
Carrying amount
At 30 June 2024
64,673
1,141
65,814
At 30 June 2023
77,220
1,342
78,562
Beat About The Bush Limited
Notes to the Financial Statements (Continued)
For the year ended 30 June 2024
Page 4
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
15,969
18,986
Other debtors
279,545
10,510
Prepayments and accrued income
21,681
17,659
317,195
47,155
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
20,917
7,130
Corporation tax
1,746
28,998
Other taxation and social security
7,448
23,359
Other creditors
11,250
1,466
Accruals and deferred income
2,100
2,100
43,461
63,053
6
Called up share capital
2024
2023
Ordinary share capital
£
£
Issued and fully paid
100 Ordinary shares of £1 each
100
100
7
Related party transactions
Included within other debtors is an amount of £256,898 (2023: £390 due to) due from the director of the company. Interest of £2,854 (2023; £Nil) has been charged on this balance at 2.25%, and the balance has been repaid in full within 9 months of the year end.