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REGISTERED NUMBER: 06636924 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BEQUIPMENT LIMITED

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

BEQUIPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: S Barry





SECRETARY: S Barry





REGISTERED OFFICE: Market House
21 Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 06636924 (England and Wales)





ACCOUNTANTS: Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,130 27,950

CURRENT ASSETS
Debtors 5 5,459 10,828
Cash at bank 802 191
6,261 11,019
CREDITORS
Amounts falling due within one year 6 30,155 25,726
NET CURRENT LIABILITIES (23,894 ) (14,707 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,236

13,243

CREDITORS
Amounts falling due after more than one
year

7

(13,194

)

(4,822

)

PROVISIONS FOR LIABILITIES 8 (8,005 ) (5,311 )
NET (LIABILITIES)/ASSETS (2,963 ) 3,110

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (3,063 ) 3,010
SHAREHOLDERS' FUNDS (2,963 ) 3,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

BALANCE SHEET - continued
31 DECEMBER 2023


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 by the director and authorised for issue on 29 January 2025 and were signed by:





S Barry - Director


BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Bequipment 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been drawn up on a going concern basis which assumes adequate finance will continue to be made available and accordingly do not take account of adjustments, if any, which may be necessary if the company is unable to continue as a concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 46,223 41,514 2,905 90,642
Additions 29,197 - - 29,197
Disposals (5,000 ) (6,558 ) (174 ) (11,732 )
At 31 December 2023 70,420 34,956 2,731 108,107
DEPRECIATION
At 1 January 2023 38,681 21,364 2,647 62,692
Charge for year 9,543 5,404 70 15,017
Eliminated on disposal (5,000 ) (6,558 ) (174 ) (11,732 )
At 31 December 2023 43,224 20,210 2,543 65,977
NET BOOK VALUE
At 31 December 2023 27,196 14,746 188 42,130
At 31 December 2022 7,542 20,150 258 27,950

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 28,998
DEPRECIATION
At 1 January 2023 12,687
Charge for year 4,078
At 31 December 2023 16,765
NET BOOK VALUE
At 31 December 2023 12,233
At 31 December 2022 16,311

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,459 8,828
VAT 2,000 2,000
5,459 10,828

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 13,155 8,266
Other creditors 4,560 4,560
Directors' loan account 11,900 11,900
Accrued expenses 540 1,000
30,155 25,726

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 13,194 4,822

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 8,005 5,311

Deferred
tax
£   
Balance at 1 January 2023 5,311
Provided during year 2,694
Balance at 31 December 2023 8,005

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

BEQUIPMENT LIMITED (REGISTERED NUMBER: 06636924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


10. RESERVES
Retained
earnings
£   

At 1 January 2023 3,010
Deficit for the year (6,073 )
At 31 December 2023 (3,063 )

11. RELATED PARTY DISCLOSURES

At the year end the company had the following balances with related parties:

2023 (£ ) 2022 (£ )

Amounts owed by related parties at the year end 3,459 8,828
Amounts owed to related parties at the year end 4,560 4,560
Amounts invoice to related parties 14,000 12,000

These are related parties of the Company because they share a director.

The amounts outstanding are unsecured, non-interest bearing and will be settled in cash. No guarantees have been given or received. No expenses have been recognised in the year ended 31 December 2023 in respect of bad debts from related parties.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BEQUIPMENT LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bequipment Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Bequipment Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bequipment Limited and state those matters that we have agreed to state to the director of Bequipment Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Bequipment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Bequipment Limited. You consider that Bequipment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bequipment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG


29 January 2025