Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Dr C A Madichie 11/12/2013 Dr E R Madichie 01/04/2019 14 February 2025 no description of principal activity 08810082 2024-12-31 08810082 bus:Director1 2024-12-31 08810082 bus:Director2 2024-12-31 08810082 2023-12-31 08810082 core:CurrentFinancialInstruments 2024-12-31 08810082 core:CurrentFinancialInstruments 2023-12-31 08810082 core:ShareCapital 2024-12-31 08810082 core:ShareCapital 2023-12-31 08810082 core:RetainedEarningsAccumulatedLosses 2024-12-31 08810082 core:RetainedEarningsAccumulatedLosses 2023-12-31 08810082 core:ComputerEquipment 2023-12-31 08810082 core:ComputerEquipment 2024-12-31 08810082 2024-01-01 2024-12-31 08810082 bus:FilletedAccounts 2024-01-01 2024-12-31 08810082 bus:SmallEntities 2024-01-01 2024-12-31 08810082 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08810082 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08810082 bus:Director1 2024-01-01 2024-12-31 08810082 bus:Director2 2024-01-01 2024-12-31 08810082 core:ComputerEquipment 2024-01-01 2024-12-31 08810082 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 08810082 (England and Wales)

BETHARI LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

BETHARI LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

BETHARI LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
BETHARI LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 797 996
797 996
Current assets
Cash at bank and in hand 175 82
175 82
Creditors: amounts falling due within one year 4 ( 13,144) ( 11,127)
Net current liabilities (12,969) (11,045)
Total assets less current liabilities (12,172) (10,049)
Net liabilities ( 12,172) ( 10,049)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 12,272 ) ( 10,149 )
Total shareholders' deficit ( 12,172) ( 10,049)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of BethAri Limited (registered number: 08810082) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Dr E R Madichie
Director
Dr C A Madichie
Director

14 February 2025

BETHARI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
BETHARI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

BethAri Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Summerhill House, 1 Sculthorpe Road, Fakenham, NR21 9HA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 January 2024 3,323 3,323
At 31 December 2024 3,323 3,323
Accumulated depreciation
At 01 January 2024 2,327 2,327
Charge for the financial year 199 199
At 31 December 2024 2,526 2,526
Net book value
At 31 December 2024 797 797
At 31 December 2023 996 996

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 12,594 10,577
Accruals 550 550
13,144 11,127

5. Related party transactions

At the year end the company owed the directors £12,592 (2023 - £10,578). The loan is interest free and repayable on demand.