Company Registration No. 09599109 (England and Wales)
Betajester Ltd
Unaudited accounts
for the year ended 31 May 2024
Betajester Ltd
Unaudited accounts
Contents
Betajester Ltd
Company Information
for the year ended 31 May 2024
Directors
Mr A Boyne
Mr R Lay
Mr J Porter
Company Number
09599109 (England and Wales)
Registered Office
YORK HUB POPESHEAD COURT OFFICES
PETER LANE
YORK
NORTH YORKSHIRE
YO1 8SU
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Betajester Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
65,756
65,094
Cash at bank and in hand
15,805
976
Creditors: amounts falling due within one year
(107,302)
(67,704)
Net current liabilities
(60,867)
(42,384)
Total assets less current liabilities
4,889
22,710
Provisions for liabilities
Deferred tax
(4,768)
(4,768)
Called up share capital
99
99
Profit and loss account
22
17,843
Shareholders' funds
121
17,942
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Mr A Boyne
Director
Company Registration No. 09599109
Betajester Ltd
Notes to the Accounts
for the year ended 31 May 2024
Betajester Ltd is a private company, limited by shares, registered in England and Wales, registration number 09599109. The registered office is YORK HUB POPESHEAD COURT OFFICES, PETER LANE, YORK, NORTH YORKSHIRE, YO1 8SU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Cost
Computer equipment
20% Cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Betajester Ltd
Notes to the Accounts
for the year ended 31 May 2024
Expenditure on research and development is written off in the year in which it is incurred.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
3,810
108,196
112,006
Additions
3,500
22,458
25,958
At 31 May 2024
7,310
130,654
137,964
At 1 June 2023
3,025
43,887
46,912
Charge for the year
1,376
23,920
25,296
At 31 May 2024
4,401
67,807
72,208
At 31 May 2024
2,909
62,847
65,756
At 31 May 2023
785
64,309
65,094
Amounts falling due within one year
Trade debtors
30,630
24,344
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
4,064
Taxes and social security
6,531
21,223
Loans from directors
40,985
20,936
Allotted, called up and fully paid:
99 Ordinary shares of £1 each
99
99
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Average number of employees
During the year the average number of employees was 13 (2023: 5).