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REGISTERED NUMBER: 13606318 (England and Wales)













Financial Statements

for the Year Ended 30 June 2024

for

Beamtree UK Limited

Beamtree UK Limited (Registered number: 13606318)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Beamtree UK Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: Ms J A Nobbs
Mr T Kelsey
Mr M E McLellan





REGISTERED OFFICE: Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN





REGISTERED NUMBER: 13606318 (England and Wales)





AUDITORS: Nicholsons Audit (Statutory Auditor)
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN

Beamtree UK Limited (Registered number: 13606318)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 586,753 314,858
Cash at bank 45,650 113,016
632,403 427,874
CREDITORS
Amounts falling due within one year 5 1,706,107 1,273,146
NET CURRENT LIABILITIES (1,073,704 ) (845,272 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,073,704

)

(845,272

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,073,705 ) (845,273 )
(1,073,704 ) (845,272 )

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 Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:




Mr M E McLellan - Director



Mr T Kelsey - Director


Beamtree UK Limited (Registered number: 13606318)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Beamtree UK 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Beamtree UK Limited (Registered number: 13606318)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 577,435 119,514
VAT 8,578 13,714
Prepayments and accrued income 740 181,630
586,753 314,858

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 46,152 9,481
Amounts owed to group undertakings 1,163,647 1,110,804
Social security and other taxes 4,654 17,698
Other creditors 5,768 9,417
Accruals and deferred income 485,886 125,746
1,706,107 1,273,146

Beamtree UK Limited (Registered number: 13606318)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Murray (Senior Statutory Auditor)
for and on behalf of Nicholsons Audit (Statutory Auditor)

7. RELATED PARTY DISCLOSURES

Included in creditors are amounts owing to Beamtree Europe Pte Ltd amounting to £388,081 (2023: £532,350), Beamtree Pty Ltd amounting to £688,420 (2023: £578,454) and Beamtree Holdings Ltd amounting to £87,147 (2023: £0)

During the year services and wages were supplied to Beamtree from related companies. All transactions were carried out at market value.

8. ULTIMATE CONTROLLING PARTY

The company was under the control of Beamtree Holdings Limited.

Consolidated accounts can be obtained from https://beamtree.com.au