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REGISTERED NUMBER: 09795645 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BEANGREEN LIMITED

BEANGREEN LIMITED (REGISTERED NUMBER: 09795645)






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


BEANGREEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: A Gkikas





REGISTERED OFFICE: 48 Gray's Inn Road
London
WC1X 8LT





REGISTERED NUMBER: 09795645 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

BEANGREEN LIMITED (REGISTERED NUMBER: 09795645)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,835,297 2,864,836

CURRENT ASSETS
Inventories 26,013 26,013
Debtors 5 2,093,430 1,978,215
Cash at bank 2,899,140 2,843,050
5,018,583 4,847,278
CREDITORS
Amounts falling due within one year 6 6,205,699 6,151,478
NET CURRENT LIABILITIES (1,187,116 ) (1,304,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,648,181

1,560,636

CREDITORS
Amounts falling due after more than
one year

7

43,268

45,868
NET ASSETS 1,604,913 1,514,768

CAPITAL AND RESERVES
Called up share capital 110 110
Redeemable preference shares 3,000,000 3,000,000
Retained earnings (1,395,197 ) (1,485,342 )
SHAREHOLDERS' FUNDS 1,604,913 1,514,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 22 August 2024 and were signed by:



A Gkikas - Director


BEANGREEN LIMITED (REGISTERED NUMBER: 09795645)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Beangreen 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
Revenue 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.
Land and buildings - 0% of land, 2% on cost of buildings
Plant and machinery etc - Straight line over 5 years

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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.

Redeemable preference shares
The option to redeem the preference shares is at the discretion of the issuer, therefore the preference shares are classified as an equity.

BEANGREEN LIMITED (REGISTERED NUMBER: 09795645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 2,987,622 233,660 3,221,282
DEPRECIATION
At 1 July 2023 136,114 220,332 356,446
Charge for year 21,692 7,847 29,539
At 30 June 2024 157,806 228,179 385,985
NET BOOK VALUE
At 30 June 2024 2,829,816 5,481 2,835,297
At 30 June 2023 2,851,508 13,328 2,864,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 92,907 62,417
Other debtors 2,000,523 1,915,798
2,093,430 1,978,215

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,710 1,710
Social security and other taxes 52,506 9,419
VAT 27,019 20,351
Other creditors 6,124,464 6,119,998
6,205,699 6,151,478

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 43,268 45,868