Company registration number 12895112 (England and Wales)
BECX GROUP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
BECX GROUP LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BECX GROUP LTD (REGISTERED NUMBER: 12895112)
BALANCE SHEET
AS AT 31 JULY 2023
31 July 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,609
2,145
Current assets
Debtors
4
17,133
6,912
Cash at bank and in hand
554
3,892
17,687
10,804
Creditors: amounts falling due within one year
5
(19,176)
(12,828)
Net current liabilities
(1,489)
(2,024)
Net assets
120
121
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
20
21
Total equity
120
121
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 1 April 2025
Mr B S Jones
Director
BECX GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
- 2 -
1
Accounting policies
Company information
Becx Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 10 Upper Grosvenor Road, Tunbridge Wells, England, TN1 2EP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents amounts receivable for services excluding value added tax.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers
25% reducing balance
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.
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
BECX GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 3 -
3
Tangible fixed assets
Computers
£
Cost
At 1 August 2022 and 31 July 2023
2,771
Depreciation and impairment
At 1 August 2022
626
Depreciation charged in the year
536
At 31 July 2023
1,162
Carrying amount
At 31 July 2023
1,609
At 31 July 2022
2,145
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
10,993
6,912
Other debtors
6,140
17,133
6,912
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,584
Taxation and social security
13,549
8,479
Other creditors
4,043
4,349
19,176
12,828
6
Related party transactions
Included in other debtors is a loan to the company's director of £6,140 (2022 - NIL). This loan is interest free and repayable on demand.