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REGISTERED NUMBER: 06795071 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 January 2025

for

BeeLiked Media Ltd

BeeLiked Media Ltd (Registered number: 06795071)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BeeLiked Media Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: D C Dutton
I C Edwards
G D Martin





REGISTERED OFFICE: Unit 6 Queens Court North
Third Avenue
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 0BU





REGISTERED NUMBER: 06795071 (England and Wales)





ACCOUNTANTS: Inspire Chartered Accountants
6 Queens Court
Third Avenue
Team Valley
Gateshead
Tyne and Wear
NE11 0BU

BeeLiked Media Ltd (Registered number: 06795071)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 397,803 454,632
Tangible assets 6 334 445
398,137 455,077

CURRENT ASSETS
Debtors 7 77,666 85,488
Cash at bank 116,830 183,891
194,496 269,379
CREDITORS
Amounts falling due within one year 8 201,023 106,750
NET CURRENT (LIABILITIES)/ASSETS (6,527 ) 162,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,610

617,706

CREDITORS
Amounts falling due after more than one
year

9

109,405

28,490
NET ASSETS 282,205 589,216

BeeLiked Media Ltd (Registered number: 06795071)

Balance Sheet - continued
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,406 1,406
Share premium 2,109,998 2,109,998
Retained earnings (1,829,199 ) (1,522,188 )
282,205 589,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by:




D C Dutton - Director



I C Edwards - Director


BeeLiked Media Ltd (Registered number: 06795071)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

BeeLiked Media Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade for the foreseeable future. In order to do so it relies on the continued support of the directors and the company's lenders. Should the company no longer receive such support, fixed assets will need to be reclassified as current assets and long term liabilities as current liabilities. Provisions would be required to reduce assets to their recoverable amount and to provide for any further liabilities that may arise.

Turnover
Income is recognised as the subscription period progresses. Any subscriptions that are invoiced in advance are held in the accounts as deferred income.

Intangible assets
Costs incurred in developing the Beeliked platform have previously been capitalised as they have been incurred. The platform is fully commercialised and the costs are being amortised in equal instalments over its useful economic life of 10 year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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.


BeeLiked Media Ltd (Registered number: 06795071)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2024
and 31 January 2025 568,289
AMORTISATION
At 1 February 2024 113,657
Charge for year 56,829
At 31 January 2025 170,486
NET BOOK VALUE
At 31 January 2025 397,803
At 31 January 2024 454,632

BeeLiked Media Ltd (Registered number: 06795071)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2024
and 31 January 2025 4,854
DEPRECIATION
At 1 February 2024 4,409
Charge for year 111
At 31 January 2025 4,520
NET BOOK VALUE
At 31 January 2025 334
At 31 January 2024 445

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors - 19,804
Other debtors 77,666 65,684
77,666 85,488

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 2,413 2,413
Trade creditors 24,049 35,462
Social security and other taxes 9,172 5,251
Other creditors 44,173 45,899
Directors' current accounts 1,661 -
Accruals and deferred income 119,555 17,725
201,023 106,750

BeeLiked Media Ltd (Registered number: 06795071)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans 24,405 28,490
Other creditors 85,000 -
109,405 28,490