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Company Registration No. 12194697 (England and Wales)
Bednam Prime Ltd Unaudited accounts for the year ended 30 September 2024
Bednam Prime Ltd Unaudited accounts Contents
Page
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Bednam Prime Ltd Company Information for the year ended 30 September 2024
Director
Tariq Edem Bedson
Company Number
12194697 (England and Wales)
Registered Office
23 TOLL HOUSE ROAD REDNAL BIRMINGHAM B45 8TT ENGLAND
Accountants
Barbara Krzyczmonik 45 Matheson Road Southampton - SO16 8GS
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Bednam Prime Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
2,000 
2,000 
Fixed assets
Tangible assets
365 
525 
Current assets
Inventories
5,007 
7,719 
Debtors
1,180 
494 
Cash at bank and in hand
1,460 
4,529 
7,647 
12,742 
Creditors: amounts falling due within one year
(17,736)
(17,103)
Net current liabilities
(10,089)
(4,361)
Total assets less current liabilities
(7,724)
(1,836)
Creditors: amounts falling due after more than one year
- 
(1,498)
Net liabilities
(7,724)
(3,334)
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
(9,724)
(5,334)
Shareholders' funds
(7,724)
(3,334)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 27 June 2025 and were signed on its behalf by
Tariq Edem Bedson Director Company Registration No. 12194697
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Bednam Prime Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Bednam Prime Ltd is a private company, limited by shares, registered in England and Wales, registration number 12194697. The registered office is 23 TOLL HOUSE ROAD, REDNAL, BIRMINGHAM, B45 8TT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
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.
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
33
Computer equipment
33
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Bednam Prime Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
280 
1,049 
1,329 
Additions
- 
270 
270 
At 30 September 2024
280 
1,319 
1,599 
Depreciation
At 1 October 2023
244 
560 
804 
Charge for the year
35 
395 
430 
At 30 September 2024
279 
955 
1,234 
Net book value
At 30 September 2024
1 
364 
365 
At 30 September 2023
36 
489 
525 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
5,007 
7,719 
5,007 
7,719 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,080 
- 
Accrued income and prepayments
100 
- 
Other debtors
- 
494 
1,180 
494 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,498 
2,642 
Trade creditors
- 
162 
Taxes and social security
- 
429 
Other creditors
609 
- 
Loans from directors
15,308 
13,146 
Accruals
321 
724 
17,736 
17,103 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
1,498 
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Bednam Prime Ltd Notes to the Accounts for the year ended 30 September 2024
9
Transactions with related parties
The company has a loan from the Director, T Bedson which amounts to £15,308.00 and is repayable on demand
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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