Besey (London) Limited

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Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3—4

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Besey (London) Limited for the year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Besey (London) Limited for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Besey (London) Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Besey (London) Limited and state those matters that we have agreed to state to the director of Besey (London) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Besey (London) Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that Besey (London) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Besey (London) Limited . You consider that Besey (London) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Besey (London) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

10th September 2025

Brindley Goldstein Limited

103 High Street

Waltham Cross

EN8 7AN

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Besey (London) Limited

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 10568133

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,080		1,637

			1,080		1,637
CURRENT ASSETS
Cash at bank and in hand		3,163		4,200

		3,163		4,200
Creditors: Amounts Falling Due Within One Year	5	(24,093 )		(18,942 )

NET CURRENT ASSETS (LIABILITIES)			(20,930 )		(14,742 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(19,850 )		(13,105 )

Creditors: Amounts Falling Due After More Than One Year	6		(41,436 )		(48,583 )

NET LIABILITIES			(61,286 )		(61,688 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(61,386 )		(61,788 )

SHAREHOLDERS' FUNDS			(61,286)		(61,688)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Irfan Sumbul

Director

10th September 2025

The notes on pages 3 to 4 form part of these financial statements.

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Besey (London) Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Besey (London) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10568133 . The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	10% straight line
Computer Equipment	33.33% straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 5)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	4,447	3,311	7,758

As at 31 December 2024	4,447	3,311	7,758

Depreciation
As at 1 January 2024	4,444	1,677	6,121
Provided during the period	-	557	557

As at 31 December 2024	4,444	2,234	6,678

Net Book Value
As at 31 December 2024	3	1,077	1,080

As at 1 January 2024	3	1,634	1,637

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Besey (London) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	-	1,827
Other taxes and social security	42	524
VAT	3,566	2,977
Other creditors	958	600
Director's loan account	19,527	13,014

	24,093	18,942

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	41,436	42,083
Other creditors	-	6,500

	41,436	48,583

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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