REGISTERED NUMBER: 05511215 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Bethenextlink.co.uk Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D C Anderson

R A Anderson

REGISTERED OFFICE:

White Gables Blunham Road

Moggerhanger

Bedford

MK44 3RA

REGISTERED NUMBER:

05511215 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Limited

Grove House

1 Grove Place

Bedford

Bedfordshire

MK40 3JJ

FIXED ASSETS

Tangible assets

5

894,548

838,797

CURRENT ASSETS

Stocks

12,461

37,461

Debtors

6

3,699,926

3,659,603

Cash at bank and in hand

187,523

191,066

3,899,910

3,888,130

CREDITORS

Amounts falling due within one year

7

2,062,828

2,069,404

NET CURRENT ASSETS

1,837,082

1,818,726

TOTAL ASSETS LESS CURRENT LIABILITIES

2,731,630

2,657,523

CREDITORS

Amounts falling due after more than one year

8

(360,813

)

(564,303

)

PROVISIONS FOR LIABILITIES

(214,141

)

(202,685

)

NET ASSETS

2,156,676

1,890,535

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,156,576

1,890,435

2,156,676

1,890,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

D C Anderson - Director

1.	STATUTORY INFORMATION

Bethenextlink.co.uk 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 under the historical cost convention.

Turnover

Turnover 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.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

2,101,387

Additions

348,924

At 31 December 2024

2,450,311

DEPRECIATION

At 1 January 2024

1,262,590

Charge for year

293,173

At 31 December 2024

1,555,763

NET BOOK VALUE

At 31 December 2024

894,548

At 31 December 2023

838,797

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,249,397

1,514,283

Amounts owed by associates

2,270,142

1,921,088

Other debtors

19,194

-

Directors' current accounts

15,807

17,606

Tax

4,116

4,116

VAT

46,506

76,779

Prepayments

94,764

125,731

3,699,926

3,659,603

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

90,909

91,764

Invoice finance advances

233,161

717,438

Other loan

-

11,500

Hire purchase contracts

330,984

246,153

Trade creditors

426,954

383,715

Amounts owed to associates

877,316

-

Tax

78,232

30,119

Social security and other taxes

13,539

5,427

Other creditors

7,605

8,454

Directors' current accounts

4,128

4,336

Accrued expenses

-

570,498

2,062,828

2,069,404

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

31,158

90,909

Bank loans - 2-5 years

-

30,303

Other loans - 1-2 years

-

11,500

Other loan 2 - 5 years

-

11,500

Hire purchase contracts

329,655

420,091

360,813

564,303

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

D C Anderson

Balance outstanding at start of year

17,606

12,423

Amounts advanced

-

5,183

Amounts repaid

(1,799

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,807

17,606