REGISTERED NUMBER: 07478410 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE BEESHED LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M East

SECRETARY:

Mrs L P East

REGISTERED OFFICE:

The Beeshed Ltd

(C/o Greenbox Storage Ltd)

College Road

Swanley

Kent

BR8 7LT

REGISTERED NUMBER:

07478410 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

4

15,874

19,672

CURRENT ASSETS

Debtors

5

16,583

26,826

Cash at bank

40,209

21,952

56,792

48,778

CREDITORS

Amounts falling due within one year

6

27,972

30,927

NET CURRENT ASSETS

28,820

17,851

TOTAL ASSETS LESS CURRENT LIABILITIES

44,694

37,523

CREDITORS

Amounts falling due after more than one year

7

(2,602

)

(8,723

)

PROVISIONS FOR LIABILITIES

(3,968

)

(4,918

)

NET ASSETS

38,124

23,882

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8

38,123

23,881

SHAREHOLDERS' FUNDS

38,124

23,882

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 director acknowledges his 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 director and authorised for issue on 26 September 2025 and were signed by:

M East - Director

1.	STATUTORY INFORMATION

The Beeshed 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

7,186

8,565

29,994

1,542

47,287

Additions

-

-

-

1,274

1,274

At 31 December 2024

7,186

8,565

29,994

2,816

48,561

DEPRECIATION

At 1 January 2024

3,833

4,804

17,995

983

27,615

Charge for year

838

940

2,999

295

5,072

At 31 December 2024

4,671

5,744

20,994

1,278

32,687

NET BOOK VALUE

At 31 December 2024

2,515

2,821

9,000

1,538

15,874

At 31 December 2023

3,353

3,761

11,999

559

19,672

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

29,994

DEPRECIATION

At 1 January 2024

17,995

Charge for year

2,999

At 31 December 2024

20,994

NET BOOK VALUE

At 31 December 2024

9,000

At 31 December 2023

11,999

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

16,200

26,400

Other debtors

383

426

16,583

26,826

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

3,122

3,123

Hire purchase contracts

2,999

3,999

Taxation and social security

9,948

9,800

Other creditors

11,903

14,005

27,972

30,927

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,602

5,724

Hire purchase contracts

-

2,999

2,602

8,723

8.

RESERVES

Retained

earnings

£

At 1 January 2024

23,881

Profit for the year

27,242

Dividends

(13,000

)

At 31 December 2024

38,123

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the director £353 (2023: £2,605).

During the year the company paid dividends of £12,500 to the director.

10.	RELATED PARTY DISCLOSURES

During the year the company paid dividends of £500 to Miss Jade Crist.