REGISTERED NUMBER: 01847014 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

Beka Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C J Burkitt

Ms J A Drewell

Mrs E L Rookwood

O Lebreton

SECRETARY:

Mrs E L Rookwood

REGISTERED OFFICE:

Old Charlton Road

Hitchin

Hertfordshire

SG5 2DA

REGISTERED NUMBER:

01847014 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

173,467

200,787

CURRENT ASSETS

Stocks

5

905,327

787,817

Debtors

6

1,235,358

1,016,398

Cash at bank and in hand

2,772,313

3,218,129

4,912,998

5,022,344

CREDITORS

Amounts falling due within one year

7

544,540

274,398

NET CURRENT ASSETS

4,368,458

4,747,946

TOTAL ASSETS LESS CURRENT LIABILITIES

4,541,925

4,948,733

CAPITAL AND RESERVES

Called up share capital

9

3,489

3,864

Capital redemption reserve

10

1,509

1,134

Retained earnings

10

4,536,927

4,943,735

SHAREHOLDERS' FUNDS

4,541,925

4,948,733

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 24 September 2025 and were signed on its behalf by:

C J Burkitt - Director

1.	STATUTORY INFORMATION

Beka Associates 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.

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.

Turnover is recognised on the dispatch of the goods to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost and Over the period of the lease

Plant and machinery

-

25% on cost and 20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

The company capitalise all assets with a value of £500 or more. Items less than this are charged through the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 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 yearyear 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currency transactions

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

124,009

464,132

14,749

9,394

612,284

Additions

-

14,449

-

1,905

16,354

Disposals

-

-

(1,447

)

(8,337

)

(9,784

)

At 31 May 2025

124,009

478,581

13,302

2,962

618,854

DEPRECIATION

At 1 June 2024

33,202

361,091

10,059

7,145

411,497

Charge for year

20,282

20,099

853

2,240

43,474

Eliminated on disposal

-

-

(1,397

)

(8,187

)

(9,584

)

At 31 May 2025

53,484

381,190

9,515

1,198

445,387

NET BOOK VALUE

At 31 May 2025

70,525

97,391

3,787

1,764

173,467

At 31 May 2024

90,807

103,041

4,690

2,249

200,787

5.

STOCKS

2025

2024

£

£

Stocks

905,327

787,817

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

446,393

423,991

Other debtors

788,965

592,407

1,235,358

1,016,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

95,301

108,018

Other creditors

64,318

40,233

Directors' current accounts

384,921

126,147

544,540

274,398

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

74,000

74,000

Between one and five years

172,667

246,667

246,667

320,667

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

NIL

A Ordinary

£1

-

3,045

NIL

C Ordinary

£1

-

375

NIL

D Ordinary

£1

-

250

NIL

E Ordinary

£1

-

194

174,450

A Ordinary 1p

1p

1,745

-

87,225

D Ordinary 1p

1p

872

-

87,225

E Ordinary 1p

1p

872

-

3,489

3,864

During the period the Ordinary C shares were repurchased by the company. The residual Ordinary A, Ordinary D and Ordinary E shares were all sub-divided from £1 shares to 1p shares. 130,050 of the Ordinary A 1p shares were then reclassified to 62,225 Ordinary D 1p shares and 67,825 Ordinary E 1p shares.

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 June 2024

4,943,735

1,134

4,944,869

Deficit for the year

(294,221

)

(294,221

)

Dividends

(41,971

)

(41,971

)

Purchase of own shares

(70,616

)

375

(70,241

)

At 31 May 2025

4,536,927

1,509

4,538,436

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Colcomb FCCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

12.	RELATED PARTY DISCLOSURES

During the year the company paid rental and insurance costs totalling £92,704 (2024 : £81,252) to a director. At the year end there was £384,921 (2024 : £126,147) outstanding to directors.

13.	EXCEPTIONAL ITEMS

During the period the company paid exceptional costs of £439,273, relating to costs for internal share reorganisations.