1 March 2024 v2025.56.1 limited_company_frs_102_section_1a_v1_1_2 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 13200283 2024-03-01 2025-02-28 13200283 2025-02-28 13200283 2024-02-29 13200283 core:WithinOneYear 2025-02-28 13200283 core:WithinOneYear 2024-02-29 13200283 core:AfterOneYear 2025-02-28 13200283 core:AfterOneYear 2024-02-29 13200283 core:ShareCapital 2025-02-28 13200283 core:ShareCapital 2024-02-29 13200283 core:RetainedEarningsAccumulatedLosses 2025-02-28 13200283 core:RetainedEarningsAccumulatedLosses 2024-02-29 13200283 bus:Director1 2024-03-01 2025-02-28 13200283 bus:Director2 2024-03-01 2025-02-28 13200283 bus:RegisteredOffice 2024-03-01 2025-02-28 13200283 core:NetGoodwill 2024-03-01 2025-02-28 13200283 core:PatentsTrademarksLicencesConcessionsSimilar 2024-03-01 2025-02-28 13200283 core:PlantMachinery 2024-03-01 2025-02-28 13200283 2023-03-01 2024-02-29 13200283 core:NetGoodwill 2024-03-01 13200283 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 13200283 2024-03-01 13200283 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 13200283 core:NetGoodwill 2025-02-28 13200283 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 13200283 core:NetGoodwill 2024-02-29 13200283 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 13200283 core:PlantMachinery 2024-03-01 13200283 core:PlantMachinery 2025-02-28 13200283 core:PlantMachinery 2024-02-29 13200283 core:CostValuation 2024-03-01 13200283 core:CostValuation 2025-02-28 13200283 core:CurrentFinancialInstruments 2025-02-28 13200283 core:CurrentFinancialInstruments 2024-02-29 13200283 1 2024-03-01 2025-02-28 13200283 countries:EnglandWales 2024-03-01 2025-02-28 13200283 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13200283 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13200283 bus:SmallEntities 2024-03-01 2025-02-28 13200283 bus:FullAccounts 2024-03-01 2025-02-28
Company registration number:
13200283
Be Our Guest Networking Limited
Unaudited Filleted Financial Statements for the year ended
28 February 2025
Be Our Guest Networking Limited
Statement of Financial Position
28 February 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Intangible assets | 5 | 75,261 |  | 47,673 |
Tangible assets | 6 | 6,169 |  | 4,091 |
Investments | 7 | 587,324 |  | 587,324 |
|  | 668,754 |  | 639,088 |
Current assets |  |  |  |  |
Debtors | 8 | 19,663 |  | 13,880 |
Investments | 9 | 354 |  | 354 |
Cash at bank and in hand |  | 128,653 |  | 130,474 |
|  | 148,670 |  | 144,708 |
Creditors: amounts falling due within one year | 10 | (428,820 | ) | (367,474 | )
Net current liabilities |  | (280,150 | ) | (222,766 | )
Total assets less current liabilities |  | 388,604 |  | 416,322 |
Creditors: amounts falling due after more than one year | 11 | (289,955 | ) | (320,001 | )
Provisions for liabilities |  | (1,543 | ) | (834 | )
Net assets |  | 97,106 |  | 95,487 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 97,006 |  | 95,387 |
Shareholders funds |  | 97,106 |  | 95,487 |

For the year ending
28 February 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
22 August 2025
, and are signed on behalf of the board by:

F Davies-Polaine | B Gates
Director | Director

Company registration number:
13200283
Be Our Guest Networking Limited
Notes to the Financial Statements
Year ended
28 February 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
C/O Cbhc Ltd, Steeple House
,
Suite 3, First Floor, Church Lane
,
Chelmsford
,
Essex
,
CM1 1NH
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost convention.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

## Current tax

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.

## Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of nil years.

## Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Patents, trademarks and licences | 10% straight line

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 25% reducing balance

## 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.

## 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.

## Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2
).

## 5 Intangible assets

| Goodwill | Other intangible assets | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 March 2024 | 1 |  | 57,080 |  | 57,081 |
Additions | - |  | 54,020 |  | 54,020 |
At 28 February 2025 | 1 |  | 111,100 |  | 111,101 |
Amortisation |  |  |  |  |  |
At 1 March 2024 | - |  | 9,408 |  | 9,408 |
Charge | - |  | 26,432 |  | 26,432 |
At 28 February 2025 | - |  | 35,840 |  | 35,840 |
Carrying amount |  |  |  |  |  |
At 28 February 2025 | 1 |  | 75,260 |  | 75,261 |
At 29 February 2024 | 1 |  | 47,672 |  | 47,673 |

## 6 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 March 2024 | 5,203 |
Additions | 2,769 |
At 28 February 2025 | 7,972 |
Depreciation |  |
At 1 March 2024 | 1,112 |
Charge | 691 |
At 28 February 2025 | 1,803 |
Carrying amount |  |
At 28 February 2025 | 6,169 |
At 29 February 2024 | 4,091 |

## 7 Investments

| Other investments other than loans
--- | ---
| £
Cost |  |
At 1 March 2024 | 587,324 |
At 28 February 2025 | 587,324 |
Impairment |  |
At 1 March 2024 and 28 February 2025 | - |
Carrying amount |  |
At 28 February 2025 | 587,324 |
At 29 February 2024 | 587,324 |

## 8 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 19,563 |  | 13,780 |
Other debtors | 100 |  | 100 |
| 19,663 |  | 13,880 |

## 9 Investments

| 2025 | 2024
--- | --- | ---
| £ | £
Current asset shares in group undertakings | 354 |  | 354 |

## 10 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 27,003 |  | 24,701 |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 108,169 |  | 139,969 |
Taxation and social security | 75,859 |  | 75,548 |
Other creditors | 217,789 |  | 127,256 |
| 428,820 |  | 367,474 |

## 11 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 289,955 |  | 320,001 |

The aggregate amount of creditors falling due in more than five years was £68,001 (2024: £118,401).

## 12 Related party transactions

At the balance sheet date the company owed £83,560 (2024: £166,865) to a company under common control.
At the balance sheet date the company owed £24,609 to a company under common control (2024: £26,861 owed by the company under common control).