1 March 2024 v2025.56.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP132002832024-03-012025-02-28132002832025-02-28132002832024-02-2913200283core:WithinOneYear2025-02-2813200283core:WithinOneYear2024-02-2913200283core:AfterOneYear2025-02-2813200283core:AfterOneYear2024-02-2913200283core:ShareCapital2025-02-2813200283core:ShareCapital2024-02-2913200283core:RetainedEarningsAccumulatedLosses2025-02-2813200283core:RetainedEarningsAccumulatedLosses2024-02-2913200283bus:Director12024-03-012025-02-2813200283bus:Director22024-03-012025-02-2813200283bus:RegisteredOffice2024-03-012025-02-2813200283core:NetGoodwill2024-03-012025-02-2813200283core:PatentsTrademarksLicencesConcessionsSimilar2024-03-012025-02-2813200283core:PlantMachinery2024-03-012025-02-28132002832023-03-012024-02-2913200283core:NetGoodwill2024-03-0113200283core:IntangibleAssetsOtherThanGoodwill2024-03-01132002832024-03-0113200283core:IntangibleAssetsOtherThanGoodwill2024-03-012025-02-2813200283core:NetGoodwill2025-02-2813200283core:IntangibleAssetsOtherThanGoodwill2025-02-2813200283core:NetGoodwill2024-02-2913200283core:IntangibleAssetsOtherThanGoodwill2024-02-2913200283core:PlantMachinery2024-03-0113200283core:PlantMachinery2025-02-2813200283core:PlantMachinery2024-02-2913200283core:CostValuation2024-03-0113200283core:CostValuation2025-02-2813200283core:CurrentFinancialInstruments2025-02-2813200283core:CurrentFinancialInstruments2024-02-291320028312024-03-012025-02-2813200283countries:EnglandWales2024-03-012025-02-2813200283bus:AuditExempt-NoAccountantsReport2024-03-012025-02-2813200283bus:PrivateLimitedCompanyLtd2024-03-012025-02-2813200283bus:SmallEntities2024-03-012025-02-2813200283bus:FullAccounts2024-03-012025-02-28
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
20252024
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
DirectorDirector
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

GoodwillOther intangible assetsTotal
£££
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

20252024
££
Trade debtors
19,563
 
13,780
 
Other debtors
100
 
100
 
19,663
 
13,880
 

9 Investments

20252024
££
Current asset shares in group undertakings
354
 
354
 

10 Creditors: amounts falling due within one year

20252024
££
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

20252024
££
Other creditors
289,955
 
320,001
 
The aggregate amount of creditors falling due in more than five years was £68,001 (2024: £118,401).