REGISTERED NUMBER: 03877089 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Bee Robotics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Jones

A Morus

SECRETARY:

REGISTERED OFFICE:

Unit 32-33

Cibyn Industrial Estate

Caernarfon

Gwynedd

LL55 2BD

REGISTERED NUMBER:

03877089 (England and Wales)

ACCOUNTANTS:

A.Hughes-Jones, Dyson & Co.

Capel Moreia

South Penrallt

Caernarfon

Gwynedd

LL55 1NS

FIXED ASSETS

Intangible assets

4

1,631,823

1,473,918

Tangible assets

5

1,390

1,737

1,633,213

1,475,655

CURRENT ASSETS

Stocks

185,000

180,000

Debtors

6

340,580

236,660

Cash at bank

1,051,725

1,357,189

1,577,305

1,773,849

CREDITORS

Amounts falling due within one year

7

181,252

169,733

NET CURRENT ASSETS

1,396,053

1,604,116

TOTAL ASSETS LESS CURRENT LIABILITIES

3,029,266

3,079,771

CAPITAL AND RESERVES

Called up share capital

75

75

Capital redemption reserve

(424,980

)

(424,980

)

Retained earnings

3,454,171

3,504,676

SHAREHOLDERS' FUNDS

3,029,266

3,079,771

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 7th October 2025 and were signed on its behalf by:

S Jones - Director

1.	STATUTORY INFORMATION

Bee Robotics 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.

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.

Research & Development are being amortised evenly over their estimated useful life of nil years.

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 etc

-

20% on cost

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 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

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 19 (2023 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

3,914,314

Additions

414,656

At 31st December 2024

4,328,970

AMORTISATION

At 1st January 2024

2,440,396

Charge for year

256,751

At 31st December 2024

2,697,147

NET BOOK VALUE

At 31st December 2024

1,631,823

At 31st December 2023

1,473,918

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

34,704

DEPRECIATION

At 1st January 2024

32,967

Charge for year

347

At 31st December 2024

33,314

NET BOOK VALUE

At 31st December 2024

1,390

At 31st December 2023

1,737

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

249,609

142,755

Other debtors

90,971

93,905

340,580

236,660

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

9,184

-

Trade creditors

134,956

133,442

Taxation and social security

17,776

18,067

Other creditors

19,336

18,224

181,252

169,733