BETEC LTD - Filleted accounts

Registered number

03685286

BETEC LTD

Filleted Accounts

31 March 2025

BETEC LTD
Registered number:		03685286
Balance Sheet
as at 31 March 2025

Notes			2025			2023
£				£
Fixed assets
Tangible assets	2		77,171			55,282

Current assets
Stocks		13,500			13,500
Debtors	3	137,624			67,283
Cash at bank and in hand		61,723			95,975
		212,847			176,758

Creditors: amounts falling due within one year	4	(120,228)			(128,029)

Net current assets			92,619			48,729

Total assets less current liabilities			169,790			104,011

Creditors: amounts falling due after more than one year	5		(64,021)			(18,303)



Net assets			105,769			85,708

Capital and reserves
Called up share capital			2			2
Profit and loss account			105,767			85,706

Shareholders' funds			105,769			85,708

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Richard Jamie Hicks
Director
Approved by the board on 22 September 2026

BETEC LTD
Notes to the Accounts
for the period from 1 January 2024 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
0	Employees					2025		2023
Number							Number

	Average number of persons employed by the company					4		3
2	Tangible fixed assets
		Fixtures, fittings and equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	10,327		10,192		65,747		86,266
	Additions	-		-		33,336		33,336
	At 31 March 2025	10,327		10,192		99,083		119,602

	Depreciation
	At 1 January 2024	5,848		10,012		15,124		30,984
	Charge for the period	4,479		180		6,788		11,447
	At 31 March 2025	10,327		10,192		21,912		42,431

	Net book value
	At 31 March 2025	-		-		77,171		77,171
	At 31 December 2023	4,479		180		50,623		55,282


3	Debtors					2025		2023
£							£

	Trade debtors					63,686		63,686
	Other debtors					73,938		3,597
						137,624		67,283


4	Creditors: amounts falling due within one year					2025		2023
£							£

	Bank loans and overdrafts					2,792		2,020
	Taxation and social security costs					117,436		126,009
						120,228		128,029


5	Creditors: amounts falling due after one year					2025		2023
£							£

	Bank loans					-		3,303
	Obligations under finance lease and hire purchase contracts					64,021		13,487
	Trade creditors					-		-
	Other creditors					-		1,513
						64,021		18,303


6	Other information

	BETEC LTD is a private company limited by shares and incorporated in England. Its registered office is:
	55 Send Barns Lane
	Send
	Woking
	England
	GU23 7BS