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Registered number: 12514096
Befit Studio Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Plan A Financials Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12514096
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,960 42,464
47,960 42,464
CURRENT ASSETS
Debtors 5 18,333 18,333
Cash at bank and in hand 1,970 820
20,303 19,153
Creditors: Amounts Falling Due Within One Year 6 (62,284 ) (48,825 )
NET CURRENT ASSETS (LIABILITIES) (41,981 ) (29,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,979 12,792
Creditors: Amounts Falling Due After More Than One Year 7 (20,897 ) (10,547 )
NET (LIABILITIES)/ASSETS (14,918 ) 2,245
CAPITAL AND RESERVES
Called up share capital 8 146,000 146,000
Profit and Loss Account (160,918 ) (143,755 )
SHAREHOLDERS' FUNDS (14,918) 2,245
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Rebecca Huggett
Director
29/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Befit Studio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12514096 . The registered office is 17a Victoria Road, Romford, Essex, RM1 2JT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2024 25,080 34,443 59,523
Additions - 13,343 13,343
As at 31 March 2025 25,080 47,786 72,866
Depreciation
As at 1 April 2024 - 17,059 17,059
Provided during the period - 7,847 7,847
As at 31 March 2025 - 24,906 24,906
Net Book Value
As at 31 March 2025 25,080 22,880 47,960
As at 1 April 2024 25,080 17,384 42,464
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 18,333 18,333
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - (2 )
Bank loans and overdrafts 28,550 28,550
Other creditors 21,046 13,870
Taxation and social security 12,688 6,407
62,284 48,825
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 20,897 10,547
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 146,000 146,000
Page 4