REGISTERED NUMBER: 07202427 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

BEETROOT 56 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M S Ralph

REGISTERED OFFICE:

30 The Ridgeway

Radlett

Hertfordshire

WD7 8PS

REGISTERED NUMBER:

07202427 (England and Wales)

ACCOUNTANTS:

KNIGHT WHEELER LIMITED

Chartered Accountants

54 Sun Street

Waltham Abbey

Essex

EN9 1EJ

FIXED ASSETS

Tangible assets

4

4,124

5,498

CURRENT ASSETS

Debtors

5

250

542

Cash at bank

3,018

6,898

3,268

7,440

CREDITORS

Amounts falling due within one year

6

(7,479

)

(28,998

)

NET CURRENT LIABILITIES

(4,211

)

(21,558

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(87

)

(16,060

)

PROVISIONS FOR LIABILITIES

7

(517

)

(747

)

NET LIABILITIES

(604

)

(16,807

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

(606

)

(16,809

)

SHAREHOLDERS' FUNDS

(604

)

(16,807

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 December 2025 and were signed by:

M S Ralph - Director

1.	STATUTORY INFORMATION

Beetroot 56 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.

The financial statements are presented in sterling (£), which is also the functional currency for the company.

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.

Going concern

The director and the related undertaking have confirmed that they will continue to support the company for at least the next twelve months from the date of approving these financial statements and as a result, the company continues to adopt the going concern basis in preparing its financial statements.

Turnover

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

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

-

25% on reducing balance

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 material 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 the profit and loss account on a straight line basis over the period of the lease.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit and loss account unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 September 2024

and 31 August 2025

79,615

DEPRECIATION

At 1 September 2024

74,117

Charge for year

1,374

At 31 August 2025

75,491

NET BOOK VALUE

At 31 August 2025

4,124

At 31 August 2024

5,498

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

150

450

Prepayments

100

92

250

542

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

390

60

Other creditors

1,000

1,000

Tax

2,151

-

Accruals

1,203

1,203

Amount due to related

undertaking

2,735

26,735

7,479

28,998

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

517

747

Deferred

tax

£

Balance at 1 September 2024

747

Credit to Income Statement during year

(230

)

Balance at 31 August 2025

517

Deferred tax arises due to the timing differences between accelerated capital allowances on plant and equipment and the net book value of the same at the year end and has been provided for at 25%.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 September 2024

(16,809

)

Profit for the year

16,203

At 31 August 2025

(606

)

10.	OPERATING LEASE COMMITMENTS

The following operating lease commitments will result in rent being paid as follows:

2025 2024

£ £

Within one year 21,294 21,294

11.	RELATED PARTY DISCLOSURES

During the year, Beetroot 56 Ltd received £70,200 recording studio rental income from Club Ralph Ltd (2024: £53,000). This was considered by the director of Beetroot 56 Ltd to be at fair open market value.

At 31 August 2025 Beetroot 56 Ltd owed £2,735 to Club Ralph Ltd (2024: £26,735). Mr M Ralph is a director of Club Ralph Ltd.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is M S Ralph.