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COMPANY REGISTRATION NUMBER: 06957339

THEBEC Limited

Filleted Unaudited Financial Statements

30 September 2025

THEBEC Limited

Statement of Financial Position

30 September 2025

| 2025 | 2024
Note | £ | £ | £

Current assets

Debtors | 5 | 73,849 |  | 179,405
Cash at bank and in hand | 121,495 |  | 147,462
| --------- |  | ---------
| 195,344 |  | 326,867

Creditors: amounts falling due within one year | 6 | 154,374 |  | 295,283
| --------- |  | ---------
Net current assets |  | 40,970 | 31,584
|  | -------- | --------
Total assets less current liabilities |  | 40,970 | 31,584
|  | -------- | --------
Net assets |  | 40,970 | 31,584
|  | -------- | --------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | 40,968 | 31,582
|  | -------- | --------
Shareholders funds |  | 40,970 | 31,584
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 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 were approved by the board of directors and authorised for issue on 23 January 2026 , and are signed on behalf of the board by:

Mr Reilly |
Director |

Company registration number: 06957339

THEBEC Limited

Notes to the Financial Statements

Year ended 30 September 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Meriden House Park Road, Tisbury, Salisbury, SP3 6LF, Wiltshire.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable in relation trekking trips excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised on the customer departure date.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Compound instruments Compound instruments comprise both a liability and an equity component. At date of issue, the fair value of the liability component is estimated using the prevailing market interest rate for a similar debt instrument. The liability component is accounted for as a financial liability. The residual is the difference between the net proceeds of issue and the liability component (at time of issue). The residual is the equity component, which is accounted for as an equity instrument. The interest expense on the liability component is calculated applying the effective interest rate for the liability component of the instrument. The difference between this amount and any repayments is added to the carrying amount of the liability in the balance sheet.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 63,745 | 144,009
Other debtors | 10,104 | 35,396
| -------- | ---------
| 73,849 | 179,405
| -------- | ---------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,657 | 4,520
Corporation tax | 17,587 | 10,993
Other creditors | 135,130 | 279,770
| --------- | ---------
| 154,374 | 295,283
| --------- | ---------

7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr Reilly | 4,520 | – | – | 4,520
| Mrs Reilly | – | – | ( 2,863) | ( 2,863)
|  | ------- | ---- | ------- | -------
|  | 4,520 | – | ( 2,863) | 1,657
|  | ------- | ---- | ------- | -------

| 2024
|  | Balance brought forward | Advances/ (credits) to the directors | Amounts repaid | Balance outstanding
|  | £ | £ | £ | £
| Mr Reilly | 2,625 | 1,895 | – | 4,520
| Mrs Reilly | – | – | – | –
|  | ------- | ------- | ---- | -------
|  | 2,625 | 1,895 | – | 4,520
|  | ------- | ------- | ---- | -------

8. Related party transactions
The company was under the control of Mr Reilly throughout the current and previous year. Mr Reilly is the managing director and equal shareholder with Mrs Reilly . No transactions with related parties were undertaken such as are required to be disclosed under section 33 FRS102.