Be_Our_Guest_Networking_Limited_28_Feb_2026_companies_house_set_of

Be Our Guest Networking Limited

Statement of Financial Position

28 February 2026

		2026		2025
	Note	£		£
Fixed assets
Intangible assets	5	64,151		75,261
Tangible assets	6	8,412		6,169
Investments	7	587,324		587,324
		659,887		668,754
Current assets
Debtors	8	33,077		19,663
Investments	9	354		354
Cash at bank and in hand		160,815		128,653
		194,246		148,670
Creditors: amounts falling due within one year	10	(499,711	)	(428,820	)
Net current liabilities		(305,465	)	(280,150	)
Total assets less current liabilities		354,422		388,604
Creditors: amounts falling due after more than one year	11	(230,509	)	(289,955	)
Provisions for liabilities		(2,103	)	(1,543	)
Net assets		121,810		97,106
Capital and reserves
Called up share capital		100		100
Profit and loss account		121,710		97,006
Shareholders funds		121,810		97,106

For the year ending

28 February 2026

, 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

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.

These

financial statements

were approved by the board of directors and authorised for issue on

31 March 2026

, and are signed on behalf of the board by:



F Davies-Polaine	B Gates
Director	Director

Company registration number:

13200283

Be Our Guest Networking Limited

Notes to the Financial Statements

Year ended

28 February 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

32 High Street

Burnham-on-Crouch

Essex

CM0 8AA

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost convention.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

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

Current tax

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of nil years.

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.

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Patents, trademarks and licences

10% straight line

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery

25% reducing balance

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.

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.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

2.00

5 Intangible assets

	Goodwill	Other intangible assets	Total
	£	£	£
Cost
At 1 March 2025 and 28 February 2026	1	111,100	111,101
Amortisation
At 1 March 2025	-	35,840	35,840
Charge	-	11,110	11,110
At 28 February 2026	-	46,950	46,950
Carrying amount
At 28 February 2026	1	64,150	64,151
At 28 February 2025	1	75,260	75,261

6 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 March 2025	7,972
Additions	4,217
Disposals	(29	)
At 28 February 2026	12,160
Depreciation
At 1 March 2025	1,803
Charge	1,951
Disposals	(6	)
At 28 February 2026	3,748
Carrying amount
At 28 February 2026	8,412
At 28 February 2025	6,169

7 Investments

	Other investments other than loans
	£
Cost
At 1 March 2025	587,324
At 28 February 2026	587,324
Impairment
At 1 March 2025 and 28 February 2026	-
Carrying amount
At 28 February 2026	587,324
At 28 February 2025	587,324

8 Debtors

	2026	2025
	£	£
Trade debtors	32,977	19,563
Other debtors	100	100
	33,077	19,663

9 Investments

	2026		2025
	£		£
Current asset shares in group undertakings	354		354

10 Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	65,098	27,003
Amounts owed to group undertakings and undertakings in which the company has a participating interest	95,823	108,169
Taxation and social security	69,604	75,859
Other creditors	269,186	217,789
	499,711	428,820

11 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Other creditors	230,509		289,955

The aggregate amount of creditors falling due in more than five years was £17,601 (2025: £68,001).

12 Related party transactions

At the balance sheet date the company owed £77,673 (2025: £83,560) to a company under common control.

At the balance sheet date the company owed £18,150 to a company under common control (2025: £24,609 owed by the company under common control).