BETL Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14012814

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			33,708		26,012

			33,708		26,012
CURRENT ASSETS
Debtors		13,316		2,200
Cash at bank and in hand		19,724		20,227

		33,040		22,427
Creditors: Amounts Falling Due Within One Year		(55,645 )		(44,822 )

NET CURRENT ASSETS (LIABILITIES)			(22,605 )		(22,395 )

TOTAL ASSETS LESS CURRENT LIABILITIES			11,103		3,617

NET ASSETS			11,103		3,617

CAPITAL AND RESERVES
Called up share capital	4		100		1
Profit and Loss Account			11,003		3,616

SHAREHOLDERS' FUNDS			11,103		3,617

Page 1

Page 2

BETL Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Mr Kai Mcilquham Director	Mr Joao Santos Director
07/05/2026

The notes on page 3 form part of these financial statements.

1. General Information

BETL Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14012814 . The registered office is 96 Lon Y Celyn, Whitchurch, Cardiff, CF14 7BJ.

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	15% reducing balance
Computer Equipment	33% straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
0 Ordinary Shares of £ 0.00 each	-	1
40 Ordinary A shares of £ 1.00 each	40	-
40 Ordinary B shares of £ 1.00 each	40	-
20 Ordinary C shares of £ 1.00 each	20	-

	100	1


Shares issued during the period:	£
40 Ordinary A shares of £ 1.00 each	40
40 Ordinary B shares of £ 1.00 each	40
20 Ordinary C shares of £ 1.00 each	20

	100

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BETL Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026


Shares disposed during the period:	£
1 Ordinary Shares of £ 1.00 each	(1)

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