| B4E Limited |
| Registered number: |
11099341 |
| Abridged Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
409,668 |
|
|
386,673 |
| Tangible assets |
4 |
|
|
8,579 |
|
|
11,149 |
|
|
|
|
418,247 |
|
|
397,822 |
|
| Current assets |
| Debtors |
|
|
2,734 |
|
|
11,681 |
| Cash at bank and in hand |
|
|
51,273 |
|
|
21,711 |
|
|
|
54,007 |
|
|
33,392 |
|
| Creditors: amounts falling due within one year |
|
|
(1,000) |
|
|
(23,272) |
|
| Net current assets |
|
|
|
53,007 |
|
|
10,120 |
|
| Total assets less current liabilities |
|
|
|
471,254 |
|
|
407,942 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(687,167) |
|
|
(603,479) |
|
|
|
| Net liabilities |
|
|
|
(215,913) |
|
|
(195,537) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(215,914) |
|
|
(195,538) |
|
| Shareholders' funds |
|
|
|
(215,913) |
|
|
(195,537) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. |
|
|
|
| Mr I Knezovich |
| Director |
| Approved by the board on 21 April 2026 |
|
| B4E Limited |
| Notes to the Abridged Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Development costs of £22,995 relating to a prototype product have been capitalised as an |
|
intangible asset under development. The asset is not yet available for use and is therefore not |
|
being amortised. Impairment will be assessed annually until the asset is brought into use. |
|
|
Research expenditure is written off to the profit and loss account in the year in which it is incurred. |
|
Development expenditure is capitalised only if it meets the recognition criteria. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and equipment etc |
6 years on cost |
|
Equipment |
6 years on cost |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Digital storage system |
|
|
Cost |
|
At 1 January 2025 |
386,673 |
|
Additions |
22,995 |
|
At 31 December 2025 |
409,668 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
409,668 |
|
At 31 December 2024 |
386,673 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Total |
| £ |
|
Cost |
|
At 1 January 2025 |
28,540 |
|
Additions |
2,546 |
|
At 31 December 2025 |
31,086 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
17,391 |
|
Charge for the year |
5,116 |
|
At 31 December 2025 |
22,507 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
8,579 |
|
At 31 December 2024 |
11,149 |
|
|
| 5 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Unsecured loans |
517,688 |
|
515,113 |
|
|
|
|
|
|
|
|
|
|
At the year-end, the company had an unsecured loan from a third-party lender. The loan is repayable on demand with interest being charged annually at half a percent. At the reporting date the full amount remained outstanding. |
|
|
| 6 |
Related party transactions |
|
|
During the year, the company entered into a financial arrangement with another company under common control. The company received funds under a convertible loan agreement, which will convert into shares in the future. No interest has been charged on the funds. The balance is repayable or convertible into equity in accordance with the terms of the agreement. |
|
|
| 7 |
Other information |
|
|
B4E Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
30 Ocean House |
|
Sea Road |
|
Carlyon Bay |
|
St. Austell |
|
PL25 3FX |