Bespa Ltd - Filleted accounts

Registered number

03433035

Bespa Ltd

Unaudited Filleted Accounts

31 October 2025

Bespa Ltd
Registered number:		03433035
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		14,886			27,805

Current assets
Debtors	5	451,665			484,622
Cash at bank and in hand		151,503			460,250
		603,168			944,872

Creditors: amounts falling due within one year	6	(337,251)			(701,231)

Net current assets			265,917			243,641

Total assets less current liabilities			280,803			271,446

Creditors: amounts falling due after more than one year	7		(15,389)			(20,078)

Provisions for liabilities			(1,892)			(5,719)


Net assets			263,522			245,649

Capital and reserves
Called up share capital			100			100
Profit and loss account			263,422			245,549

Shareholders' funds			263,522			245,649

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.




Mrs H Bedford
Director
Approved by the board on 5 May 2026

Bespa Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The 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).The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Leasehold improvements			over 5 years
	Fixtures, fittings, tools and equipment			over 3 years

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

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		6


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 November 2024							2,225
	At 31 October 2025							2,225

	Amortisation
	At 1 November 2024							2,225
	At 31 October 2025							2,225

	Net book value
	At 31 October 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 November 2024			26,400		24,541		50,941
	At 31 October 2025			26,400		24,541		50,941

	Depreciation
	At 1 November 2024			11,850		12,745		24,595
	Charge for the year			5,456		6,004		11,460
	At 31 October 2025			17,306		18,749		36,055

	Net book value
	At 31 October 2025			9,094		5,792		14,886
	At 31 October 2024			14,550		11,796		26,346


5	Debtors					2025		2024
£							£

	Trade debtors					16,671		91,304
	Other debtors					434,994		393,318
						451,665		484,622


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,689		4,573
	Trade creditors					149,998		137,803
	Taxation and social security costs					121,570		146,891
	Other creditors					60,994		411,964
						337,251		701,231


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					15,389		20,078


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					20,250		33,750


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director
	Interest free and repayable on demand	7,418		2,156		(11,107)		(1,533)

		7,418		2,156		(11,107)		(1,533)


10	Other information

	Bespa Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 17
	De Havilland Road
	Skypark
	Exeter
	EX5 2GE

	The company had entered into a debenture agreement containing fixed and floating charges over its property and/or undertakings. This debenture, which was repayable on demand if covenants were breached, was fully repaid during the year.