BEAMZ TRUST CIC

Company limited by guarantee

Company Registration Number:
12925511 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

BEAMZ TRUST CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BEAMZ TRUST CIC

Profit And Loss Account

for the Period Ended 31 October 2025

2025 2024


£

£
Turnover: 800 3,350
Cost of sales: ( 332 ) ( 4,834 )
Gross profit(or loss): 468 (1,484)
Administrative expenses: ( 1,644 ) ( 96 )
Operating profit(or loss): (1,176) (1,580)
Profit(or loss) before tax: (1,176) (1,580)
Profit(or loss) for the financial year: (1,176) (1,580)

BEAMZ TRUST CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 230 307
Total fixed assets: 230 307
Current assets
Stocks: 4 615 615
Cash at bank and in hand: 2,464 3,563
Total current assets: 3,079 4,178
Creditors: amounts falling due within one year: 5 ( 1,910 ) ( 1,910 )
Net current assets (liabilities): 1,169 2,268
Total assets less current liabilities: 1,399 2,575
Creditors: amounts falling due after more than one year: 6 ( 9,699 ) ( 9,699 )
Total net assets (liabilities): (8,300) (7,124)
Members' funds
Profit and loss account: (8,300) ( 7,124)
Total members' funds: ( 8,300) (7,124)

The notes form part of these financial statements

BEAMZ TRUST CIC

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 July 2026
and signed on behalf of the board by:

Name: Nicholas Coates
Status: Director

The notes form part of these financial statements

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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, and other similar services.

    Tangible fixed assets depreciation policy

    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 and Machinery - 25% Reducing Balance Computer Equipment - 25% Reducing Balance

    Other accounting policies

    Stocks and Work in Progress Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowances for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract basis by recording turnover and related costs as contract activity progresses.

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2024 500 500 1,000
Additions
Disposals
Revaluations
Transfers
At 31 October 2025 500 500 1,000
Depreciation
At 1 November 2024 347 346 693
Charge for year 38 39 77
On disposals
Other adjustments
At 31 October 2025 385 385 770
Net book value
At 31 October 2025 115 115 230
At 31 October 2024 153 154 307

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Stocks

2025 2024
£ £
Stocks 615 615
Total 615 615

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 312
Other creditors 1,910 1,598
Total 1,910 1,910

BEAMZ TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 9,699 9,699
Total 9,699 9,699

COMMUNITY INTEREST ANNUAL REPORT

BEAMZ TRUST CIC

Company Number: 12925511 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

BEAMZ Trust CIC have challenged the triple-threat issue of Climate-emergency, biodiversity loss and poor wellbeing. Each of these are a cause of the other two, and are in turn caused by the other two. There are so many interdependencies and feedback loops that they all need to be tackled together. And BEAMZ are tackling it with wooden bicycles. The biggest sector of our excessive energy use is embodied energy. That is the energy required to make all the ‘stuff’ we consume in our day to day lives. Most of this energy is used in the mining and refining of the materials from which they are made. Because these processes take place in distant lands we have little knowledge or oversight of the process. For this reason the environmental outcome of our purchases are not included in the UK total BEAMZ are demonstrating that a remarkable sustainable material is growing in our local area. The bikes are made from Coppice wood poles. Small broadleaf trees grow in parklands, roadsides and riversides, as well as coppice-managed woodland. When these trees are cut, the root live on and generates a new set of poles which can be cut again in 7 to 12 years. The root continues to sequester carbon, support the soil and maintain the porosity of the soil, reducing flooding. Periodic cutting of the poles lower the canopy allowing sunlight to reach the woodland floor. This unleashed a flowering of woodland plants which have lain dormant during the dark period. These support invertebrates which are the base of the food-chain for amphibians, reptiles, mammals and birds. These animals poop and die in the woodland providing a supply of nutrient to support the regeneration of the trees. Using the poles in their natural state minimises processing and offers high strength because the grain structure is uninterrupted. Using this material to make bike frames BEAMZ are putting it head to head with the best structural materials available. The process creates working and volunteering opportunities which involve working in woodland, working with wood, working with your hands and working to push back on the triple-threat problem. Once the bikes leave the workshop, they attract plenty of attention, offering us a great opportunity to draw attention to the important issues. BEAMZ are also pioneering ways to sustain and support the rider’s attachment to the bike, both by technical support of the bike and creating a riding community to emotional support the rider. This will ensure a long product life. BEAMZ is unusual in encompassing a significant technical development to develop the processing of the material, debarking, hollowing and joining, in a way that creates a reliable structure in an economic time. Much of the workload in the 23-24 year has been improving the special machinery and jigs used in this process and significant advances have been made. Improved processes for binding the joints have greatly enhanced the reliability and appearance of the bikes.

Consultation with stakeholders

Consultation with stakeholders, together with other BEAMZ activity during the 24 -25 year has been seriously curtailed by a health issue suffered by my wife and fellow director Sarah Coates, whose care will be the focus of my attention in future. This, together with my advancing years have led to reflections on the future of BEAMZ. A number of factors have become clear. 1. I have had no success in attracting other board members who would be in a position to take on some of the functions of running the CIC, such as community engagement. I have also been brought to the conclusion that my own ability at multi-tasking is a limitation. 2. Some of the running costs such as insurance are high, due to the need to cover the use of bicycles of non-standard materials and the potential for accidents. 3. The sale price of the bikes has covered the materials and parts, but has never come close to a reasonable return on the months of work required to build and finish a bike, from woodland to the road. We have had some remarkable achievements such as building a pair of bikes in 2016 which have been giving continuous service since, and building the Tower Power bike, which adventurer Jordan Wylie MBE rode from Pisa in Italy to Blackpool, some 3000km in 30 days, carrying his camping gear. 4. I also have to address a backlog of repairs to my house, including modifications to reduce its environmental impact and energy costs and make it ready for future climate events. For that reason, I have with regret decided to bring BEAMZ trust CIC to a close. I hope that in my own time I will be able to document the learning that has been gained from the experience.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 July 2026

And signed on behalf of the board by:
Name: Nicholas Coates
Status: Director