Company Registration No. 10250764 (England and Wales)
BEAM SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 June 2021
BEAM SOLUTIONS LIMITED
Unaudited accounts
Contents
BEAM SOLUTIONS LIMITED
Company Information
for the year ended 30 June 2021
Company Number
10250764 (England and Wales)
Registered Office
1 Dowletts Road
Dagenham
Essex
RM8 1FJ
Accountants
VIBRANT & CO ACCOUNTANCY LTD
Balfour Business Centre
390-392 High Road
Ilford
IG1 1BF
BEAM SOLUTIONS LIMITED
Statement of financial position
as at
30 June 2021
Tangible assets
1,052
636
Cash at bank and in hand
1,877
1,459
Creditors: amounts falling due within one year
1,551
423
Net current assets
3,428
1,882
Called up share capital
1
1
Profit and loss account
4,479
2,517
Shareholders' funds
4,480
2,518
For the year ending 30 June 2021 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 December 2021 and were signed on its behalf by
FAWWAD ZAFAR
Director
Company Registration No. 10250764
BEAM SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 June 2021
BEAM SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10250764. The registered office is 1 Dowletts Road, Dagenham, Essex, RM8 1FJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2020
508
288
796
At 30 June 2021
1,187
288
1,475
At 1 July 2020
102
58
160
Charge for the year
217
46
263
At 30 June 2021
319
104
423
At 30 June 2021
868
184
1,052
At 30 June 2020
406
230
636
BEAM SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 June 2021
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
221
954
Loans from directors
(3,968)
(2,672)
6
Average number of employees
During the year the average number of employees was 1 (2020: 1).