Company Registration No. 10553617 (England and Wales)
Beadvised Ltd
Unaudited accounts
for the year ended 31 March 2021
Beadvised Ltd
Unaudited accounts
Contents
Beadvised Ltd
Company Information
for the year ended 31 March 2021
Company Number
10553617 (England and Wales)
Registered Office
6 BROOME MANOR LANE
SWINDON
SN3 1LX
ENGLAND
Accountants
Accounts On Us Ltd
Suite 5, Crowood House
Gipsy Lane
Swindon
Wilts
SN2 8YY
Beadvised Ltd
Statement of financial position
as at
31 March 2021
Tangible assets
3,364
4,485
Cash at bank and in hand
6,832
33,499
Creditors: amounts falling due within one year
53,111
(13,905)
Net current assets
59,943
19,594
Total assets less current liabilities
63,307
24,079
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
1
1
Profit and loss account
13,306
24,078
Shareholders' funds
13,307
24,079
For the year ending 31 March 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 21 October 2021 and were signed on its behalf by
Mr Dan Taylor
Director
Company Registration No. 10553617
Beadvised Ltd
Notes to the Accounts
for the year ended 31 March 2021
Beadvised Ltd is a private company, limited by shares, registered in England and Wales, registration number 10553617. The registered office is 6 BROOME MANOR LANE, SWINDON, SN3 1LX, ENGLAND.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2020
889
6,141
7,030
At 31 March 2021
889
6,141
7,030
At 1 April 2020
318
2,227
2,545
Charge for the year
143
978
1,121
At 31 March 2021
461
3,205
3,666
At 31 March 2021
428
2,936
3,364
At 31 March 2020
571
3,914
4,485
Beadvised Ltd
Notes to the Accounts
for the year ended 31 March 2021
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
8,512
13,010
Loans from directors
(62,847)
-
6
Creditors: amounts falling due after more than one year
2021
2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
62,847
-
62,847
Directors loan repayments made after the end of the period (31/03/2021)
07/05/2021 - £25,000
10/05/2021 - £15,000
30/09/2021 - £22,847
8
Average number of employees
During the year the average number of employees was 4 (2020: 4).