BEEHIVE PROJECTS LIMITED

BEEHIVE PROJECTS LIMITED

BEEHIVE PROJECTS LIMITED - Company Information

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BEEHIVE PROJECTS LIMITED

Company Registration Number:
06560405 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2022

Period of accounts

Start date: 06 April 2021

End date: 05 April 2022

BEEHIVE PROJECTS LIMITED

Contents of the Financial Statements

for the Period Ended 05 April 2022

Balance sheet
Notes

BEEHIVE PROJECTS LIMITED

Balance sheet

As at 05 April 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 26,798 112
Total fixed assets: 26,798 112
Current assets
Debtors:     1,500
Cash at bank and in hand: 53,190 60,966
Total current assets: 53,190 62,466
Creditors: amounts falling due within one year:   (2,623) (7,646)
Net current assets (liabilities): 50,567 54,820
Total assets less current liabilities: 77,365 54,932
Total net assets (liabilities): 77,365 54,932
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 77,265 54,832
Shareholders funds: 77,365 54,932

The notes form part of these financial statements

BEEHIVE PROJECTS LIMITED

Balance sheet statements

For the year ending 5 April 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2022
and signed on behalf of the board by:

Name: Miss B E Aird
Status: Director

The notes form part of these financial statements

BEEHIVE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2022

1. Accounting policies

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 25% on reducing balance

Valuation and information policy

Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.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.

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to the profit and loss account in the period to which they relate.

BEEHIVE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

BEEHIVE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2022

3. Tangible Assets

Total
Cost £
At 06 April 2021 955
Additions 35,619
At 05 April 2022 36,574
Depreciation
At 06 April 2021 843
Charge for year 8,933
At 05 April 2022 9,776
Net book value
At 05 April 2022 26,798
At 05 April 2021 112