Beatfreeks Consulting Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09265142 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31 December 2020

for

Beatfreeks Consulting Ltd.

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A M Morridadi

REGISTERED OFFICE:

Po Box B9 4at

101/102 Zellig. Gibb Street. 101/102 Zel

Gibb Street

Birmingham

B9 4AT

REGISTERED NUMBER:

09265142 (England and Wales)

ACCOUNTANTS:

CJM Associates

St Thomas House

83 Wolverhampton Road

Cannock

Staffordshire

WS11 1AR

FIXED ASSETS

Tangible assets

4

4,792

6,758

CURRENT ASSETS

Debtors

134,656

53,897

Cash at bank and in hand

526,486

456,937

661,142

510,834

CREDITORS

Amounts falling due within one year

180,315

258,987

NET CURRENT ASSETS

480,827

251,847

TOTAL ASSETS LESS CURRENT LIABILITIES

485,619

258,605

PROVISIONS FOR LIABILITIES

(362

)

(362

)

ACCRUALS AND DEFERRED INCOME

(36,708

)

-

NET ASSETS

448,549

258,243

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

448,449

258,143

448,549

258,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2021 and were signed by:

Mrs A M Morridadi - Director

1.	STATUTORY INFORMATION

Beatfreeks Consulting Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

There were no significant judgements or estimates used in the preparation of these financial statements.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation 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.

Deferred tax

Deferred 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2019 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2020

13,404

Additions

882

At 31 December 2020

14,286

DEPRECIATION

At 1 January 2020

6,646

Charge for year

2,848

At 31 December 2020

9,494

NET BOOK VALUE

At 31 December 2020

4,792

At 31 December 2019

6,758

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the board of directors.