Company Registration No. 11177382 (England and Wales)
BEETROOT LABS LIMITED
Unaudited accounts
for the year ended 31 January 2023
BEETROOT LABS LIMITED
Unaudited accounts
Contents
BEETROOT LABS LIMITED
Company Information
for the year ended 31 January 2023
Directors
ZACHARIADIS, Markos
LIGNOU, Stella
Company Number
11177382 (England and Wales)
Registered Office
14 Jesse Terrace
Reading
RG1 7RT
BEETROOT LABS LIMITED
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
100,224
119,774
Creditors: amounts falling due within one year
(27,782)
(18,458)
Net current assets
123,846
114,001
Net assets
145,164
114,001
Called up share capital
1
1
Profit and loss account
145,163
114,000
Shareholders' funds
145,164
114,001
For the year ending 31 January 2023 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 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
ZACHARIADIS, Markos
Director
Company Registration No. 11177382
BEETROOT LABS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
BEETROOT LABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11177382. The registered office is 14 Jesse Terrace, Reading, RG1 7RT.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
4
Tangible fixed assets
Plant & machinery
BEETROOT LABS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
5
Investments
Other investments
Valuation at 1 February 2022
-
Valuation at 31 January 2023
15,251
Amounts falling due within one year
Trade debtors
51,278
11,607
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,355
4,989
Other creditors
20,094
13,169
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
