Bean & Co Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09363749 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

BEAN & CO LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E Sicander

Mrs M Sicander

REGISTERED OFFICE:

1 Sheffield Road

Southborough

Tunbridge Wells

Kent

TN4 0PD

REGISTERED NUMBER:

09363749 (England and Wales)

ACCOUNTANTS:

Raymond Benn & Co Limited

Chartered Certified Accountants

1 Sheffield Road

Southborough

TUNBRIDGE WELLS

Kent

TN4 0PD

FIXED ASSETS

Tangible assets

4

746

994

Investments

5

235

235

981

1,229

CURRENT ASSETS

Debtors

741,621

620,401

Cash at bank

20,951

157,134

762,572

777,535

CREDITORS

Amounts falling due within one year

(12,258

)

(72,069

)

NET CURRENT ASSETS

750,314

705,466

TOTAL ASSETS LESS CURRENT LIABILITIES

751,295

706,695

CREDITORS

Amounts falling due after more than one year

(75,691

)

(70,740

)

PROVISIONS FOR LIABILITIES

(144

)

(189

)

NET ASSETS

675,460

635,766

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

675,360

635,666

SHAREHOLDERS' FUNDS

675,460

635,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Balance Sheet for the year ended 31 March 2023 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 Board of Directors and authorised for issue on 13 December 2023 and were signed on its behalf by:

E Sicander - Director

1.	STATUTORY INFORMATION

Bean & Co 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.

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

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

and 31 March 2023

1,940

DEPRECIATION

At 1 April 2022

946

Charge for year

248

At 31 March 2023

1,194

NET BOOK VALUE

At 31 March 2023

746

At 31 March 2022

994

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2022

and 31 March 2023

235

NET BOOK VALUE

At 31 March 2023

235

At 31 March 2022

235

The unlisted investment comprises the cost of a holding of 300 shares of 0.10 euros each in Createx BV, a company registered in The Netherlands, and represents one third of the issued share capital of that company.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023

2022

£

£

E Sicander

Balance outstanding at start of year

315,754

161,991

Amounts advanced

109,595

153,763

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

425,349

315,754