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REGISTERED NUMBER: 09119725 (England and Wales)















Financial Statements for the Year Ended 31 July 2018

for

Beaulieu Contracts Ltd

Beaulieu Contracts Ltd (Registered number: 09119725)






Contents of the Financial Statements
for the Year Ended 31 July 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Beaulieu Contracts Ltd

Company Information
for the Year Ended 31 July 2018







DIRECTORS: P Bethell
S Figg





REGISTERED OFFICE: 1 St Nicholas Lodge
Church Street
Brighton
East Sussex
BN1 3LJ





REGISTERED NUMBER: 09119725 (England and Wales)





ACCOUNTANTS: Atkinsons
Chartered Accountants
Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA

Beaulieu Contracts Ltd (Registered number: 09119725)

Balance Sheet
31 July 2018

31.7.18 31.7.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 14,000
Tangible assets 5 16,665 11,947
28,665 25,947

CURRENT ASSETS
Debtors 6 921 7,027
Cash at bank and in hand 15,603 43,565
16,524 50,592
CREDITORS
Amounts falling due within one year 7 55,815 46,001
NET CURRENT (LIABILITIES)/ASSETS (39,291 ) 4,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,626

)

30,538

CREDITORS
Amounts falling due after more than one year 8 (16,608 ) -

PROVISIONS FOR LIABILITIES (3,166 ) (2,439 )
NET (LIABILITIES)/ASSETS (30,400 ) 28,099

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 (30,500 ) 27,999
SHAREHOLDERS' FUNDS (30,400 ) 28,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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.

Beaulieu Contracts Ltd (Registered number: 09119725)

Balance Sheet - continued
31 July 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 13 November 2018 and were signed on its behalf by:





S Figg - Director


Beaulieu Contracts Ltd (Registered number: 09119725)

Notes to the Financial Statements
for the Year Ended 31 July 2018

1. STATUTORY INFORMATION

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

These financial statements have been prepared on the basis that the company will continue to be a going concern. At the
year end the current liabilities exceeded current assets by £39,291. The validity of this basis depends upon the continued
support of the company's directors. The directors confirm that they will give the required support.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Website - 25% on reducing balance
Computer equipment - 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.

Beaulieu Contracts Ltd (Registered number: 09119725)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2017
and 31 July 2018 20,000
AMORTISATION
At 1 August 2017 6,000
Amortisation for year 2,000
At 31 July 2018 8,000
NET BOOK VALUE
At 31 July 2018 12,000
At 31 July 2017 14,000

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery Website equipment Totals
£    £    £    £   
COST
At 1 August 2017 17,747 2,438 2,481 22,666
Additions 7,797 - 2,475 10,272
At 31 July 2018 25,544 2,438 4,956 32,938
DEPRECIATION
At 1 August 2017 8,800 889 1,030 10,719
Charge for year 4,186 387 981 5,554
At 31 July 2018 12,986 1,276 2,011 16,273
NET BOOK VALUE
At 31 July 2018 12,558 1,162 2,945 16,665
At 31 July 2017 8,947 1,549 1,451 11,947

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 31.7.17
£    £   
Trade debtors 910 7,027
Other debtors 11 -
921 7,027

Beaulieu Contracts Ltd (Registered number: 09119725)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 31.7.17
£    £   
Bank loans and overdrafts 35,931 -
Payments on account 4,200 -
Trade creditors 10,721 9,523
Taxation and social security 4,494 33,807
Other creditors 469 2,671
55,815 46,001

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.18 31.7.17
£    £   
Bank loans 16,608 -

9. RESERVES
Retained
earnings
£   

At 1 August 2017 27,999
Deficit for the year (58,499 )
At 31 July 2018 (30,500 )

10. RELATED PARTY DISCLOSURES

Included in other creditors is £469 (2017 - £2,671) which is owed to P Bethell & S Figg, directors and shareholders of the
company. This loan is provided on an interest free basis and is repayable on demand.

No other transactions with related parties were undertaken such as are required to be disclosed under Section 1A Small
Entities of Financial Reporting Standard 102.