IRIS Accounts Production v23.2.0.158 00448757 director 1.2.22 31.1.23 31.1.23 true false true false false true false Ordinary Share Capital 1.00000 Ordinary A Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004487572022-01-31004487572023-01-31004487572022-02-012023-01-31004487572021-01-31004487572021-02-012022-01-31004487572022-01-3100448757ns10:Originalns15:EnglandWales2022-02-012023-01-3100448757ns14:PoundSterlingns10:Original2022-02-012023-01-3100448757ns10:Originalns10:Director12022-02-012023-01-3100448757ns10:Original2022-02-012023-01-3100448757ns10:Original2023-01-3100448757ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3100448757ns10:Originalns10:SmallEntities2022-02-012023-01-3100448757ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3100448757ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3100448757ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3100448757ns10:Originalns10:AbridgedAccounts2022-02-012023-01-3100448757ns10:Originalns10:OrdinaryShareClass12022-02-012023-01-3100448757ns10:Originalns10:OrdinaryShareClass22022-02-012023-01-3100448757ns10:CompanySecretary1ns10:Original2022-02-012023-01-3100448757ns10:Originalns10:RegisteredOffice2022-02-012023-01-3100448757ns10:Original2022-01-3100448757ns10:Originalns5:CurrentFinancialInstruments2023-01-3100448757ns10:Originalns5:CurrentFinancialInstruments2022-01-3100448757ns10:Originalns5:Non-currentFinancialInstruments2023-01-3100448757ns10:Originalns5:Non-currentFinancialInstruments2022-01-3100448757ns5:ShareCapitalns10:Original2023-01-3100448757ns5:ShareCapitalns10:Original2022-01-3100448757ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3100448757ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3100448757ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-02-012023-01-3100448757ns10:Originalns5:PlantMachinery2022-02-012023-01-3100448757ns10:Originalns5:MotorVehicles2022-02-012023-01-3100448757ns10:Original2021-02-012022-01-3100448757ns10:Original2022-01-3100448757ns10:Originalns10:OrdinaryShareClass12023-01-3100448757ns10:Originalns10:OrdinaryShareClass22023-01-31
REGISTERED NUMBER: 00448757 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Bee Mill Industrial Units Ltd

Bee Mill Industrial Units Ltd (Registered number: 00448757)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Bee Mill Industrial Units Ltd

Company Information
for the year ended 31 January 2023







DIRECTOR: M R Banister



SECRETARY: Mrs J M Banister



REGISTERED OFFICE: Bee Mill
Ribchester
Preston
Lancashire
PR3 3XJ



REGISTERED NUMBER: 00448757 (England and Wales)



ACCOUNTANTS: Mayes Business Partnership Ltd
Chartered Certified Accountants
22-28 Willow Street
Accrington
Lancashire
BB5 1LP



BANKERS: National Westminster Bank PLC
35 Fishergate
Preston
Lancsahire
PR1 2BY

Bee Mill Industrial Units Ltd (Registered number: 00448757)

Abridged Balance Sheet
31 January 2023

31/1/23 31/1/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 872,918 886,401

CURRENT ASSETS
Debtors 26,654 21,089
Cash at bank and in hand 182,878 165,085
209,532 186,174
CREDITORS
Amounts falling due within one year 157,243 108,160
NET CURRENT ASSETS 52,289 78,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

925,207

964,415

CREDITORS
Amounts falling due after more than one
year

-

(28,341

)

PROVISIONS FOR LIABILITIES (10,451 ) (10,813 )
NET ASSETS 914,756 925,261

CAPITAL AND RESERVES
Called up share capital 5 132,338 132,338
Retained earnings 782,418 792,923
SHAREHOLDERS' FUNDS 914,756 925,261

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

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

The director acknowledges his 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.

Bee Mill Industrial Units Ltd (Registered number: 00448757)

Abridged Balance Sheet - continued
31 January 2023


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 January 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 director and authorised for issue on 7 September 2023 and were signed by:





M R Banister - Director


Bee Mill Industrial Units Ltd (Registered number: 00448757)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Bee Mill Industrial Units 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
The company owns an industrial mill which is split into units which are rented. Income is recognised in the month which the rent becomes payable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Buildings have previously been revalued by the company. The company is making use of the transitional provisions of the Financial Reporting Standard 102 1A for smaller entities (effective January 2016) and have retained the buildings at valuation less depreciation.
The depreciation is charged proportionately to the profit and loss account.

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

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.

Bee Mill Industrial Units Ltd (Registered number: 00448757)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Intercompany loan
The intercompany loan has not been accounted for in accordance with FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022 1,275,672
Additions 8,228
At 31 January 2023 1,283,900
DEPRECIATION
At 1 February 2022 389,271
Charge for year 21,711
At 31 January 2023 410,982
NET BOOK VALUE
At 31 January 2023 872,918
At 31 January 2022 886,401

Included in cost of land and buildings is freehold land of £ 568,090 (2022 - £ 568,090 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 February 2022
and 31 January 2023 48,450
DEPRECIATION
At 1 February 2022 17,442
Charge for year 6,202
At 31 January 2023 23,644
NET BOOK VALUE
At 31 January 2023 24,806
At 31 January 2022 31,008

Bee Mill Industrial Units Ltd (Registered number: 00448757)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/23 31/1/22
value: £    £   
132,275 Ordinary Share Capital £1 132,275 132,275
63 Ordinary A Shares £1 63 63
132,338 132,338