IRIS Accounts Production v23.2.0.158 14204269 Board of Directors 29.6.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh142042692022-06-28142042692023-03-31142042692022-06-292023-03-31142042692022-06-2814204269ns10:Originalns15:EnglandWales2022-06-292023-03-3114204269ns14:PoundSterlingns10:Original2022-06-292023-03-3114204269ns10:Originalns10:Director12022-06-292023-03-3114204269ns10:Original2022-06-292023-03-3114204269ns10:Original2023-03-3114204269ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-292023-03-3114204269ns10:Originalns10:SmallEntities2022-06-292023-03-3114204269ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-292023-03-3114204269ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-292023-03-3114204269ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-292023-03-3114204269ns10:Originalns10:FullAccounts2022-06-292023-03-3114204269ns10:Originalns10:Director22022-06-292023-03-3114204269ns10:Originalns10:Director32022-06-292023-03-3114204269ns10:Originalns10:Director42022-06-292023-03-3114204269ns10:Originalns10:RegisteredOffice2022-06-292023-03-3114204269ns10:Originalns5:CurrentFinancialInstruments2023-03-3114204269ns5:ShareCapitalns10:Original2023-03-3114204269ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3114204269ns10:Originalns5:PlantMachinery2022-06-292023-03-3114204269ns10:Originalns5:PlantMachinery2023-03-31
REGISTERED NUMBER: 14204269 (England and Wales)















BEVON PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 JUNE 2022 TO 31 MARCH 2023






BEVON PROPERTIES LIMITED (REGISTERED NUMBER: 14204269)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 JUNE 2022 TO 31 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BEVON PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 JUNE 2022 TO 31 MARCH 2023







DIRECTORS: J K Whiteside
D B Whiteside
B B Whiteside
C S Whiteside





REGISTERED OFFICE: The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN





REGISTERED NUMBER: 14204269 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
Chartered Accountants
The Exchange
5 Bank Street
Bury
BL9 0DN

BEVON PROPERTIES LIMITED (REGISTERED NUMBER: 14204269)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

Notes £   
FIXED ASSETS
Property, plant and equipment 4 1,079

CURRENT ASSETS
Cash at bank and in hand 8,753

CREDITORS
Amounts falling due within one year 5 (12,557 )
NET CURRENT LIABILITIES (3,804 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,725

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (2,825 )
(2,725 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 27 October 2023 and were signed on its behalf by:





J K Whiteside - Director


BEVON PROPERTIES LIMITED (REGISTERED NUMBER: 14204269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 JUNE 2022 TO 31 MARCH 2023


1. STATUTORY INFORMATION

Bevon Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 14204269 and registered office address is The Exchange, 5 Bank Street, Bury, BL9 0DN.

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.

At the statement of financial position, the company had net liabilities of £2,725 and reported a net loss in the first accounting period. The company is currently in the process of scouting for potential properties which will require considerable investment. The directors have confirmed that repayment of the directors' loan account balances of £11,777 will not be sought until the company is a position to do this comfortably.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the directors continue to adopt the going concern basis in preparing the financial statements.

Significant judgements and estimates
There are currently no significant judgements and estimates applied by the directors which are considered key to the preparation of the financial statements.

Property, plant and equipment
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

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Taxation
Taxation for the period 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 statement of financial position date.

BEVON PROPERTIES LIMITED (REGISTERED NUMBER: 14204269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 JUNE 2022 TO 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
Additions 1,079
At 31 March 2023 1,079
NET BOOK VALUE
At 31 March 2023 1,079

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 12,557