Registered number
13287657
Beaumont Fairhall Limited
Unaudited Filleted Accounts
31 March 2023
Beaumont Fairhall Limited
Report and accounts
Contents
Page
Company information 1
Director's report 2
Chartered Accountants' report 3
Balance sheet 4
Notes to the accounts 5
Beaumont Fairhall Limited
Company Information
Director
Mrs C Fairhall
Accountants
Cochrane & Co Accountants Limited
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
Registered office
40 Crescent Road
Gosport
PO12 2DN
Registered number
13287657
Beaumont Fairhall Limited
Registered number: 13287657
Director's Report
The director presents her report and accounts for the year ended 31 March 2023.
Principal activities
The company's principal activity during the year was that of property investment.
Directors
The following persons served as directors during the year:
Mrs C Fairhall
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 19 July 2023 and signed on its behalf.
Mrs C Fairhall
Director
Beaumont Fairhall Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Beaumont Fairhall Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Beaumont Fairhall Limited for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Cochrane & Co Accountants Limited
Chartered Accountants
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
20 July 2023
Beaumont Fairhall Limited
Registered number: 13287657
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 54,477 54,477
Current assets
Debtors 4 2,361 -
Cash at bank and in hand 5,613 15,970
7,974 15,970
Creditors: amounts falling due within one year 5 (58,907) (69,210)
Net current liabilities (50,933) (53,240)
Net assets 3,544 1,237
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,543 1,236
Shareholder's funds 3,544 1,237
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C Fairhall
Director
Approved by the board on 19 July 2023
Beaumont Fairhall Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is rental income.
Investment properties
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the profit and loss.

The property was purchased in the prior year and as such the director believes the value represented fair value at the year end.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2022 54,477
At 31 March 2023 54,477
Depreciation
At 31 March 2023 -
Net book value
At 31 March 2023 54,477
At 31 March 2022 54,477
Investment properties are revalued annually by the directors. The basis of valuation is outlined in the accounting policies.
4 Debtors 2023 2022
£ £
Other debtors 2,361 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 258 812
Other creditors 58,649 68,398
58,907 69,210
6 Other information
Beaumont Fairhall Limited is a private company limited by shares and incorporated in England. Its registered office is:
40 Crescent Road
Gosport
PO12 2DN
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