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REGISTERED NUMBER: 13927197 (England and Wales)








Unaudited Financial Statements

for the Period

19 February 2022 to 28 February 2023

for

J D Beastall Ltd

J D Beastall Ltd (Registered number: 13927197)

Contents of the Financial Statements
for the Period 19 February 2022 to 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J D Beastall Ltd

Company Information
for the Period 19 February 2022 to 28 February 2023







DIRECTOR: J D Beastall





REGISTERED OFFICE: 29 Cranley Road
Guildford
GU1 2JE





REGISTERED NUMBER: 13927197 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

J D Beastall Ltd (Registered number: 13927197)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 4,000
Tangible assets 5 15,030
19,030

CURRENT ASSETS
Cash at bank 149

CREDITORS
Amounts falling due within one year 6 24,584
NET CURRENT LIABILITIES (24,435 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,405

)

PROVISIONS FOR LIABILITIES 7 3,616
NET LIABILITIES (9,021 )

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (9,022 )
SHAREHOLDERS' FUNDS (9,021 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

J D Beastall Ltd (Registered number: 13927197)

Balance Sheet - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 November 2023 and were signed by:





J D Beastall - Director


J D Beastall Ltd (Registered number: 13927197)

Notes to the Financial Statements
for the Period 19 February 2022 to 28 February 2023


1. STATUTORY INFORMATION

J D Beastall 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.

At the balance sheet date the company had net liabilities of £9,021. The ability of the company to continue trading is dependant on the continued support of the company's creditors. The director is of the opinion that this support will continue for the foreseeable future and so consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not contain any adjustments that would be required if this support were to be withdrawn.

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 2022, is being amortised evenly over its estimated useful life of five 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
Motor vehicles - 25% on reducing balance

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.


J D Beastall Ltd (Registered number: 13927197)

Notes to the Financial Statements - continued
for the Period 19 February 2022 to 28 February 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

J D Beastall Ltd (Registered number: 13927197)

Notes to the Financial Statements - continued
for the Period 19 February 2022 to 28 February 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 5,000
At 28 February 2023 5,000
AMORTISATION
Amortisation for period 1,000
At 28 February 2023 1,000
NET BOOK VALUE
At 28 February 2023 4,000

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 9,030 6,000 15,030
At 28 February 2023 9,030 6,000 15,030
NET BOOK VALUE
At 28 February 2023 9,030 6,000 15,030

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 3,672
Other creditors 20,912
24,584

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 3,616

Deferred
tax
£   
Accelerated capital allowances 3,616
Balance at 28 February 2023 3,616