Company Registration No. 4682637 (England and Wales)
Beale's Property Maintenance Ltd
Unaudited accounts
for the year ended 31 May 2023
Beale's Property Maintenance Ltd
Unaudited accounts
Contents
Beale's Property Maintenance Ltd
Company Information
for the year ended 31 May 2023
Company Number
4682637 (England and Wales)
Registered Office
49 Gavin Way
Colchester
Essex
CO4 9FF
Accountants
Darling & Co
1 The Glen
Worthing
West Sussex
BN13 2AD
Beale's Property Maintenance Ltd
Accountants' report
Accountants' report to the director of Beale's Property Maintenance Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Beale's Property Maintenance Ltd for the year ended
31 May 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Beale's Property Maintenance Ltd, as a body, in accordance with the terms of our engagement letter dated 5 April 2003. Our work has been undertaken solely to prepare for your approval the accounts of Beale's Property Maintenance Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Beale's Property Maintenance Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Beale's Property Maintenance Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Beale's Property Maintenance Ltd. You consider that Beale's Property Maintenance Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Beale's Property Maintenance Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Darling & Co
1 The Glen
Worthing
West Sussex
BN13 2AD
29 December 2023
Beale's Property Maintenance Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
23,603
27,405
Cash at bank and in hand
28,796
70,319
Creditors: amounts falling due within one year
(43,133)
(37,260)
Net current assets
38,706
50,619
Total assets less current liabilities
62,309
78,024
Creditors: amounts falling due after more than one year
(8,807)
(13,210)
Called up share capital
100
100
Profit and loss account
53,402
64,714
Shareholders' funds
53,502
64,814
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2023 and were signed on its behalf by
J E Beale
Director
Company Registration No. 4682637
Beale's Property Maintenance Ltd
Notes to the Accounts
for the year ended 31 May 2023
Beale's Property Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 4682637. The registered office is 49 Gavin Way, Colchester, Essex, CO4 9FF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over ten years
Motor vehicles
25% reducing
Computer equipment
over ten years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
865
27,260
2,794
30,919
At 31 May 2023
865
30,764
2,794
34,423
At 1 June 2022
65
2,995
454
3,514
Charge for the year
86
6,942
278
7,306
At 31 May 2023
151
9,937
732
10,820
At 31 May 2023
714
20,827
2,062
23,603
At 31 May 2022
800
24,265
2,340
27,405
Beale's Property Maintenance Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
49,901
14,636
Accrued income and prepayments
1,382
1,484
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,403
4,403
Taxes and social security
17,909
21,768
Other creditors
1,195
1,085
Loans from directors
2,087
77
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,807
13,210
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).