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REGISTERED NUMBER: 05914383 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Beckworth Investment & Development
Limited

Beckworth Investment & Development
Limited (Registered number: 05914383)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Beckworth Investment & Development
Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: P D Beel
Mrs S M Beel





REGISTERED OFFICE: 29 Creek Road
Hayling Island
Hampshire
PO11 9QZ





REGISTERED NUMBER: 05914383 (England and Wales)





ACCOUNTANTS: Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ

Beckworth Investment & Development
Limited (Registered number: 05914383)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,150 2,866
Investment property 5 412,449 412,449
414,599 415,315

CURRENT ASSETS
Debtors 6 2,434 2,434
Cash at bank and in hand 9,470 17,019
11,904 19,453
CREDITORS
Amounts falling due within one year 7 1,195 1,019
NET CURRENT ASSETS 10,709 18,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,308

433,749

CREDITORS
Amounts falling due after more than
one year

8

344,996

344,996
NET ASSETS 80,312 88,753

CAPITAL AND RESERVES
Called up share capital 9 52 52
Retained earnings 10 80,260 88,701
SHAREHOLDERS' FUNDS 80,312 88,753

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Beckworth Investment & Development
Limited (Registered number: 05914383)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by:





P D Beel - Director


Beckworth Investment & Development
Limited (Registered number: 05914383)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Beckworth Investment & Development Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
The investment properties are not subject to amortisation which is the stipulated policy for such assets. They are included in the financial statements at their estimated open market value.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Beckworth Investment & Development
Limited (Registered number: 05914383)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2022
and 31 August 2023 4,616
DEPRECIATION
At 1 September 2022 1,750
Charge for year 716
At 31 August 2023 2,466
NET BOOK VALUE
At 31 August 2023 2,150
At 31 August 2022 2,866

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 412,449
NET BOOK VALUE
At 31 August 2023 412,449
At 31 August 2022 412,449

The properties were valued by the director of the company at the year end and, after the conservative reduction in 2008 by 10% of cost, he considered that the value had not changed significantly from that date. It was, therefore, decided to leave the value at 31st August 23 at the same amount as at the previous year end at 31st August 2022.

The cost or valuation at 31st August 2023 is represented by:

Valuation at 31st August 2008 -46,000
Cost 458,449

Balance 412,449

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other debtors 2,434 2,434

Beckworth Investment & Development
Limited (Registered number: 05914383)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other creditors 1,195 1,019

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 344,996 344,996

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 344,996 344,996

9. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
51 Ordinary £1 51 51
1 Ordinary B Non Voting £1 1 1
52 52

10. RESERVES
Retained
earnings
£   

At 1 September 2022 88,701
Deficit for the year (3,941 )
Dividends (4,500 )
At 31 August 2023 80,260

Beckworth Investment & Development
Limited

Report of the Accountants to the Directors of
Beckworth Investment & Development
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Moss & Co (Direct Accounts) Limited
Rapley House
29 Creek Road
Hayling Island
Hampshire
PO11 9QZ


14 February 2024