1 December 2022 false No description of principal activity Taxfiler 2024.4 03127909business:PrivateLimitedCompanyLtd2022-12-012023-11-30 031279092022-11-30 031279092022-12-012023-11-30 03127909business:AuditExemptWithAccountantsReport2022-12-012023-11-30 03127909business:FilletedAccounts2022-12-012023-11-30 031279092023-11-30 031279092022-11-30 03127909core:WithinOneYear2023-11-30 03127909core:WithinOneYear2022-11-30 03127909core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 03127909core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 03127909core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 03127909core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 03127909core:PreviouslyStatedAmount2023-11-30 03127909core:PreviouslyStatedAmount2022-11-30 03127909business:SmallEntities2022-12-012023-11-30 03127909business:Director12022-12-012023-11-30 03127909countries:EnglandWales2022-12-012023-11-30 03127909business:RegisteredOffice2022-12-012023-11-30 03127909core:PlantMachinery2022-12-012023-11-30 03127909core:MotorVehicles2022-12-012023-11-30 03127909core:ComputerEquipment2022-12-012023-11-30 03127909core:PlantMachinery2022-11-30 03127909core:MotorVehicles2022-11-30 03127909core:ComputerEquipment2022-11-30 03127909core:PlantMachinery2023-11-30 03127909core:MotorVehicles2023-11-30 03127909core:ComputerEquipment2023-11-30 031279092021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 03127909 (England and Wales)
Beaconvale Developments Limited Unaudited accounts for the year ended 30 November 2023
Beaconvale Developments Limited Unaudited accounts Contents
Page
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Beaconvale Developments Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,032 
74,309 
Current assets
Inventories
54,534 
52,741 
Debtors
3,838 
6,787 
Cash at bank and in hand
949,695 
1,216,172 
1,008,067 
1,275,700 
Creditors: amounts falling due within one year
(9,206)
(198,522)
Net current assets
998,861 
1,077,178 
Total assets less current liabilities
1,070,893 
1,151,487 
Provisions for liabilities
Deferred tax
(18,577)
(18,577)
Net assets
1,052,316 
1,132,910 
Capital and reserves
Called up share capital
155,000 
155,000 
Profit and loss account
897,316 
977,910 
Shareholders' funds
1,052,316 
1,132,910 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 9 July 2024 and were signed on its behalf by
P A Wall Director Company Registration No. 03127909
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Beaconvale Developments Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Beaconvale Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 03127909. The registered office is 2 Bailey Hill, Castle Cary, Somerset, BA7 7AD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% straight line
Motor vehicles
25% straight line
Computer equipment
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Beaconvale Developments Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
165,170 
33,057 
1,822 
200,049 
Additions
4,106 
- 
- 
4,106 
At 30 November 2023
169,276 
33,057 
1,822 
204,155 
Depreciation
At 1 December 2022
99,867 
24,638 
1,235 
125,740 
Charge for the year
6,173 
- 
210 
6,383 
At 30 November 2023
106,040 
24,638 
1,445 
132,123 
Net book value
At 30 November 2023
63,236 
8,419 
377 
72,032 
At 30 November 2022
65,303 
8,419 
587 
74,309 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,243 
Accrued income and prepayments
3,838 
3,544 
3,838 
6,787 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,721 
- 
Trade creditors
2,641 
11,437 
Taxes and social security
1,099 
8,909 
Loans from directors
745 
176,176 
Accruals
2,000 
2,000 
9,206 
198,522 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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