Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31false12022-11-01falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14449750 2022-10-31 14449750 2022-11-01 2023-10-31 14449750 2021-11-01 2022-10-31 14449750 2023-10-31 14449750 c:Director1 2022-11-01 2023-10-31 14449750 d:FreeholdInvestmentProperty 2022-11-01 2023-10-31 14449750 d:FreeholdInvestmentProperty 2023-10-31 14449750 d:CurrentFinancialInstruments 2023-10-31 14449750 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14449750 d:ShareCapital 2023-10-31 14449750 d:RetainedEarningsAccumulatedLosses 2023-10-31 14449750 c:FRS102 2022-11-01 2023-10-31 14449750 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 14449750 c:FullAccounts 2022-11-01 2023-10-31 14449750 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 14449750 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 14449750









BEARD INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
BEARD INVESTMENTS LIMITED
REGISTERED NUMBER: 14449750

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
Note
£

Fixed assets
  

Investment property
  
135,888

  
135,888

Current assets
  

Debtors: amounts falling due within one year
 5 
84,497

Cash at bank and in hand
 6 
77,461

  
161,958

Creditors: amounts falling due within one year
 7 
(300,397)

Net current (liabilities)/assets
  
 
 
(138,439)

Total assets less current liabilities
  
(2,551)

  

Net (liabilities)/assets
  
(2,551)


Capital and reserves
  

Called up share capital 
  
3

Profit and loss account
  
(2,554)

  
(2,551)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Page 1

 
BEARD INVESTMENTS LIMITED
REGISTERED NUMBER: 14449750
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023




................................................
M A Beard
Director
Date: 2 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BEARD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Beard Investments Limited is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is Radius House, 51 Clarendon Road, Watford, WD17 1HP.
The company's principal activity is the letting of a property.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
BEARD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 1.


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
135,888



At 31 October 2023
135,888

The 2023 valuations were made by the director, on an open market value for existing use basis.



At 31 October 2023



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
£


Historic cost
135,888

135,888


5.


Debtors

2023
£


Other debtors
84,497

84,497


Page 4

 
BEARD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
77,461

77,461



7.


Creditors: Amounts falling due within one year

2023
£

Other creditors
283,697

Accruals and deferred income
16,700

300,397


 
Page 5