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REGISTERED NUMBER: 03023052











BEAUCHAMP ESTATES (MAYFAIR) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






BEAUCHAMP ESTATES (MAYFAIR) LIMITED (REGISTERED NUMBER: 03023052)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BEAUCHAMP ESTATES (MAYFAIR) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: G Hersham
Mrs O Hersham
J Gee





SECRETARY: G Hersham





REGISTERED OFFICE: 24 Curzon Street
London
W1J 7TF





REGISTERED NUMBER: 03023052





ACCOUNTANTS: AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG

BEAUCHAMP ESTATES (MAYFAIR) LIMITED (REGISTERED NUMBER: 03023052)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,015 57,233
Investments 5 2,811,431 2,789,161
2,862,446 2,846,394

CURRENT ASSETS
Debtors 6 368,103 601,483
Cash at bank 4,489,956 3,209,666
4,858,059 3,811,149
CREDITORS
Amounts falling due within one year 7 2,822,373 2,313,627
NET CURRENT ASSETS 2,035,686 1,497,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,898,132

4,343,916

CAPITAL AND RESERVES
Called up share capital 29,925 29,925
Retained earnings 4,868,207 4,313,991
4,898,132 4,343,916

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

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

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 4 September 2024 and were signed on its behalf by:




G Hersham - Director


BEAUCHAMP ESTATES (MAYFAIR) LIMITED (REGISTERED NUMBER: 03023052)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Beauchamp Estates (Mayfair) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 19 ) .

BEAUCHAMP ESTATES (MAYFAIR) LIMITED (REGISTERED NUMBER: 03023052)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 12,921 63,400 76,321
Additions - 8,564 8,564
At 31 December 2023 12,921 71,964 84,885
DEPRECIATION
At 1 January 2023 776 18,312 19,088
Charge for year 388 14,394 14,782
At 31 December 2023 1,164 32,706 33,870
NET BOOK VALUE
At 31 December 2023 11,757 39,258 51,015
At 31 December 2022 12,145 45,088 57,233

5. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Shares in group undertakings 2,529,500 2,529,500
Loans to undertakings in which the company
has a participating interest

263,681

241,411
Other investments not loans 18,250 18,250
2,811,431 2,789,161

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 2,529,500
NET BOOK VALUE
At 31 December 2023 2,529,500
At 31 December 2022 2,529,500

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Investments 18,250 18,250

BEAUCHAMP ESTATES (MAYFAIR) LIMITED (REGISTERED NUMBER: 03023052)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS - continued
Loans to
other
participating
interests
£   
At 1 January 2023
and 31 December 2023 263,681

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 38,574 252,744
Other debtors 329,529 348,739
368,103 601,483

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 49,957 126,653
Taxation and social security 467,770 477,084
Other creditors 2,304,646 1,709,890
2,822,373 2,313,627