Registered number
09117128
Beech Loxwood Limited
Filleted Accounts
31 December 2023
Beech Loxwood Limited
Registered number: 09117128
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Stocks 1,150,240 1,150,240
Creditors: amounts falling due within one year 3 (1,150,268) (1,150,268)
Net current liabilities (28) (28)
Net liabilities (28) (28)
Capital and reserves
Called up share capital 100 100
Profit and loss account (128) (128)
Shareholder's funds (28) (28)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
B Leach
Director
Approved by the board on 5 June 2024
Beech Loxwood Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of properties is recognised when the sale has been legally completed.
Work in progress
Work in progress consists of properties being developed for resale. Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the properties to their present location and condition.
Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instruments.

Financial assets and liabilities are offset with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,150,268 1,150,268
4 Related party transactions
There were no related party transactions in the current or prior year.
5 Controlling party
The company is a wholly owned subsidiary of Beech Homes Properties and Developments Limited, a company registered in England.

The registered office address for Beech Homes Properties and Developments Limited is Unit 3, Deanland Business Park, Deanland Road, Golden Cross, Hailsham, BN27 3RP.
6 Other information
Beech Loxwood Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 3 Deanland Business Park
Deanland Road
Hailsham
East Sussex
BN27 3RP
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