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REGISTERED NUMBER: 02514467 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BEACHLAND LIMITED

BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BEACHLAND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr J S Dearlove





SECRETARY: Mr J S Dearlove





REGISTERED OFFICE: Unit17h
Solent House
102 Lower Guildford Road
Knaphill
Surrey
GU21 2EP





REGISTERED NUMBER: 02514467 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Business Advisers and Accountants
Unit 2.02 High Weald House,
Glovers End
Bexhill
East Sussex
United Kingdom
TN39 5ES

BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 708 1,063
Investments 6 34,560 68,755
35,268 69,818

CURRENT ASSETS
Debtors 7 696,419 172,062

CREDITORS
Amounts falling due within one year 8 743,865 133,199
NET CURRENT (LIABILITIES)/ASSETS (47,446 ) 38,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,178

)

108,681

CREDITORS
Amounts falling due after more than one year 9 70,208 105,085
NET (LIABILITIES)/ASSETS (82,386 ) 3,596

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (82,486 ) 3,496
SHAREHOLDERS' FUNDS (82,386 ) 3,596

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 director acknowledges his 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.

BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 director and authorised for issue on 11 September 2024 and were signed by:





Mr J S Dearlove - Director


BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

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

1. STATUTORY INFORMATION

Beachland 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF ACCOUNTING
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost and 33% on reducing balance

FINANCIAL INSTRUMENTS
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties.

Financial assets that are measured at cost and amortized cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognized in profit or loss.

For financial assets measured at amortized cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

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

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GOING CONCERN
The company's profit and loss accounts have loss (£87,547) ( 2022 - (319). However, the directors (who are also the shareholders) have confirmed their continued financial support for the foreseeable future and for at least twelve months from the date of signature of these accounts.

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.

CREDITORS
Short term creditors are measured at the transaction price. Loans from the director shareholders who are natural persons are also measured at transaction price irrespective of duration. 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.

3. EMPLOYEES AND DIRECTORS

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

BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

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

4. INTANGIBLE FIXED ASSETS
Franchise
fee
£   
COST
At 1 January 2023
and 31 December 2023 7,500
AMORTISATION
At 1 January 2023
and 31 December 2023 7,500
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 874 9,267 10,141
DEPRECIATION
At 1 January 2023 874 8,204 9,078
Charge for year - 355 355
At 31 December 2023 874 8,559 9,433
NET BOOK VALUE
At 31 December 2023 - 708 708
At 31 December 2022 - 1,063 1,063

6. FIXED ASSET INVESTMENTS
Other
loans
£   
At 1 January 2023 68,755
Repayment in year (34,195 )
At 31 December 2023 34,560

BEACHLAND LIMITED (REGISTERED NUMBER: 02514467)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 696,169 -
Other debtors 250 172,062
696,419 172,062

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 18,466 9,029
Trade creditors 588,922 -
Taxation and social security 1,467 1,784
Other creditors 135,010 122,386
743,865 133,199

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 30,208 65,085
Other creditors 40,000 40,000
70,208 105,085

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary Shares £1.00 100 100

11. RELATED PARTY DISCLOSURES

At balance sheet date, there was an amount due from Hillingdon (Mansfield) Ltd of £34,560 (2022 - 68,755), a company in which Mr John Steven Dearlove is a director. The loan to Hillingdon (Mansfield) Ltd is interest bearing, unsecured and does not have a fixed date of repayment.

12. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J S Dearlove.

13. EXTRAORDINARY ITEMS

This year, we have seen a significant rise in both sales and expenditures due to a temporary arrangement. Since this arrangement will not extend into the next year, the company expects sales to return to their usual levels.