Caseware UK (AP4) 2023.0.135 2023.0.135 antique dealers2023-01-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01537501 2023-01-01 2023-12-31 01537501 2022-01-01 2022-12-31 01537501 2023-12-31 01537501 2022-12-31 01537501 c:CompanySecretary1 2023-01-01 2023-12-31 01537501 c:Director1 2023-01-01 2023-12-31 01537501 c:RegisteredOffice 2023-01-01 2023-12-31 01537501 d:PlantMachinery 2023-01-01 2023-12-31 01537501 d:PlantMachinery 2023-12-31 01537501 d:PlantMachinery 2022-12-31 01537501 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01537501 d:MotorVehicles 2023-01-01 2023-12-31 01537501 d:MotorVehicles 2023-12-31 01537501 d:MotorVehicles 2022-12-31 01537501 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01537501 d:OfficeEquipment 2023-01-01 2023-12-31 01537501 d:OfficeEquipment 2023-12-31 01537501 d:OfficeEquipment 2022-12-31 01537501 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01537501 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01537501 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01537501 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01537501 d:ShareCapital 2023-12-31 01537501 d:ShareCapital 2022-12-31 01537501 d:OtherMiscellaneousReserve 2023-12-31 01537501 d:OtherMiscellaneousReserve 2022-12-31 01537501 d:RetainedEarningsAccumulatedLosses 2023-12-31 01537501 d:RetainedEarningsAccumulatedLosses 2022-12-31 01537501 c:FRS102 2023-01-01 2023-12-31 01537501 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01537501 c:AbridgedAccounts 2023-01-01 2023-12-31 01537501 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01537501 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 01537501










BEEDHAM ANTIQUES LIMITED

Unaudited
Financial statements
Information for filing with the registrar
For the year ended 31 December 2023

 
BEEDHAM ANTIQUES LIMITED
 

Company Information


Director
P H Beedham 




Company secretary
P H Beedham



Registered number
01537501



Registered office
18 School Close
Darley Dale

Matlock

Derbyshire

DE4 2TQ





 
BEEDHAM ANTIQUES LIMITED
Registered number: 01537501

Balance sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,875
9,717

  
7,875
9,717

Current assets
  

Stocks
  
448,821
402,470

Debtors
  
13,289
8,559

Cash at bank and in hand
  
14,917
48,543

  
477,027
459,572

Creditors: amounts falling due within one year
  
(110,440)
(136,176)

Net current assets
  
 
 
366,587
 
 
323,396

Net assets
  
374,462
333,113


Capital and reserves
  

Called up share capital 
  
1,500
1,500

Other reserves
  
3,500
3,500

Profit and loss account
  
369,462
328,113

  
374,462
333,113


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 on 4 September 2024.




P H Beedham
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
BEEDHAM ANTIQUES LIMITED
 

 
Notes to the financial statements
For the year ended 31 December 2023

1.


General information

Beedham Antiques Limited is a private company limited by shares incorporated in England within the United Kingdom.  The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company.

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition


Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Motor vehicles
-
20%
Equipment
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Page 2

 
BEEDHAM ANTIQUES LIMITED
 

 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 -1).


4.


Tangible fixed assets





Fixtures & fittings
Motor vehicles
Equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
9,000
36,580
27,786
73,366



At 31 December 2023

9,000
36,580
27,786
73,366



Depreciation


At 1 January 2023
3,960
36,580
23,109
63,649


Charge for the year on owned assets
796
-
1,046
1,842



At 31 December 2023

4,756
36,580
24,155
65,491



Net book value



At 31 December 2023
4,244
-
3,631
7,875



At 31 December 2022
5,040
-
4,677
9,717


5.


Related party transactions

The company operates a current account with the director.  The balance owing to the director at the balance sheet date, included in other creditors due within one year, was £21,954 (2022 - £45,846). The director's current account is unsecured, interest free and repayable on demand.


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