Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-06-01falseInvestment holding company33 11998751 2023-06-01 2024-05-31 11998751 2022-06-01 2023-05-31 11998751 2024-05-31 11998751 2023-05-31 11998751 c:Director1 2023-06-01 2024-05-31 11998751 d:CurrentFinancialInstruments 2024-05-31 11998751 d:CurrentFinancialInstruments 2023-05-31 11998751 d:Non-currentFinancialInstruments 2024-05-31 11998751 d:Non-currentFinancialInstruments 2023-05-31 11998751 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11998751 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11998751 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 11998751 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 11998751 d:ShareCapital 2024-05-31 11998751 d:ShareCapital 2023-05-31 11998751 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 11998751 d:RetainedEarningsAccumulatedLosses 2024-05-31 11998751 d:RetainedEarningsAccumulatedLosses 2023-05-31 11998751 c:FRS102 2023-06-01 2024-05-31 11998751 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11998751 c:FullAccounts 2023-06-01 2024-05-31 11998751 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11998751 6 2023-06-01 2024-05-31 11998751 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 11998751










BEELEY LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
BEELEY LTD
REGISTERED NUMBER: 11998751

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,199,968
1,165,472

  

Creditors: amounts falling due within one year
 5 
(649,236)
(552,567)

Total assets less current liabilities
  
550,732
612,905

Creditors: amounts falling due after more than one year
 6 
(359,866)
(422,846)

  

Net assets
  
190,866
190,059


Capital and reserves
  

Called up share capital 
  
60
60

Profit and loss account
 7 
190,806
189,999

  
190,866
190,059


The directors consider 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 directors acknowledge their 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 18 September 2024.




J P Hubbard
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BEELEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Beeley Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 11998751). Its registered office is Westfield House, 2 Ashgate Road, Chesterfield, Derbyshire, S40 4AA. The principal activity of the Company for the year was that of an investment holding 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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and
generates income.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 2

 
BEELEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 June 2023
1,165,472


Revaluations
34,496



At 31 May 2024
1,199,968




Page 3

 
BEELEY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
50,000
50,000

Other creditors
597,585
501,007

Accruals and deferred income
1,651
1,560

649,236
552,567


Included in creditors falling due within one year are bank loans and overdrafts totalling £50,000 (2023: £50,000) which are secured against the assets of the Company.


6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
359,866
422,846


Included in creditors falling due after more than one year are bank loans and overdrafts totalling £359,866 (2023: £424,846) which are secured against the assets of the Company.
The aggregate amount of liabilities repayable wholly or in part more than five years after the Balance Sheet date is £159,866.


7.


Reserves

Profit and loss account

Included within the profit and loss account reserves are non-distributable reserves arising from changes
in the fair value of investments of £299,968 (2023: £265,472).

 
Page 4