1 March 2023 false No description of principal activity Taxfiler 2024.5 09429329business:PrivateLimitedCompanyLtd2023-03-012024-02-29 094293292023-02-28 094293292023-03-012024-02-29 09429329business:AuditExemptWithAccountantsReport2023-03-012024-02-29 09429329business:FilletedAccounts2023-03-012024-02-29 094293292024-02-29 09429329business:Director12023-03-012024-02-29 09429329business:RegisteredOffice2023-03-012024-02-29 094293292023-02-28 09429329core:WithinOneYear2024-02-29 09429329core:WithinOneYear2023-02-28 09429329core:AfterOneYear2024-02-29 09429329core:AfterOneYear2023-02-28 09429329core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 09429329core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09429329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09429329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09429329core:PreviouslyStatedAmount2024-02-29 09429329core:PreviouslyStatedAmount2023-02-28 09429329business:SmallEntities2023-03-012024-02-29 09429329countries:EnglandWales2023-03-012024-02-29 09429329core:PlantMachinery2023-03-012024-02-29 09429329core:PlantMachinery2023-02-28 09429329core:PlantMachinery2024-02-29 094293292022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09429329 (England and Wales)
Beacon Developments Limited Unaudited accounts for the year ended 29 February 2024
Beacon Developments Limited Unaudited accounts Contents
Page
- 2 -
Beacon Developments Limited Company Information for the year ended 29 February 2024
Director
Mr A Pringle
Company Number
09429329 (England and Wales)
Registered Office
3 Meads Grove, Astley Tyldesley Manchester M29 7HE
Accountants
Bullen and Co Accountants 1 Coram Manor Sidmouth Road Lyme Regis Dorset DT7 3GF
- 3 -
Beacon Developments Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
314 
393 
Current assets
Inventories
590,408 
575,000 
Cash at bank and in hand
50,682 
116,896 
641,090 
691,896 
Creditors: amounts falling due within one year
(16,136)
(14,785)
Net current assets
624,954 
677,111 
Total assets less current liabilities
625,268 
677,504 
Creditors: amounts falling due after more than one year
(1,456,973)
(1,404,029)
Net liabilities
(831,705)
(726,525)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(831,805)
(726,625)
Shareholders' funds
(831,705)
(726,525)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2024 and were signed on its behalf by
Mr A Pringle Director Company Registration No. 09429329
- 4 -
Beacon Developments Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Beacon Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 09429329. The registered office is 3 Meads Grove, Astley, Tyldesley, Manchester, M29 7HE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,500 
At 29 February 2024
1,500 
Depreciation
At 1 March 2023
1,107 
Charge for the year
79 
At 29 February 2024
1,186 
Net book value
At 29 February 2024
314 
At 28 February 2023
393 
- 5 -
Beacon Developments Limited Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,055 
2,979 
VAT
9,347 
8,072 
Other creditors
2,000 
2,000 
Loans from directors
1,734 
1,734 
16,136 
14,785 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,927 
6,983 
Amounts owed to group undertakings and other participating interests
1,453,046 
1,397,046 
1,456,973 
1,404,029 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -