Company Registration No. 11758350 (England and Wales)
BEECHWOOD AUTOS LIMITED
Unaudited accounts
for the year ended 29 February 2024
BEECHWOOD AUTOS LIMITED
Unaudited accounts
Contents
BEECHWOOD AUTOS LIMITED
Company Information
for the year ended 29 February 2024
Directors
Megan Bajaj
Rishi Bajaj
Company Number
11758350 (England and Wales)
Registered Office
C/O BFS ACCOUNTANTS LTD RANSOM HALL, RAN
SOUTHWELL ROAD WEST
RAINWORTH
MANSFIELD NOTTINGHAMSHIRE
NG21 0HJ
UNITED KINGDOM
Accountants
BFS Accountants Ltd
Ransom Hall, Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
BEECHWOOD AUTOS LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
11,996
3,197
Inventories
1,113,123
936,632
Cash at bank and in hand
96,349
100,667
Creditors: amounts falling due within one year
(604,022)
(541,145)
Net current assets
832,646
674,055
Net assets
844,642
677,252
Called up share capital
100
100
Profit and loss account
844,542
677,152
Shareholders' funds
844,642
677,252
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 directors acknowledge their 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 of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
Rishi Bajaj
Director
Company Registration No. 11758350
BEECHWOOD AUTOS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
BEECHWOOD AUTOS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11758350. The registered office is C/O BFS ACCOUNTANTS LTD RANSOM HALL, RAN, SOUTHWELL ROAD WEST, RAINWORTH, MANSFIELD NOTTINGHAMSHIRE, NG21 0HJ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
3,988
1,431
5,419
Additions
9,651
3,887
13,538
At 29 February 2024
13,639
5,318
18,957
At 1 March 2023
1,827
395
2,222
Charge for the year
3,410
1,329
4,739
At 29 February 2024
5,237
1,724
6,961
At 29 February 2024
8,402
3,594
11,996
At 28 February 2023
2,161
1,036
3,197
BEECHWOOD AUTOS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Trade debtors
224,147
167,892
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,304
32,501
Trade creditors
453,078
386,275
Taxes and social security
68,926
109,204
Loans from directors
(1,844)
13,165
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).