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REGISTERED NUMBER: 03759232 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024

FOR

R J BEACH LIMITED

R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R J BEACH LIMITED

COMPANY INFORMATION
FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024







DIRECTORS: Mr R Beach
Mrs C Beach





SECRETARY: Mrs C Beach





REGISTERED OFFICE: High Down
West Walberton Lane
Walberton
Arundel
West Sussex
BN18 0QS





REGISTERED NUMBER: 03759232 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,041 27,206
1,041 27,206

CURRENT ASSETS
Stocks - 306,100
Debtors 6 764,930 244,781
Cash at bank and in hand 48,727 488,530
813,657 1,039,411
CREDITORS
Amounts falling due within one year 7 12,657 225,613
NET CURRENT ASSETS 801,000 813,798
TOTAL ASSETS LESS CURRENT
LIABILITIES

802,041

841,004

CREDITORS
Amounts falling due after more than one
year

8

(33,213

)

(37,782

)

PROVISIONS FOR LIABILITIES - (5,169 )
NET ASSETS 768,828 798,053

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 758,828 788,053
SHAREHOLDERS' FUNDS 768,828 798,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2024 and were signed on its behalf by:





Mr R Beach - Director


R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024


1. STATUTORY INFORMATION

R J Beach 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 preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company ceased trading on 29th February 2024 and will seek to liquidate the assets.

Turnover
Turnover represents amounts invoiced for sale of motor vehicles.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.


R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 April 2023
and 29 February 2024 196,429
AMORTISATION
At 30 April 2023
and 29 February 2024 196,429
NET BOOK VALUE
At 29 February 2024 -
At 29 April 2023 -

R J BEACH LIMITED (REGISTERED NUMBER: 03759232)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 30 APRIL 2023 TO 29 FEBRUARY 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 30 April 2023 28,591 34,886 63,477
Disposals - (34,886 ) (34,886 )
At 29 February 2024 28,591 - 28,591
DEPRECIATION
At 30 April 2023 27,550 8,721 36,271
Eliminated on disposal - (8,721 ) (8,721 )
At 29 February 2024 27,550 - 27,550
NET BOOK VALUE
At 29 February 2024 1,041 - 1,041
At 29 April 2023 1,041 26,165 27,206

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 16,098
Amounts owed by associates 185,729 186,583
Other debtors 579,201 42,100
764,930 244,781

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,447 5,447
Trade creditors - 156,484
Taxation and social security 3,708 16,658
Other creditors 3,502 47,024
12,657 225,613

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 33,213 37,782