Beswick Limited 05738818 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the holding of intellectual property for its parent company Dartington Crystal (Torrington) Limited Digita Accounts Production Advanced 6.30.9574.0 true J H Hammond S Peddle J Hammond false 05738818 2023-01-01 2023-12-31 05738818 2023-12-31 05738818 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2023-12-31 05738818 bus:OrdinaryShareClass2 bus:Non-cumulativeRedeemableShares 2023-12-31 05738818 core:RetainedEarningsAccumulatedLosses 2023-12-31 05738818 core:ShareCapital 2023-12-31 05738818 core:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 05738818 core:FurnitureFittingsToolsEquipment 2023-12-31 05738818 bus:FRS102 2023-01-01 2023-12-31 05738818 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05738818 bus:FullAccounts 2023-01-01 2023-12-31 05738818 bus:RegisteredOffice 2023-01-01 2023-12-31 05738818 bus:CompanySecretary1 2023-01-01 2023-12-31 05738818 bus:CompanySecretary2 2023-01-01 2023-12-31 05738818 bus:Director7 2023-01-01 2023-12-31 05738818 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2023-01-01 2023-12-31 05738818 bus:OrdinaryShareClass2 bus:Non-cumulativeRedeemableShares 2023-01-01 2023-12-31 05738818 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 05738818 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05738818 core:PatentsTrademarksLicencesConcessionsSimilar 2023-01-01 2023-12-31 05738818 core:OfficeEquipment 2023-01-01 2023-12-31 05738818 1 2023-01-01 2023-12-31 05738818 countries:EnglandWales 2023-01-01 2023-12-31 05738818 2022-12-31 05738818 core:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 05738818 core:FurnitureFittingsToolsEquipment 2022-12-31 05738818 2022-01-01 2022-12-31 05738818 2022-12-31 05738818 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2022-12-31 05738818 bus:OrdinaryShareClass2 bus:Non-cumulativeRedeemableShares 2022-12-31 05738818 core:RetainedEarningsAccumulatedLosses 2022-12-31 05738818 core:ShareCapital 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05738818

Beswick Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Beswick Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Beswick Limited

(Registration number: 05738818)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

7

7

Capital and reserves

 

Called up share capital

7

100,000

100,000

Retained earnings

(99,993)

(99,993)

Shareholders' funds

 

7

7

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 12 November 2024
 

.........................................

J H Hammond

Director

 

Beswick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Dartington Crystal
Linden Close
Torrington
Devon
EX38 7AN

These financial statements were authorised for issue by the director on 12 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention and state assets at their recoverable amount.

These financial statements are presented in Sterling (£).

Name of parent of group

These financial statements are consolidated in the financial statements of Dartington Crystal Group Limited.

The financial statements of Dartington Crystal Group Limited may be obtained from Dartington Crystal, Linden Close, Torrington, England, EX38 7AN.

Tangible assets

Tangible assets are stated at cost, less accumulated depreciation and accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Beswick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% straight line

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Trademarks

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of other debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Other creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Beswick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year was 3 (2022 - 3).

 

Beswick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Intangible assets

Trademarks, patents and licenses
 £

Total
£

Cost or valuation

At 1 January 2023

394,867

394,867

At 31 December 2023

394,867

394,867

Amortisation

At 1 January 2023

394,867

394,867

At 31 December 2023

394,867

394,867

Carrying amount

At 31 December 2023

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

2,261

2,261

At 31 December 2023

2,261

2,261

Depreciation

At 1 January 2023

2,261

2,261

At 31 December 2023

2,261

2,261

Carrying amount

At 31 December 2023

-

-

6

Cash and cash equivalents

2023
£

2022
£

Cash at bank

7

7

 

Beswick Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary A shares of £1 each

50,000

50,000

50,000

50,000

Ordinary B shares of £1 each

50,000

50,000

50,000

50,000

100,000

100,000

100,000

100,000

8

Parent and ultimate parent undertaking

The company's immediate parent is Datington Crystal (Torrington) Limited, incorporated in England and Wales.

 The most senior parent entity producing publicly available financial statements is Dartington Crystal Group Limited. These financial statements are available upon request from Dartington Crystal, Linden Close, Torrington, England, EX38 7AN