IRIS Accounts Production v24.3.0.553 03815068 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038150682023-03-31038150682024-03-31038150682023-04-012024-03-31038150682022-03-31038150682022-04-012023-03-31038150682023-03-3103815068ns15:EnglandWales2023-04-012024-03-3103815068ns14:PoundSterling2023-04-012024-03-3103815068ns10:Director12023-04-012024-03-3103815068ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103815068ns10:SmallEntities2023-04-012024-03-3103815068ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103815068ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103815068ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103815068ns10:FullAccounts2023-04-012024-03-3103815068ns10:OrdinaryShareClass12023-04-012024-03-3103815068ns10:Director22023-04-012024-03-3103815068ns10:CompanySecretary12023-04-012024-03-3103815068ns10:RegisteredOffice2023-04-012024-03-3103815068ns5:CurrentFinancialInstruments2024-03-3103815068ns5:CurrentFinancialInstruments2023-03-3103815068ns5:ShareCapital2024-03-3103815068ns5:ShareCapital2023-03-3103815068ns5:RetainedEarningsAccumulatedLosses2024-03-3103815068ns5:RetainedEarningsAccumulatedLosses2023-03-3103815068ns5:PlantMachinery2023-04-012024-03-3103815068ns5:PlantMachinery2023-03-3103815068ns5:PlantMachinery2024-03-3103815068ns5:PlantMachinery2023-03-3103815068ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103815068ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3103815068ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 03815068 (England and Wales)















BEECHWOOD SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


BEECHWOOD SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs D Grange
S M Grange





SECRETARY: Mrs D Grange





REGISTERED OFFICE: 13 Tamar Road
Melton Mowbray
Leicestershire
LE13 0DR





REGISTERED NUMBER: 03815068 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
26 Park Road
Melton Mowbray
Leicestershire
LE13 1TT

BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 692 336

CURRENT ASSETS
Debtors 5 11,800 12,897
Cash at bank 162,081 92,552
173,881 105,449
CREDITORS
Amounts falling due within one year 6 26,718 6,406
NET CURRENT ASSETS 147,163 99,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,855

99,379

PROVISIONS FOR LIABILITIES 183 64
NET ASSETS 147,672 99,315

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 147,572 99,215
SHAREHOLDERS' FUNDS 147,672 99,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2024 and were signed on its behalf by:





S M Grange - Director


BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Beechwood Systems 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.

Revenue
Revenue represents amounts charged to customers for goods and services provided during the year, excluding value added tax and trade discounts.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.3% on cost and 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.


BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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 statement of financial position 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 year 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 year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 5,777
Additions 631
At 31 March 2024 6,408
DEPRECIATION
At 1 April 2023 5,441
Charge for year 275
At 31 March 2024 5,716
NET BOOK VALUE
At 31 March 2024 692
At 31 March 2023 336

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,610 9,428
Tax - 3,469
Prepayments 190 -
11,800 12,897

BEECHWOOD SYSTEMS LIMITED (REGISTERED NUMBER: 03815068)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation 12,762 -
Other taxes and social security 9,291 -
Other creditors 1,032 -
Directors' current accounts 1,467 4,364
Accrued expenses 2,166 2,042
26,718 6,406

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100