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REGISTERED NUMBER: 10163434 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

FULL BEAM CAPITAL LIMITED

FULL BEAM CAPITAL LIMITED (REGISTERED NUMBER: 10163434)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FULL BEAM CAPITAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: E J B Fitzpatrick
A P Fitzpatrick





REGISTERED OFFICE: Room 73, Wrest House Wrest Park
Silsoe
Bedford
MK45 4HR





REGISTERED NUMBER: 10163434 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

FULL BEAM CAPITAL LIMITED (REGISTERED NUMBER: 10163434)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,000,000 3,000,000

CURRENT ASSETS
Debtors 5 - 12,044
Investments 6 114,602 220,269
Cash at bank 12,956 8,337
127,558 240,650
CREDITORS
Amounts falling due within one year 7 1,441 1,441
NET CURRENT ASSETS 126,117 239,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,126,117

3,239,209

CREDITORS
Amounts falling due after more than one year 8 2,559,014 2,751,014
NET ASSETS 567,103 488,195

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 567,101 488,193
SHAREHOLDERS' FUNDS 567,103 488,195

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.

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 3 December 2024 and were signed on its behalf by:





A P Fitzpatrick - Director


FULL BEAM CAPITAL LIMITED (REGISTERED NUMBER: 10163434)

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

1. STATUTORY INFORMATION

Full Beam Capital 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost
At 1 April 2023
and 31 March 2024 3,000,000
Net book value
At 31 March 2024 3,000,000
At 31 March 2023 3,000,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax - 12,044

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 114,602 220,269

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 1,441 1,441

FULL BEAM CAPITAL LIMITED (REGISTERED NUMBER: 10163434)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Directors' loan account 2,559,014 2,751,014

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2

10. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £2,559,014 (2023: £2,751,015) due to the directors of the company. No interest has been charged on this balance during the year (2023: £Nil) and there are no set repayment terms.