2023-04-01 05582501 2024-03-31 05582501 2023-04-01 2024-03-31 05582501 2023-03-31 05582501 2022-04-01 2023-03-31 05582501 uk-core:WithinOneYear 2023-03-31 05582501 uk-core:WithinOneYear 2024-03-31 05582501 uk-core:ShareCapital 2024-03-31 05582501 uk-core:ShareCapital 2023-03-31 05582501 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 05582501 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05582501 uk-bus:Director1 2023-04-01 2024-03-31 05582501 uk-core:FurnitureFittings 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure 05582501 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05582501 uk-bus:FRS102 2023-04-01 2024-03-31 05582501 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 05582501 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Beechwood Consulting (UK) Limited
Registered Number:05582501
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Beechwood Consulting (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05582501
As at 31 March 2024
Beechwood Consulting (UK) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
459
612
2
459
612
Current assets
Trade and other receivables
8,640
4,140
3
58,825
Cash and cash equivalents
73,175
77,315
67,465
Trade and other payables: amounts falling due within one
year
(34,475)
(35,858)
4
32,990
41,457
Net current assets
Total assets less current liabilities
41,916
33,602
41,916
Net assets
33,602
Capital and reserves
Called up share capital
1
1
Retained earnings
41,915
33,601
41,916
33,602
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr S.N. Wilding Director
These financial statements were approved and authorised for issue by the Board on 29 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Beechwood Consulting (UK) Limited
Notes to the Financial Statements
Statutory Information
Beechwood Consulting (UK) Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 05582501.
Registered address:
7 Speechly Mews
Alvington Crescent
London
E8 2NQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and
the Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Turnover is recognised on the completion of each large contract assignment or small job, in accordance with the contract terms.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and fittings
Inventories
Income on work in progress contracts is recognised by reference to the valuation of time spent on each contract, at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to fairly reflect the profit arising up to the year end. Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
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 the 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 timing differences. 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 future profits.
2 of 3
5
For the year ended 31 March 2024
Beechwood Consulting (UK) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 April 2023
5,935
At 31 March 2024
5,935
Provision for depreciation and impairment
At 01 April 2023
5,323
Charge for year
153
At 31 March 2024
5,476
At 31 March 2024
Net book value
459
At 31 March 2023
612
3. Trade and other receivables
2023
2024
£
£
Trade debtors
4,140
8,640
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
120
Taxation and social security
23,530
24,133
Other creditors
12,328
10,222
35,858
34,475
5. Related party transactions
The director is also a shareholder of the company. Dividends paid to Mr S.N. Wilding, as director and
shareholder of the company, during the year (with the previous year shown in brackets) were £35,000
(£40,000).
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3