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REGISTERED NUMBER: 05477610 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

BEECROFT & PRICE PROPERTIES LIMITED

BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEECROFT & PRICE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: R J Price





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 05477610 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,799 30,799
Investment property 5 78,627 76,993
109,426 107,792

CURRENT ASSETS
Cash at bank 1,303 23,227

CREDITORS
Amounts falling due within one year 6 100,654 115,830
NET CURRENT LIABILITIES (99,351 ) (92,603 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,075

15,189

CREDITORS
Amounts falling due after more than one
year

7

2,652

5,215
NET ASSETS 7,423 9,974

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 7,421 9,972
SHAREHOLDERS' FUNDS 7,423 9,974

BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)

BALANCE SHEET - continued
30TH APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd January 2025 and were signed by:





R J Price - Director


BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Beecroft & Price Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fix, fit, tools & equip - 10% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account 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.

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 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 1 (2023 - 1 ) .

BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. TANGIBLE FIXED ASSETS
Fix, fit,
Freehold tools &
property equip Totals
£    £    £   
COST
At 1st May 2023 30,799 188 30,987
Disposals - (188 ) (188 )
At 30th April 2024 30,799 - 30,799
DEPRECIATION
At 1st May 2023 - 188 188
Eliminated on disposal - (188 ) (188 )
At 30th April 2024 - - -
NET BOOK VALUE
At 30th April 2024 30,799 - 30,799
At 30th April 2023 30,799 - 30,799

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023 76,993
Additions 1,634
At 30th April 2024 78,627
NET BOOK VALUE
At 30th April 2024 78,627
At 30th April 2023 76,993

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 2,556 2,493
Tax 8,116 8,522
Other creditors 40,000 93,674
Directors' current accounts 48,502 9,806
Accruals & prepaid rents 1,480 1,335
100,654 115,830

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 2,652 5,215

BEECROFT & PRICE PROPERTIES LIMITED (REGISTERED NUMBER: 05477610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 2,556 2,493

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,652 2,556

Amounts falling due between two and five years:
Bank loans - 2-5 years - 2,659

9. CALLED UP SHARE CAPITAL

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

10. ULTIMATE CONTROLLING PARTY

The director holds a 100% controlling interest in the issued share capital.