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REGISTERED NUMBER: 04555500 (England and Wales)















Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 30 April 2024

for

Beachampton Group Limited

Beachampton Group Limited (Registered number: 04555500)






Contents of the Consolidated Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Group Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4

Consolidated Income Statement 8

Consolidated Other Comprehensive Income 9

Consolidated Balance Sheet 10

Company Balance Sheet 11

Consolidated Statement of Changes in Equity 12

Company Statement of Changes in Equity 13

Consolidated Cash Flow Statement 14

Notes to the Consolidated Cash Flow Statement 15

Notes to the Consolidated Financial Statements 16


Beachampton Group Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs S R Smith
A D Smith





SECRETARY: A D Smith





REGISTERED OFFICE: Station Yard
Station Road
Ridgmont
Bedfordshire
MK43 0XP





REGISTERED NUMBER: 04555500 (England and Wales)





AUDITORS: Godfrey Laws & Co Limited
Statutory Auditors
65 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

Beachampton Group Limited (Registered number: 04555500)

Group Strategic Report
for the Year Ended 30 April 2024

The directors present their strategic report of the company and the group for the year ended 30 April 2024.

REVIEW OF BUSINESS
The tipping trailer and walking floor markets in the UK remain small, highly segmented and volatile. The company has a good portfolio of brands to offer to each segment, with each of the brands recognized by customers as desirable and the top two of their type.

Sales and profits have fallen during the year due to economic headwinds. We expect this to continue into the following trading year and through to the first half of 2025. The low levels of overheads meant the business will continue to generate profits albeit at a lower level.

PRINCIPAL RISKS AND UNCERTAINTIES
Sales into some sectors of the UK market remains a little uncertain due to economic headwinds.

We would see a reasonable year in 2024/25 to be trading approximately in line with 2023/24.

New participants in the industry will act as strong competitors to us in 2024/25 and will potentially squeeze both margins and sales revenues, there is large potential for disturbance in the supply of trailers, were are preparing for this by exploring additional product choices for the future.

DEVELOPMENT AND PERFORMANCE
As outline previously we are not a manufacturer but a dealer in a volatile sector. Our aim is to build resilience and a small overhead of very competent staff who have the capacity to scale either a downturn or an upturn with equal speed and effectiveness.

Our goal for 2024 is to continue to maintain our market share by supplying the best products in their respective segments whilst keeping a small overhead to remain agile in response to economic uncertainty.

KEY PERFORMANCE INDICATORS
Key Financial performance indicators for the group during the year were

- Turnover decreased to £32,286,882 (2023 - £42,753,262) -24.4%

- Operating profit decreased to £2,323,012 (2023 - £4,405,117) -47.3%

- Profit after tax for the year decreased to £1,858,052 (2023 - £3,365,193) -33%

- Shareholders equity increased to £22,264,937 (2023 - £20,406,765) +11%

ON BEHALF OF THE BOARD:





A D Smith - Director


30 January 2025

Beachampton Group Limited (Registered number: 04555500)

Report of the Directors
for the Year Ended 30 April 2024

The directors present their report with the financial statements of the company and the group for the year ended 30 April 2024.

DIVIDENDS
No dividends will be distributed for the year ended 30 April 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

Mrs S R Smith
A D Smith

POLITICAL DONATIONS AND EXPENDITURE
During the year the company made charitable donations of £1,651

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

ON BEHALF OF THE BOARD:





A D Smith - Director


30 January 2025

Report of the Independent Auditors to the Members of
Beachampton Group Limited

Opinion
We have audited the financial statements of Beachampton Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 April 2024 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
_
In our opinion the financial statements:
-give a true and fair view of the state of the group's and of the parent company affairs as at 30 April 2024 and of the group's profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Beachampton Group Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Beachampton Group Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatements due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. however, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the company.

Our approach was as follows:-

Based on our understanding of the Company, the industry and discussions with management we identified Financial Reporting Standard 102 and Companies Act 2006 and UK taxation legislation.
We obtained an understanding of how the Company complies with these requirement by discussions with management and those charged with governance.
We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur and whether there had been known instances of non compliance or suspected non compliance with laws and regulations.

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:
Identify and assess the risks of the financial statements, whether due to fraud and error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, misrepresentations, or intentional omissions.
Enquiries of management regarding compliance of Laws & Regulations and any known instances of non compliance;
Examining supporting documentation for all material balances, transactions and disclosures;
Evaluation of the selection and application of accounting policies;
Reviewing the appropriateness of journal entries made in the general ledger and other adjustments made in the preparation of financial statements;
Review of accounting estimates for bias.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Beachampton Group Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Howard Ashmore FCA (Senior Statutory Auditor)
for and on behalf of Godfrey Laws & Co Limited
Statutory Auditors
65 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

30 January 2025

Beachampton Group Limited (Registered number: 04555500)

Consolidated Income Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   

TURNOVER 32,286,882 42,753,262

Cost of sales 26,341,384 35,902,072
GROSS PROFIT 5,945,498 6,851,190

Administrative expenses 3,622,486 2,446,073
OPERATING PROFIT 4 2,323,012 4,405,117

Income from shares in group undertakings 210,000 -
Interest receivable and similar income 56,789 5,648
266,789 5,648
2,589,801 4,410,765

Interest payable and similar expenses 5 176,846 234
PROFIT BEFORE TAXATION 2,412,955 4,410,531

Tax on profit 6 554,903 1,045,338
PROFIT FOR THE FINANCIAL YEAR 1,858,052 3,365,193
Profit attributable to:
Owners of the parent 1,858,052 3,365,193

Beachampton Group Limited (Registered number: 04555500)

Consolidated Other Comprehensive Income
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   

PROFIT FOR THE YEAR 1,858,052 3,365,193


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

1,858,052

3,365,193

Total comprehensive income attributable to:
Owners of the parent 1,858,052 3,365,193

Beachampton Group Limited (Registered number: 04555500)

Consolidated Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 13,564,785 12,662,361
Investments 9 20 20
13,564,805 12,662,381

CURRENT ASSETS
Stocks 10 9,272,649 7,964,969
Debtors 11 5,261,753 5,295,598
Cash at bank and in hand 95,850 2,593,312
14,630,252 15,853,879
CREDITORS
Amounts falling due within one year 12 4,839,934 6,969,688
NET CURRENT ASSETS 9,790,318 8,884,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,355,123

21,546,572

PROVISIONS FOR LIABILITIES 13 1,090,186 1,139,687
NET ASSETS 22,264,937 20,406,885

CAPITAL AND RESERVES
Called up share capital 14 120 120
Retained earnings 15 22,264,817 20,406,765
SHAREHOLDERS' FUNDS 22,264,937 20,406,885

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





A D Smith - Director


Beachampton Group Limited (Registered number: 04555500)

Company Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 13,564,785 12,662,361
Investments 9 21 21
13,564,806 12,662,382

CURRENT ASSETS
Debtors 11 4,767,568 4,596,145
Cash at bank 213 1,329,785
4,767,781 5,925,930
CREDITORS
Amounts falling due within one year 12 148,158 2,177,416
NET CURRENT ASSETS 4,619,623 3,748,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,184,429

16,410,896

PROVISIONS FOR LIABILITIES 13 915,186 889,687
NET ASSETS 17,269,243 15,521,209

CAPITAL AND RESERVES
Called up share capital 14 120 120
Retained earnings 15 17,269,123 15,521,089
SHAREHOLDERS' FUNDS 17,269,243 15,521,209

Company's profit for the financial year 1,748,034 1,576,651

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





A D Smith - Director


Beachampton Group Limited (Registered number: 04555500)

Consolidated Statement of Changes in Equity
for the Year Ended 30 April 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2022 120 17,041,572 17,041,692

Changes in equity
Total comprehensive income - 3,365,193 3,365,193
Balance at 30 April 2023 120 20,406,765 20,406,885

Changes in equity
Total comprehensive income - 1,858,052 1,858,052
Balance at 30 April 2024 120 22,264,817 22,264,937

Beachampton Group Limited (Registered number: 04555500)

Company Statement of Changes in Equity
for the Year Ended 30 April 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2022 120 13,944,438 13,944,558

Changes in equity
Total comprehensive income - 1,576,651 1,576,651
Balance at 30 April 2023 120 15,521,089 15,521,209

Changes in equity
Total comprehensive income - 1,748,034 1,748,034
Balance at 30 April 2024 120 17,269,123 17,269,243

Beachampton Group Limited (Registered number: 04555500)

Consolidated Cash Flow Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 3,273,977 2,281,680
Interest paid (176,846 ) (234 )
Provision (75,000 ) 250,000
Tax paid (907,043 ) (832,456 )
Net cash from operating activities 2,115,088 1,698,990

Cash flows from investing activities
Purchase of tangible fixed assets (4,737,033 ) (6,801,727 )
Sale of tangible fixed assets 1,977,020 2,061,678
Interest received 56,789 5,648
Dividends received 210,000 -
Net cash from investing activities (2,493,224 ) (4,734,401 )

Cash flows from financing activities
Amount introduced by directors - 2,057,078
Amount withdrawn by directors (2,119,326 ) (110,162 )
Net cash from financing activities (2,119,326 ) 1,946,916

Decrease in cash and cash equivalents (2,497,462 ) (1,088,495 )
Cash and cash equivalents at beginning of
year

2

2,593,312

3,681,807

Cash and cash equivalents at end of year 2 95,850 2,593,312

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Cash Flow Statement
for the Year Ended 30 April 2024

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

30.4.24 30.4.23
£    £   
Profit before taxation 2,412,955 4,410,531
Depreciation charges 2,781,144 2,020,143
Profit on disposal of fixed assets (923,555 ) (823,027 )
Finance costs 176,846 234
Finance income (266,789 ) (5,648 )
4,180,601 5,602,233
Increase in stocks (1,307,680 ) (3,545,027 )
Decrease/(increase) in trade and other debtors 107,002 (1,658,059 )
Increase in trade and other creditors 294,054 1,882,533
Cash generated from operations 3,273,977 2,281,680

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 April 2024
30.4.24 1.5.23
£    £   
Cash and cash equivalents 95,850 2,593,312
Year ended 30 April 2023
30.4.23 1.5.22
£    £   
Cash and cash equivalents 2,593,312 3,681,807


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.5.23 Cash flow At 30.4.24
£    £    £   
Net cash
Cash at bank and in hand 2,593,312 (2,497,462 ) 95,850
2,593,312 (2,497,462 ) 95,850
Total 2,593,312 (2,497,462 ) 95,850

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Beachampton Group 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 General 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" 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 - 2% on cost
Hire Assets - 20% on reducing balance
Plant and machinery - 15% and 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS
30.4.24 30.4.23
£    £   
Wages and salaries 1,771,955 1,497,978
Social security costs 158,505 165,968
Other pension costs 58,917 36,941
1,989,377 1,700,887

The average number of employees during the year was as follows:
30.4.24 30.4.23

Administration 20 18
Workshop 15 16
35 34

The average number of employees by undertakings that were proportionately consolidated during the year was 2 (2023 - 3 ) .

30.4.24 30.4.23
£    £   
Directors' remuneration 80,000 80,000

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

30.4.24 30.4.23
£    £   
Other operating leases 190,290 209,347
Depreciation - owned assets 2,781,144 2,020,144
Profit on disposal of fixed assets (923,555 ) (823,027 )
Foreign exchange differences (893 ) (9,581 )

5. INTEREST PAYABLE AND SIMILAR EXPENSES
30.4.24 30.4.23
£    £   
Bank loan interest - 234
Interest paid 176,846 -
176,846 234

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.4.24 30.4.23
£    £   
Current tax:
UK corporation tax 539,334 725,637
Prior year tax adjustment (9,930 ) -
Total current tax 529,404 725,637

Deferred tax 25,499 319,701
Tax on profit 554,903 1,045,338

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

30.4.24 30.4.23
£    £   
Profit before tax 2,412,955 4,410,531
Profit multiplied by the standard rate of corporation tax in the UK of 25 %
(2023 - 19.493 %)

603,239

859,745

Effects of:
Expenses not deductible for tax purposes 4,409 (684 )
Income not taxable for tax purposes (52,500 ) -
Capital allowances in excess of depreciation (15,814 ) (133,424 )
Adjustments to tax charge in respect of previous periods (9,930 ) -
Deferred tax 25,499 319,701
Total tax charge 554,903 1,045,338

7. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

8. TANGIBLE FIXED ASSETS

Group
Freehold Hire Plant and
property Assets machinery
£    £    £   
COST
At 1 May 2023 2,085,731 16,585,917 932,226
Additions - 4,693,473 -
Disposals - (1,981,346 ) -
At 30 April 2024 2,085,731 19,298,044 932,226
DEPRECIATION
At 1 May 2023 357,033 5,841,840 897,574
Charge for year 41,715 2,682,269 13,585
Eliminated on disposal - (927,881 ) -
At 30 April 2024 398,748 7,596,228 911,159
NET BOOK VALUE
At 30 April 2024 1,686,983 11,701,816 21,067
At 30 April 2023 1,728,698 10,744,077 34,652

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 May 2023 106,650 330,324 20,040,848
Additions 22,947 20,613 4,737,033
Disposals - - (1,981,346 )
At 30 April 2024 129,597 350,937 22,796,535
DEPRECIATION
At 1 May 2023 102,548 179,492 7,378,487
Charge for year 3,465 40,110 2,781,144
Eliminated on disposal - - (927,881 )
At 30 April 2024 106,013 219,602 9,231,750
NET BOOK VALUE
At 30 April 2024 23,584 131,335 13,564,785
At 30 April 2023 4,102 150,832 12,662,361

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

8. TANGIBLE FIXED ASSETS - continued

Company
Freehold Hire Plant and
property Assets machinery
£    £    £   
COST
At 1 May 2023 2,085,731 16,585,917 932,226
Additions - 4,693,473 -
Disposals - (1,981,346 ) -
At 30 April 2024 2,085,731 19,298,044 932,226
DEPRECIATION
At 1 May 2023 357,033 5,841,840 897,574
Charge for year 41,715 2,682,269 13,585
Eliminated on disposal - (927,881 ) -
At 30 April 2024 398,748 7,596,228 911,159
NET BOOK VALUE
At 30 April 2024 1,686,983 11,701,816 21,067
At 30 April 2023 1,728,698 10,744,077 34,652

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 May 2023 106,650 330,324 20,040,848
Additions 22,947 20,613 4,737,033
Disposals - - (1,981,346 )
At 30 April 2024 129,597 350,937 22,796,535
DEPRECIATION
At 1 May 2023 102,548 179,492 7,378,487
Charge for year 3,465 40,110 2,781,144
Eliminated on disposal - - (927,881 )
At 30 April 2024 106,013 219,602 9,231,750
NET BOOK VALUE
At 30 April 2024 23,584 131,335 13,564,785
At 30 April 2023 4,102 150,832 12,662,361

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

9. FIXED ASSET INVESTMENTS

Group Company
30.4.24 30.4.23 30.4.24 30.4.23
£    £    £    £   
Shares in group undertakings - - 1 1
Other investments not loans 20 20 20 20
20 20 21 21

Additional information is as follows:


Investments (neither listed nor unlisted) were as follows:
30.4.24 30.4.23
£    £   
Other investments 20 20
Company
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 1
NET BOOK VALUE
At 30 April 2024 1
At 30 April 2023 1

Investments (neither listed nor unlisted) were as follows:
30.4.24 30.4.23
£    £   
Other investments 20 20

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiary

Newton Trailers Limited
Registered office: Station Yard, Station Road, Ridgmont, Bedfordshire, MK43 0XP, England
Nature of business:
%
Class of shares: holding
Ordinary shares 100.00
30.4.24 30.4.23
£    £   
Aggregate capital and reserves 5,391,574 4,885,677
Profit for the year 1,105,898 2,388,542

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

9. FIXED ASSET INVESTMENTS - continued

Associated company

Newton Securities Limited
Registered office: Water End Farm Water End, Eversholt, Milton Keynes, England, MK17 9EA
Nature of business: Development company
%
Class of shares: holding
Ordinary shares 25.01
31.3.24 31.3.23
£    £   
Aggregate capital and reserves 429,462 1,267,639
(Loss)/profit for the year (838,377 ) 859,924


10. STOCKS

Group
30.4.24 30.4.23
£    £   
Finished goods 9,272,649 7,964,969

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
30.4.24 30.4.23 30.4.24 30.4.23
£    £    £    £   
Trade debtors 3,189,207 5,065,803 - -
Other debtors 1,927,602 - 1,777,731 -
Amounts owed by subsidiary - - 2,916,680 4,436,145
Directors' current accounts 73,157 - 73,157 -
Prepayments 71,787 229,795 - 160,000
5,261,753 5,295,598 4,767,568 4,596,145

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
30.4.24 30.4.23 30.4.24 30.4.23
£    £    £    £   
Trade creditors 1,034,873 1,789,709 (1 ) -
Tax (196,296 ) 181,343 140,034 32,039
Social security and other taxes - 77,676 - 11,083
VAT 480,886 1,167,218 - -
Other creditors 2,725,068 314,621 - 80,000
Accrued defined contribution - 9,439 - -
Directors' current accounts - 2,046,169 - 2,046,169
Accrued expenses 302,632 626,159 8,125 8,125
Deferred income 492,771 757,354 - -
4,839,934 6,969,688 148,158 2,177,416

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

13. PROVISIONS FOR LIABILITIES

Group Company
30.4.24 30.4.23 30.4.24 30.4.23
£    £    £    £   
Deferred tax
Accelerated capital allowances 915,186 889,687 915,186 889,687

Other provisions 175,000 250,000 - -

Aggregate amounts 1,090,186 1,139,687 915,186 889,687

Group
Deferred
tax
£   
Balance at 1 May 2023 889,687
Provided during year 25,499
Balance at 30 April 2024 915,186

Company
Deferred
tax
£   
Balance at 1 May 2023 889,687
Provided during year 25,499
Balance at 30 April 2024 915,186

14. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
120 Ordinary 1 120 120

15. RESERVES

Group
Retained
earnings
£   

At 1 May 2023 20,406,765
Profit for the year 1,858,052
At 30 April 2024 22,264,817

Beachampton Group Limited (Registered number: 04555500)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30 April 2024

15. RESERVES - continued

Company
Retained
earnings
£   

At 1 May 2023 15,521,089
Profit for the year 1,748,034
At 30 April 2024 17,269,123


16. FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The company is part of a VAT group. In accordance with VAT group registration rules, there is an automatic cross guarantee given to H M Revenue & Customs in respect of the combined VAT liability across the two entities. At the balance sheet date the combined VAT liability of the group was £480,885 (2023 - £1,193,798).