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Registration number: 12370058

Beswick Funding Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Beswick Funding Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Beswick Funding Ltd

Company Information

Directors

D J Beswick

Mrs J Beswick

Miss A J Beswick

Registered office

6 Pool House Road, Higher Poynton,
Poynton, Stockport
Cheshire
England
SK12 1TY

Accountants

Nolan James Ltd
Suite 1 Armcon Business Park,
London Road South,
Poynton,
Cheshire,
SK12 1LQ

 

Beswick Funding Ltd

(Registration number: 12370058)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

450

290

Current assets

 

Debtors

5

5,624

5,460

Cash at bank and in hand

 

7,405

5,518

 

13,029

10,978

Creditors: Amounts falling due within one year

6

(8,157)

(7,390)

Net current assets

 

4,872

3,588

Net assets

 

5,322

3,878

Capital and reserves

 

Called up share capital

36

2

Retained earnings

5,286

3,876

Shareholders' funds

 

5,322

3,878

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 March 2025 and signed on its behalf by:
 

.........................................
D J Beswick
Director

 

Beswick Funding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

Statutory information

Beswick Funding Ltd 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.

These financial statements were authorised for issue by the Board on 6 March 2025.

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 Statement of Income 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.

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

Tangible assets

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% on cost

3

Employees and Directors

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Beswick Funding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Plant and machinery etc
 £

Total
£

Cost or valuation

At 1 January 2024

9,602

9,602

Additions

488

488

At 31 December 2024

10,090

10,090

Depreciation

At 1 January 2024

9,312

9,312

Charge for the year

328

328

At 31 December 2024

9,640

9,640

Carrying amount

At 31 December 2024

450

450

At 31 December 2023

290

290

5

Debtors

Current

2024
£

2023
£

Trade debtors

5,624

5,458

Other debtors

-

2

 

5,624

5,460

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

6,997

6,347

Other creditors

1,160

1,043

8,157

7,390