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REGISTERED NUMBER: 10781725 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Beale Halai Limited

Beale Halai Limited (Registered number: 10781725)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

Beale Halai Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J Halai
J Beale





REGISTERED OFFICE: 1 Kings Park
Primrose Hill
Kings Langley
WD4 8ST





REGISTERED NUMBER: 10781725 (England and Wales)





ACCOUNTANTS: Key Ledgers
C204, Cunningham House
19-21 Westfield Lane
Harrow
HA3 9ED

Beale Halai Limited (Registered number: 10781725)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 328,036 109,099

CURRENT ASSETS
Debtors 5 4,653,429 3,931,033
Cash at bank and in hand 238,676 21,439
4,892,105 3,952,472
CREDITORS
Amounts falling due within one year 6 3,926,154 2,315,252
NET CURRENT ASSETS 965,951 1,637,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,293,987

1,746,319

CREDITORS
Amounts falling due after more than
one year

7

245,998

717,502
NET ASSETS 1,047,989 1,028,817

Beale Halai Limited (Registered number: 10781725)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 8 1,047,879 1,028,707
SHAREHOLDERS' FUNDS 1,047,989 1,028,817

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 1 March 2025 and were signed on its behalf by:




J Beale - Director



J Halai - Director


Beale Halai Limited (Registered number: 10781725)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Beale Halai 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

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.

Beale Halai Limited (Registered number: 10781725)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 12,485 15,834 164,345 11,817 204,481
Additions - 43,054 221,671 4,437 269,162
At 31 March 2024 12,485 58,888 386,016 16,254 473,643
DEPRECIATION
At 1 April 2023 5,962 8,733 71,132 9,555 95,382
Charge for year 1,631 5,949 40,456 2,189 50,225
At 31 March 2024 7,593 14,682 111,588 11,744 145,607
NET BOOK VALUE
At 31 March 2024 4,892 44,206 274,428 4,510 328,036
At 31 March 2023 6,523 7,101 93,213 2,262 109,099

Beale Halai Limited (Registered number: 10781725)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 87,793
Additions 221,671
At 31 March 2024 309,464
DEPRECIATION
At 1 April 2023 27,422
Charge for year 32,246
At 31 March 2024 59,668
NET BOOK VALUE
At 31 March 2024 249,796
At 31 March 2023 60,371

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Trade debtors 624,969 880,565
Amounts owed by associates 693,935 262,535
Amounts recoverable on contract 2,629,218 2,333,139
Other debtors 705,307 454,794
4,653,429 3,931,033

Beale Halai Limited (Registered number: 10781725)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 106,210 20,445
Trade creditors 2,193,716 1,673,098
Taxation and social security 292,481 326,510
Other creditors 1,333,747 295,199
3,926,154 2,315,252

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 112,559 670,150
Hire purchase contracts 133,439 47,352
245,998 717,502

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 112,559 162,566
Loan from Excelsior Property I - 507,584
112,559 670,150

8. RESERVES
Retained
earnings
£   

At 1 April 2023 1,028,707
Profit for the year 156,152
Dividends (136,980 )
At 31 March 2024 1,047,879

Beale Halai Limited (Registered number: 10781725)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, Mr. J Beale and Mr. J Halai.

Beale Halai Limited

Report of the Accountants to the Directors of
Beale Halai Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Key Ledgers
C204, Cunningham House
19-21 Westfield Lane
Harrow
HA3 9ED


1 March 2025