Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01No description of principal activity12falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 5597187 2023-07-01 2024-06-30 5597187 2022-07-01 2023-06-30 5597187 2024-06-30 5597187 2023-06-30 5597187 c:CompanySecretary1 2023-07-01 2024-06-30 5597187 c:Director1 2023-07-01 2024-06-30 5597187 c:RegisteredOffice 2023-07-01 2024-06-30 5597187 d:CurrentFinancialInstruments 2024-06-30 5597187 d:CurrentFinancialInstruments 2023-06-30 5597187 d:Non-currentFinancialInstruments 2024-06-30 5597187 d:Non-currentFinancialInstruments 2023-06-30 5597187 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 5597187 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 5597187 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 5597187 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 5597187 d:ShareCapital 2024-06-30 5597187 d:ShareCapital 2023-06-30 5597187 d:RetainedEarningsAccumulatedLosses 2024-06-30 5597187 d:RetainedEarningsAccumulatedLosses 2023-06-30 5597187 c:FRS102 2023-07-01 2024-06-30 5597187 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 5597187 c:FullAccounts 2023-07-01 2024-06-30 5597187 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 5597187 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 5597187







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024


SAMUEL BEADIE (RESIDENTIAL) LIMITED






































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SAMUEL BEADIE (RESIDENTIAL) LIMITED
 


 
COMPANY INFORMATION


Director
N Lewis 




Company secretary
H J Lewis



Registered number
5597187



Registered office
Richmond House
Walkern Road

Stevenage

Hertfordshire

SG1 3QP




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

Herts

SG1 3QP





 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5

 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
REGISTERED NUMBER:5597187



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
666,779
666,779

Debtors: amounts falling due within one year
 4 
5,827
4,922

Cash at bank and in hand
  
60,049
21,292

  
732,655
692,993

Creditors: amounts falling due within one year
 5 
(6,780)
(6,780)

Net current assets
  
 
 
725,875
 
 
686,213

Total assets less current liabilities
  
725,875
686,213

Creditors: amounts falling due after more than one year
 6 
(840,412)
(840,412)

  

Net liabilities
  
(114,537)
(154,199)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(114,637)
(154,299)

  
(114,537)
(154,199)


Page 1

 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
REGISTERED NUMBER:5597187


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N Lewis
Director

Date: 22 March 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Samuel Beadie (Residential) 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the statement of financial position date the company's liabilities exceeded its assets by £114,553
(2023: £154,199). The majority of creditors on the statement on financial position are in relation to the loan account of the executors of A Deville. It has been agreed that these loan accounts will not become payable until projects in which the company and its associates are interested have been completed which is not expected to be before 30 June 2025. On this basis, the financial statements have been prepared on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Revenue is recognised as rents as amounts become due to the company.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 2).


4.


Debtors

2024
2023
£
£


Trade debtors
5,827
4,271

Other debtors
-
651

5,827
4,922



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
80
80

Amounts owed to connected company
500
500

Other creditors
5,000
5,000

Accruals and deferred income
1,200
1,200

6,780
6,780



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Due to estate of A Deville
840,412
840,412

840,412
840,412


Page 4

 


SAMUEL BEADIE (RESIDENTIAL) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Related party transactions

The company is bound by an agreement dated 17 September 2014 to work together with other parties to promote certain sites for development. It is not expected that the proceeds from this venture will be available for distribution before 30 June 2025. The parties subject to the agreement include:
- Samuel Beadie Investments Limited
- Samuel Beadie Arlesey Limited
- Samuel Beadie Residential Limited
- Warden Developments Limited
- Alan Deville (Deceased) and Susan Deville (Deceased)
- Nigel and Heather Lewis
- Peasfield Developments Limited
At the balance sheet date the company owed £840,412 (2023: £840,412) to the director. The balance can be found within creditors due more than one year. No interest is being charged on this loan.

 
Page 5