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REGISTERED NUMBER: 09699823 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BEDESTONE HOLDINGS LIMITED

BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEDESTONE HOLDINGS LIMITED

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTORS: D J Rhodes
R J Stanley





REGISTERED OFFICE: Boulton House 41
Icknield Street
Hockley
Birmingham
West Midlands
B18 5AY





REGISTERED NUMBER: 09699823 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 461,773 248,257
Investments 6 100 100
461,874 248,358

CURRENT ASSETS
Debtors 7 241,255 266,713
Cash at bank 5,081 159,303
246,336 426,016
CREDITORS
Amounts falling due within one year 8 26,516 19,463
NET CURRENT ASSETS 219,820 406,553
TOTAL ASSETS LESS CURRENT
LIABILITIES

681,694

654,911

CREDITORS
Amounts falling due after more than one
year

9

(101,700

)

(108,171

)

PROVISIONS FOR LIABILITIES (5,524 ) (7,365 )
NET ASSETS 574,470 539,375

CAPITAL AND RESERVES
Called up share capital 11 200 200
Retained earnings 574,270 539,175
SHAREHOLDERS' FUNDS 574,470 539,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

BALANCE SHEET - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by Richard Stanley the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





R J Stanley - Director


BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Bedestone Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Bedestone Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

The company's wholly owned subsidiary is Bedestone Limited.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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
Plant and machinery - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

2. ACCOUNTING POLICIES - continued
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 NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 1
NET BOOK VALUE
At 31 July 2024 1
At 31 July 2023 1

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 August 2023 254,412 42,160 296,572
Additions 225,969 - 225,969
At 31 July 2024 480,381 42,160 522,541
DEPRECIATION
At 1 August 2023 35,616 12,699 48,315
Charge for year 5,088 7,365 12,453
At 31 July 2024 40,704 20,064 60,768
NET BOOK VALUE
At 31 July 2024 439,677 22,096 461,773
At 31 July 2023 218,796 29,461 248,257

BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 100
NET BOOK VALUE
At 31 July 2024 100
At 31 July 2023 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 235,670 261,920
VAT - 1,619
Prepayments and accrued income 5,585 3,174
241,255 266,713

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,914 4,767
Tax 13,928 11,021
VAT 3,000 -
Directors' current accounts 2,010 2,010
Accrued expenses 1,664 1,665
26,516 19,463

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,473 5,246
Bank loans - 2-5 years 23,304 18,882
Bank loans more 5 yr by instal 71,923 84,043
101,700 108,171

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 71,923 84,043

BEDESTONE HOLDINGS LIMITED (REGISTERED NUMBER: 09699823)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 107,614 112,938

Ban loan is secured on the freehold property.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 200 200