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REGISTERED NUMBER: 01146335 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 December 2024

for

B.E. Allen & Sons, Limited

B.E. Allen & Sons, Limited (Registered number: 01146335)

Contents of the Financial Statements
For The Year Ended 31 December 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


B.E. Allen & Sons, Limited

Company Information
For The Year Ended 31 December 2024







Directors: R B Allen
Mrs B Allen





Secretary: Mrs B Allen





Registered office: Green Pastures
Lillingstone Lovell
Buckingham
Buckinghamshire
MK18 5BF





Registered number: 01146335 (England and Wales)





Accountants: R Vann Ltd
Chartered Certified Accountants
Ironstone House
Ironstone Way
Brixworth
Northamptonshire
NN6 9UD

B.E. Allen & Sons, Limited (Registered number: 01146335)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
Fixed assets
Tangible assets 4 55,803 66,256
Investment property 5 900,000 900,000
955,803 966,256

Current assets
Stocks 1,613 100
Debtors 6 40,085 38,069
Cash at bank 117,866 121,624
159,564 159,793
Creditors
Amounts falling due within one year 7 19,895 18,400
Net current assets 139,669 141,393
Total assets less current liabilities 1,095,472 1,107,649

Provisions for liabilities 8 72,185 72,185
Net assets 1,023,287 1,035,464

B.E. Allen & Sons, Limited (Registered number: 01146335)

Balance Sheet - continued
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
Capital and reserves
Called up share capital 9 500 500
Revaluation reserve 10 591,519 591,519
Capital redemption reserve 500 500
Retained earnings 430,768 442,945
Shareholders' funds 1,023,287 1,035,464

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 March 2025 and were signed on its behalf by:





R B Allen - Director


B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements
For The Year Ended 31 December 2024


1. Statutory information

B.E. Allen & Sons, 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 as modified by the revaluation of certain assets.

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.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on reducing balance and 10% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.


B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements - continued
For The Year Ended 31 December 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.

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.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


4. Tangible fixed assets
Fixtures
Short and
leasehold Machinery fittings
£    £    £   
Cost
At 1 January 2024 38,056 60,443 16,793
Additions - 1,348 768
At 31 December 2024 38,056 61,791 17,561
Depreciation
At 1 January 2024 38,056 35,154 14,584
Charge for year - 2,598 279
Eliminated on disposal - - -
At 31 December 2024 38,056 37,752 14,863
Net book value
At 31 December 2024 - 24,039 2,698
At 31 December 2023 - 25,289 2,209

B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


4. Tangible fixed assets - continued

Motor Plant and
vehicles vehicles Totals
£    £    £   
Cost
At 1 January 2024 48,210 78,339 241,841
Additions - - 2,116
At 31 December 2024 48,210 78,339 243,957
Depreciation
At 1 January 2024 45,346 42,445 175,585
Charge for year 717 - 3,594
Eliminated on disposal - 8,975 8,975
At 31 December 2024 46,063 51,420 188,154
Net book value
At 31 December 2024 2,147 26,919 55,803
At 31 December 2023 2,864 35,894 66,256

5. Investment property
Total
£   
Fair value
At 1 January 2024
and 31 December 2024 900,000
Net book value
At 31 December 2024 900,000
At 31 December 2023 900,000

B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


5. Investment property - continued

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 663,704
Cost 236,296
900,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors.
The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties in the immediate location

6. Debtors
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Other debtors 1,750 1,456

Amounts falling due after more than one year:
Loans and deferred tax 38,335 36,613

Aggregate amounts 40,085 38,069

7. Creditors: amounts falling due within one year
31.12.24 31.12.23
£    £   
Trade creditors 396 304
Taxation and social security 3,786 2,337
Other creditors 15,713 15,759
19,895 18,400

B.E. Allen & Sons, Limited (Registered number: 01146335)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


8. Provisions for liabilities
31.12.24 31.12.23
£    £   
Deferred tax
On investment property
revaluations 72,185 72,185
72,185 72,185

Deferred
tax
£   
Balance at 1 January 2024 72,185
Balance at 31 December 2024 72,185

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
500 Ordinary 1 500 500

10. Reserves
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 591,519