BEACON WEALTH GROUP LIMITED

Company Registration Number:
04469525 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BEACON WEALTH GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BEACON WEALTH GROUP LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 6,268 6,550
Investments: 4 2,375,324 2,377,324
Total fixed assets: 2,381,592 2,383,874
Current assets
Debtors:   9,898 14,090
Cash at bank and in hand: 51,506 33,969
Total current assets: 61,404 48,059
Creditors: amounts falling due within one year:   (8,170) (7,651)
Net current assets (liabilities): 53,234 40,408
Total assets less current liabilities: 2,434,826 2,424,282
Total net assets (liabilities): 2,434,826 2,424,282
Capital and reserves
Called up share capital: 104 104
Profit and loss account: 2,434,722 2,424,178
Shareholders funds: 2,434,826 2,424,282

The notes form part of these financial statements

BEACON WEALTH GROUP LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 March 2025
and signed on behalf of the board by:

Name: Anthony John Larkins
Status: Director

The notes form part of these financial statements

BEACON WEALTH GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BEACON WEALTH GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

BEACON WEALTH GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 91,765
Additions 1,160
Disposals (5,475)
At 31 December 2024 87,450
Depreciation
At 01 January 2024 85,215
Charge for year 1,442
On disposals (5,475)
At 31 December 2024 81,182
Net book value
At 31 December 2024 6,268
At 31 December 2023 6,550

BEACON WEALTH GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investments represent the amounts invested into the ordinary shares of and interest bearing loans to subsidiary companies, valued atthe historic costs less impairments.

BEACON WEALTH GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: Beacon Wealth Estates Ltd
Relationship:
100% subsidiary company of Beacon Wealth Group Ltd
Description of the Transaction: Fixed rate loan
£
Balance at 01 January 2024 2,075,487
Balance at 31 December 2024 2,073,487