Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31false2023-08-01true0falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseProperty development0 13494659 2023-08-01 2024-07-31 13494659 2022-08-01 2023-07-31 13494659 2024-07-31 13494659 2023-07-31 13494659 c:Director1 2023-08-01 2024-07-31 13494659 d:CurrentFinancialInstruments 2024-07-31 13494659 d:CurrentFinancialInstruments 2023-07-31 13494659 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 13494659 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13494659 d:ShareCapital 2024-07-31 13494659 d:ShareCapital 2023-07-31 13494659 d:RetainedEarningsAccumulatedLosses 2024-07-31 13494659 d:RetainedEarningsAccumulatedLosses 2023-07-31 13494659 c:OrdinaryShareClass1 2023-08-01 2024-07-31 13494659 c:OrdinaryShareClass1 2024-07-31 13494659 c:OrdinaryShareClass1 2023-07-31 13494659 c:OrdinaryShareClass2 2023-08-01 2024-07-31 13494659 c:OrdinaryShareClass2 2024-07-31 13494659 c:OrdinaryShareClass2 2023-07-31 13494659 c:FRS102 2023-08-01 2024-07-31 13494659 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13494659 c:FullAccounts 2023-08-01 2024-07-31 13494659 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13494659 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13494659














BEDA EAGLE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

 
BEDA EAGLE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 4


 
BEDA EAGLE LIMITED
REGISTERED NUMBER:13494659

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
630,098
563,823

Debtors: amounts falling due within one year
 4 
160
60

Cash at bank and in hand
  
80
36

  
630,338
563,919

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(630,372)
(563,940)

Net liabilities
  
(34)
(21)


Capital and reserves
  

Called up share capital 
 6 
5
5

Profit and loss account
  
(39)
(26)

  
(34)
(21)


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 comprehensive income 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 on 25 April 2025.




D M Lachs
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BEDA EAGLE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Beda Eagle Limited is a private company, limited by shares, incorporated in England and Wales. Its  registered office and business address is C/O Northmount Property Bank House, Bury Old Road, Salford, M7 4PX.
The principal activity of the Company is that of property development.

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

The director is satisfied that the Company will have sufficient financial resources to meet its liabilities as and when they fall due for at least twelve months from the date the financial statements are approved and accordingly the director has prepared the accounts on a going concern basis.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
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. Work in progress and finished goods include labour and attributable overheads.
In considering the net realisable value of land and properties it is assumed that developments will be completed and sold in the ordinary course of the company's business and that they would not be placed on the market for immediate sale.

 
2.5

Debtors

Short term debtors are measured at the transaction price.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 2

 
BEDA EAGLE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from related parties. 


3.


Employees

The Company has no employees other than the director.






4.


Debtors

2024
2022
£
£


Other debtors
160
60



5.


Creditors: Amounts falling due within one year

2024
2022
£
£

Other loan
297,500
297,500

Trade creditors
9,629
1,556

Other creditors
323,243
264,884

630,372
563,940


The other loan is secured by a fixed and floating charge over the assets of the Company.

Page 3

 
BEDA EAGLE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Share capital

2024
2022
£
£
Ordinary shares



2 (2023 - 2) Ordinary shares of £1 each, allotted, called up and paid
2
2
3 (2023 - 3) Ordinary shares of £1 each, allotted, called up and unpaid
3
3

5

5


Page 4