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Company Registration No. 08606881 (England and Wales)
BEAM HOMES LIMITED Unaudited accounts for the year ended 31 July 2024
BEAM HOMES LIMITED Unaudited accounts Contents
Page
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BEAM HOMES LIMITED Company Information for the year ended 31 July 2024
Director
Mrs B K Mullah
Company Number
08606881 (England and Wales)
Registered Office
FLAT 4 31 GROSVENOR ROAD WANSTEAD LONDON E11 2EW ENGLAND
Accountants
Pricewise Accountants 63 St Mary Axe City of London London EC3A 8AA
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BEAM HOMES LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,245,674 
1,244,604 
Investments
1 
1 
1,245,675 
1,244,605 
Current assets
Debtors
864,593 
899,244 
Cash at bank and in hand
18,902 
59,413 
883,495 
958,657 
Creditors: amounts falling due within one year
(551)
(500)
Net current assets
882,944 
958,157 
Total assets less current liabilities
2,128,619 
2,202,762 
Creditors: amounts falling due after more than one year
(2,006,490)
(2,059,110)
Net assets
122,129 
143,652 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
353,706 
353,706 
Profit and loss account
(231,677)
(210,154)
Shareholders' funds
122,129 
143,652 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2025 and were signed on its behalf by
Mrs B K Mullah Director Company Registration No. 08606881
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BEAM HOMES LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
BEAM HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08606881. The registered office is FLAT 4 31 GROSVENOR ROAD, WANSTEAD, LONDON, E11 2EW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
-not provided
Computer equipment
-25% on reducing balance
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
1,243,503 
4,311 
1,247,814 
Additions
- 
1,345 
1,345 
At 31 July 2024
1,243,503 
5,656 
1,249,159 
Depreciation
At 1 August 2023
- 
3,210 
3,210 
Charge for the year
- 
275 
275 
At 31 July 2024
- 
3,485 
3,485 
Net book value
At 31 July 2024
1,243,503 
2,171 
1,245,674 
At 31 July 2023
1,243,503 
1,101 
1,244,604 
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BEAM HOMES LIMITED Notes to the Accounts for the year ended 31 July 2024
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 August 2023
1 
Valuation at 31 July 2024
1 
The company's investments at the Balance Sheet date in the share capital of companies include the following: Magestic Commerce Limited Registered office: Flat 4 31 Grosvenor Road, Wanstead, London, England, E11 2EW Nature of business: Letting and operating of own properties
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
864,593 
899,244 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
551 
500 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,827 
30,831 
Amounts owed to group undertakings and other participating interests
1,938,938 
1,977,938 
Other creditors
4,892 
6,857 
Loans from directors
41,833 
43,484 
2,006,490 
2,059,110 
9
Controlling party
The controlling party is Mrs B K Mullah.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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