10 10 Beadnell Links Limited 00596631 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Camping Grounds, Recreational Vehicle Pa Digita Accounts Production Advanced 6.30.9574.0 true 00596631 2024-01-01 2024-12-31 00596631 2024-12-31 00596631 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2024-12-31 00596631 core:CurrentFinancialInstruments 2024-12-31 00596631 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 00596631 core:FurnitureFittings 2024-12-31 00596631 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 00596631 core:PlantMachinery 2024-12-31 00596631 bus:SmallEntities 2024-01-01 2024-12-31 00596631 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 00596631 bus:FilletedAccounts 2024-01-01 2024-12-31 00596631 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00596631 bus:RegisteredOffice 2024-01-01 2024-12-31 00596631 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 00596631 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00596631 core:FurnitureFittings 2024-01-01 2024-12-31 00596631 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00596631 core:PlantMachinery 2024-01-01 2024-12-31 00596631 countries:EnglandWales 2024-01-01 2024-12-31 00596631 2023-12-31 00596631 core:FurnitureFittings 2023-12-31 00596631 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 00596631 core:PlantMachinery 2023-12-31 00596631 2023-01-01 2023-12-31 00596631 2023-12-31 00596631 core:CurrentFinancialInstruments 2023-12-31 00596631 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 00596631 core:FurnitureFittings 2023-12-31 00596631 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 00596631 core:PlantMachinery 2023-12-31 xbrli:pure iso4217:GBP

Registration number: 00596631

Beadnell Links Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Beadnell Links Limited

(Registration number: 00596631)
Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

448,541

462,552

Current assets

 

Debtors

6

3,153

6,010

Other financial assets

5

429,647

440,791

Cash at bank and in hand

 

79,979

75,821

 

512,779

522,622

Creditors: Amounts falling due within one year

7

(45,049)

(54,325)

Net current assets

 

467,730

468,297

Total assets less current liabilities

 

916,271

930,849

Provisions for liabilities

(34,487)

(47,693)

Net assets

 

881,784

883,156

Capital and reserves

 

Called up share capital

27,354

27,354

Capital redemption reserve

1,746

1,746

Retained earnings

852,684

854,056

Shareholders' funds

 

881,784

883,156

 

Beadnell Links Limited

(Registration number: 00596631)
Statement of Financial Position as at 31 December 2024

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 20 March 2025 and signed on its behalf by:
 

.........................................
Mr Richard William Breakey
Company secretary and director

 

Beadnell Links Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Beadnell Harbour
Beadnell
Northumberland
NE67 5BN

These financial statements were authorised for issue by the Board on 20 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in British Pounds Sterling, which is also the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Beadnell Links Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2023 - 10).

 

Beadnell Links Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 January 2024

495,860

36,546

131,087

663,493

Additions

-

2,183

-

2,183

Disposals

(13,941)

(590)

(24,832)

(39,363)

At 31 December 2024

481,919

38,139

106,255

626,313

Depreciation

At 1 January 2024

58,458

28,590

113,893

200,941

Charge for the year

4,387

2,426

4,980

11,793

Eliminated on disposal

(9,540)

(590)

(24,832)

(34,962)

At 31 December 2024

53,305

30,426

94,041

177,772

Carrying amount

At 31 December 2024

428,614

7,713

12,214

448,541

At 31 December 2023

437,402

7,956

17,194

462,552

5

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Current financial assets

Cost or valuation

At 1 January 2024

440,791

440,791

Additions

4,864

4,864

Disposals

(57,259)

(57,259)

Transfers

41,251

41,251

At 31 December 2024

429,647

429,647

Impairment

Carrying amount

At 31 December 2024

429,647

429,647

 

Beadnell Links Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current

2024
£

2023
£

Trade debtors

1,822

3,389

Prepayments

1,239

1,149

Other debtors

92

1,472

 

3,153

6,010

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

3,102

(1,157)

Taxation and social security

39,976

53,715

Accruals and deferred income

1,850

1,767

Other creditors

121

-

45,049

54,325