BEAUMONT AND PARTNERS LTD
Registered number: 12175720
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 620,147 621,434
Current assets
Debtors 4 39,045 69,105
Cash at bank and in hand 5,079 5,859
44,124 74,964
Creditors: amounts falling due within one year 5 (17,403) (50,543)
Net current assets 26,721 24,421
Total assets less current liabilities 646,868 645,855
Creditors: amounts falling due after more than one year 6 (597,043) (620,193)
Net assets 49,825 25,662
Capital and reserves
Called up share capital 500 500
Revaluation reserve 7 173,269 173,269
Profit and loss account (123,944) (148,107)
Shareholders' funds 49,825 25,662
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
H. Beaumont
Director
Approved by the board on 29 May 2025
BEAUMONT AND PARTNERS LTD
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Property Valuation
Properties, in the course of development, are stated at cost and included in current assets. Properties under development are recognised as completed when they are available for letting, at which stage they are professionally valued at Gross Development Value (GDV), which is disclosed as fixed assests in the Balance Sheet and the revaluation reserve.
In line with FRS102, properties are subject to an annual impairment review. If properties have suffered impairment, the fall in value to the recoverable amount is recognised in the Statement of Comprehensive Income.

.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 September 2023 441,731 12,567 454,298
Surplus on revaluation 173,269 - 173,269
At 31 August 2024 615,000 12,567 627,567
Depreciation
At 1 September 2023 - 6,133 6,133
Charge for the year - 1,287 1,287
At 31 August 2024 - 7,420 7,420
Net book value
At 31 August 2024 615,000 5,147 620,147
At 31 August 2023 441,731 6,434 448,165
4 Debtors 2024 2023
£ £
Other debtors 39,045 69,105
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other Loans 17,403 50,543
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 42,165 48,895
Mortgages 470,475 470,475
Other creditors 84,403 100,823
597,043 620,193
7 Revaluation reserve 2024 2023
£ £
At 1 September 2023 173,269 173,269
At 31 August 2024 173,269 173,269
8 Other information
BEAUMONT AND PARTNERS LTD is a private company limited by shares and incorporated in England. Its registered office is:
4 South Walk
West Wickham
Kent
BR4 9JA
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