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Registration number: 11962802

Beehive Property Rentals Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2025

 

Beehive Property Rentals Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Beehive Property Rentals Ltd

Company Information

Directors

Mr Connor Lawson Brown

Mrs Amy Brown

Registered office

1 Market Hill
Calne
Wiltshire
SN11 0BT

Accountants

RiverView Portfolio Limited 1 Market Hill
Calne
Wiltshire
SN11 0BT

 

Beehive Property Rentals Ltd

(Registration number: 11962802)
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Investment property

5

1,080,000

1,080,000

Current assets

 

Debtors

6

6,643

(2,626)

Cash at bank and in hand

 

41,175

51,331

 

47,818

48,705

Creditors: Amounts falling due within one year

7

(6,090)

(4,283)

Net current assets

 

41,728

44,422

Total assets less current liabilities

 

1,121,728

1,124,422

Creditors: Amounts falling due after more than one year

7

(1,111,343)

(1,145,498)

Provisions for liabilities

(16,351)

(16,351)

Net liabilities

 

(5,966)

(37,427)

Capital and reserves

 

Called up share capital

2

2

Revaluation reserve

69,706

69,706

Retained earnings

(75,674)

(107,135)

Shareholders' deficit

 

(5,966)

(37,427)

For the financial year ending 30 April 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 22 May 2025 and signed on its behalf by:
 

 

Beehive Property Rentals Ltd

(Registration number: 11962802)
Balance Sheet as at 30 April 2025 (continued)

.........................................
Mr Connor Lawson Brown
Director

.........................................
Mrs Amy Brown
Director

 

Beehive Property Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the Board on 22 May 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).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Tangible assets

Tangible assets are stated in the balance sheet 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:

Asset class

Depreciation method and rate

Office Equipment

25% Straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

Beehive Property Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

 

Beehive Property Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2024

210

210

At 30 April 2025

210

210

Depreciation

At 1 May 2024

210

210

At 30 April 2025

210

210

Carrying amount

At 30 April 2025

-

-

5

Investment properties

2025
£

At 1 May

1,080,000

At 30 April

1,080,000

The fair value of the property at 30th April 2025 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £1,080,000 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

6

Debtors

Current

2025
£

2024
£

Prepayments

1,305

(6,897)

Other debtors

5,338

4,271

 

6,643

(2,626)

 

Beehive Property Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

34

-

Taxation and social security

38

-

Accruals and deferred income

-

13

Other creditors

6,018

4,270

6,090

4,283

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

1,111,343

1,145,498

8

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Other borrowings

1,111,343

1,145,498