Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 14404506 Mr Ahmad Bahsoon Mrs Margaret Bahsoon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14404506 2023-10-31 14404506 2024-10-31 14404506 2023-11-01 2024-10-31 14404506 frs-core:CurrentFinancialInstruments 2024-10-31 14404506 frs-core:ShareCapital 2024-10-31 14404506 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 14404506 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 14404506 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 14404506 frs-bus:SmallEntities 2023-11-01 2024-10-31 14404506 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 14404506 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 14404506 frs-bus:Director1 2023-11-01 2024-10-31 14404506 frs-bus:Director1 2023-10-31 14404506 frs-bus:Director1 2024-10-31 14404506 frs-bus:Director2 2023-11-01 2024-10-31 14404506 frs-bus:Director2 2023-10-31 14404506 frs-bus:Director2 2024-10-31 14404506 frs-countries:EnglandWales 2023-11-01 2024-10-31 14404506 2022-10-31 14404506 2023-10-31 14404506 2022-11-01 2023-10-31 14404506 frs-core:CurrentFinancialInstruments 2023-10-31 14404506 frs-core:ShareCapital 2023-10-31 14404506 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 14404506
Beam Property Group Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14404506
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 33,489 100
Cash at bank and in hand 3,044 4,928
36,533 5,028
Creditors: Amounts Falling Due Within One Year 5 (32,989 ) (2,308 )
NET CURRENT ASSETS (LIABILITIES) 3,544 2,720
TOTAL ASSETS LESS CURRENT LIABILITIES 3,544 2,720
NET ASSETS 3,544 2,720
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 3,444 2,620
SHAREHOLDERS' FUNDS 3,544 2,720
Page 1
Page 2
For the year ending 31 October 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ahmad Bahsoon
Director
26/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Beam Property Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14404506 . The registered office is First Floor, Copper House, 88 Snakes Lane East , Woodford Green, Essex, IG8 7HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current  tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts 33,489 100
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax 5,202 868
Accruals and deferred income 1,440 1,440
Amounts owed to subsidiaries 26,348 -
32,989 2,308
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Ahmad Bahsoon 100 17,303 - - 17,403
Mrs Margaret Bahsoon - 16,081 - - 16,081
During the year the company operated a director's loan account, as at the year end date the amount due to the company from a director was £33,484. This loan will be repaid before the 9 months period. The above loan is unsecured, interest was chargeable at 2.25% and repayable on demand.
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