Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31No description of principal activity0true2023-11-01false0falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13664782 2023-11-01 2024-10-31 13664782 2022-11-01 2023-10-31 13664782 2024-10-31 13664782 2023-10-31 13664782 c:Director2 2023-11-01 2024-10-31 13664782 d:CurrentFinancialInstruments 2024-10-31 13664782 d:CurrentFinancialInstruments 2023-10-31 13664782 d:Non-currentFinancialInstruments 2024-10-31 13664782 d:Non-currentFinancialInstruments 2023-10-31 13664782 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 13664782 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 13664782 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 13664782 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 13664782 d:ShareCapital 2024-10-31 13664782 d:ShareCapital 2023-10-31 13664782 d:RetainedEarningsAccumulatedLosses 2024-10-31 13664782 d:RetainedEarningsAccumulatedLosses 2023-10-31 13664782 c:OrdinaryShareClass1 2023-11-01 2024-10-31 13664782 c:OrdinaryShareClass1 2024-10-31 13664782 c:OrdinaryShareClass1 2023-10-31 13664782 c:FRS102 2023-11-01 2024-10-31 13664782 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13664782 c:FullAccounts 2023-11-01 2024-10-31 13664782 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13664782 2 2023-11-01 2024-10-31 13664782 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13664782














BEDA HORTON LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

 
BEDA HORTON LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
BEDA HORTON LIMITED
REGISTERED NUMBER:13664782

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
10,013,234
9,235,770

Debtors: amounts falling due within one year
 5 
40,817
7,686

Cash at bank and in hand
  
43,597
156

  
10,097,648
9,243,612

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(4,691,609)
(3,896,438)

Net current assets
  
 
 
5,406,039
 
 
5,347,174

Creditors: amounts falling due after more than one year
 7 
(5,638,427)
(5,362,500)

  

Net liabilities
  
(232,388)
(15,326)


Capital and reserves
  

Called up share capital 
 8 
40
40

Profit and loss account
  
(232,428)
(15,366)

  
(232,388)
(15,326)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 July 2025.



K Singh
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
BEDA HORTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Beda Horton Limited is a private company, limited by shares, registered in England and Wales. Its registered office and trading address is Cavendish House, 369 Burnt Oak Broadway, Edgware, HA8 5AW.
The principal activities of the Company are property investment and development for sale.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the director has a reasonable expectation that the Company will continue to receive support from its creditors as required and therefore will have adequate resources to continue to meet all of its liabilities as they fall due for at least twelve months from the date of her approval of the financial statements. Accordingly the director continues to adopt the going concern basis in preparing the annual report and financial statements.

 
2.3

Other operating income

Other operating income comprises rental income earned and insurance recharged, exclusive of Value Added Tax, from the activities related to the Company's main business operations but not directly arising from the principal activities. 
Rent is recognised on a straight-line basis over the rental agreement. The share of insurance cost relating to the rental is recharged to tenants.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 2

 
BEDA HORTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
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.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
a) The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
b) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.8

Work in progress

Work in progress represents development property valued at the lower of cost and net realisable value. Cost for this purpose comprises the original purchase of land and buildings and development expenditure.
In considering the net realisable value of land and properties, it is assumed that developments will be completed and sold in the ordinary course of the Company's business and that they would not be placed on the market for immediate sale.

 
2.9

Debtors

Short-term debtors are measured at the transaction price, less any impairment. 

 
2.10

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The Company has no employees.





Page 3

 
BEDA HORTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Stocks

2024
2023
£
£

Development property
10,013,234
9,235,770



5.


Debtors

2024
2023
£
£


Other debtors
40,817
40

Prepayments and accrued income
-
7,646

40,817
7,686



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
271,913
40,360

Taxation and social security
-
5,244

Other creditors
4,353,792
3,785,556

Accruals and deferred income
65,904
65,278

4,691,609
3,896,438



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loan
5,638,427
5,362,500


The bank loan, which is repayable after five years, is secured by first legal charges on the development  property and assets of the Company.

Page 4

 
BEDA HORTON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



40 (2023 - 40) Ordinary shares of £1 each
40
40


 
Page 5