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Registration number: 01783487

Beamlech Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

 

Beamlech Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Beamlech Limited

Balance Sheet

as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Investment property

4

470,000

470,000

Current assets

 

Cash at bank and in hand

 

104,408

112,207

Creditors: Amounts falling due within one year

5

(35,654)

(34,784)

Net current assets

 

68,754

77,423

Total assets less current liabilities

 

538,754

547,423

Creditors: Amounts falling due after more than one year

5

(228,313)

(255,335)

Net assets

 

310,441

292,088

Capital and reserves

 

Allotted, called up and fully paid share capital

121,500

121,500

Revaluation reserve

283,740

283,740

Profit and loss account

(94,799)

(113,152)

Shareholders' funds

 

310,441

292,088

Registration number: 01783487

 

Beamlech Limited

Balance Sheet

as at 31 March 2025 (continued)

For the financial year ending 31 March 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 25 July 2025 and signed on its behalf by:
 

.........................................
Mr E B McMullan
Director

 

Beamlech Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 01783487.

The address of its registered office is:
Hargrave House
50 Bunyan Road
Kempston
Bedford
Bedfordshire
MK42 8HL

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 – ‘The Financial Reporting Standard applicable in the UK 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.

Revenue recognition

Turnover comprises the fair value of the rent received for the investment property.

 

Beamlech Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

2

Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Investment property

Investment property is carried at fair value. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 0 (2024 - 0).

4

Investment properties

2025
£

At 1 April 2024 and 31 March 2025

470,000


 

The directors are of the opinion that the value in the accounts reflects its fair value at the year end.

 

Beamlech Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2025 (continued)

5

Creditors

2025
£

2024
£

Due within one year

 

Bank loan

26,875

27,046

Corporation tax liability

 

5,979

5,621

Accruals and deferred income

 

2,800

2,117

 

35,654

34,784

Due after one year

 

Bank loan

228,313

255,335


 

2025
£

2024
£

Due after more than five years

After more than five years by instalments

108,001

131,543

-

-

Creditors include a bank loan of £255,188 (2024: £282,381) which is secured by way of a fixed charge over the company investment property and a guarantee given by a connected company.