Registered number
05631783
BEKAN INVESTMENTS LTD
Filleted Accounts
31 October 2024
BEKAN INVESTMENTS LTD
Registered number: 05631783
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 13 17
Investments 4 100,000 100,000
100,013 100,017
Current assets
Debtors 5 162 162
Cash at bank and in hand 4,853 2,317
5,015 2,479
Creditors: amounts falling due within one year 6 (17,494) (16,842)
Net current liabilities (12,479) (14,363)
Total assets less current liabilities 87,534 85,654
Creditors: amounts falling due after more than one year 7 (74,766) (74,763)
Provisions for liabilities (2,261) (2,261)
Net assets 10,507 8,630
Capital and reserves
Called up share capital 100 100
Profit and loss account - non-distributable 9 9,639 9,639
Profit and loss account - distributable 768 (1,109)
Shareholder's funds 10,507 8,630
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
Mr G P Ronan
Director
Approved by the board on 10 July 2025
BEKAN INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention, as modified by revaluation of fixed asset investments, 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 represents rents receivable from investment properties.
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 over its expected useful life, as follows:
Fixtures, fittings & equipment 25% per annum reducing balance basis
Investments
Investments properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

Subsequently, investment properties are measured at fair value, investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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.
Pensions
The company did not operate a pension sheme during the year.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixtures, fittings & equip.
£
Cost
At 1 November 2023 2,909
At 31 October 2024 2,909
Depreciation
At 1 November 2023 2,892
Charge for the year 4
At 31 October 2024 2,896
Net book value
At 31 October 2024 13
At 31 October 2023 17
4 Investments
Other
investments
£
Cost
At 1 November 2023 100,000
At 31 October 2024 100,000
Historical cost
At 1 November 2023 88,100
At 31 October 2024 88,100
5 Debtors 2024 2023
£ £
Trade debtors 162 162
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors and accruals 2,632 2,118
Corporation tax 849 849
Other creditors - director's loan account 14,013 13,875
17,494 16,842
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 74,766 74,763
8 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 74,766 74,763
Secured bank loans 74,766 74,763
The loans are secured by fixed charges over the company's investment properties.
9 Profit and loss account -non-distributable 2024 2023
£ £
At 1 November 2023 9,639 9,639
At 31 October 2024 9,639 9,639
10 Events after the reporting date
There were no events after the reporting date which would affect the user's understanding of these accounts.
11 Contingent liabilities
There were no contingent liabilities in existence at the year end.
12 Controlling party
The director, Mr G P Ronan, owns 100% of the issued ordinary share capital of the company.
13 Other information
BEKAN INVESTMENTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
24 Oswald Road
Chorlton Cum Hardy
Manchester
M21 9LP
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