REGISTERED NUMBER: 13000553 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BEECHDENE PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J Chenoweth

T D Chenoweth

REGISTERED OFFICE:

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

REGISTERED NUMBER:

13000553 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

CURRENT ASSETS

Stocks

1,202,042

1,267,897

Debtors

4

180,308

-

Cash at bank

33

68

1,382,383

1,267,965

CREDITORS

Amounts falling due within one year

5

925,732

891,930

NET CURRENT ASSETS

456,651

376,035

TOTAL ASSETS LESS CURRENT LIABILITIES

456,651

376,035

CREDITORS

Amounts falling due after more than one year

6

-

589,605

NET ASSETS/(LIABILITIES)

456,651

(213,570

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

456,649

(213,572

)

SHAREHOLDERS' FUNDS

456,651

(213,570

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mrs J Chenoweth - Director

1.	STATUTORY INFORMATION

Beechdene Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by associates

180,308

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans

747,420

671,250

Trade creditors

17,312

2,996

Amounts owed to associates

1,134

204,142

Tax

152,297

-

Directors' loan accounts

3,969

9,942

Accruals and deferred income

3,600

3,600

925,732

891,930

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans - 1-2 years

-

589,605

7.	SECURED DEBTS

Heniam Limited holds 2 fixed charges over the property 31 Hayles Street, London, SE11 4SU and 2 fixed charges over the property known as St Michael's, Bickley Park Road, Bromley, BR1 2BE.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2023

(213,572

)

Profit for the year

670,221

At 31 March 2024

456,649

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed J Chenoweth, a director of the company £1,985 (2023 :£4,971) and T Chenoweth, a director of the company £1,984 (2023 : £4,971).

11.	RELATED PARTY DISCLOSURES

Transactions with associated companies registered in England and Wales which are not part of the group and therefore full disclosure made:

Direct Interiors Design Limited

At the balance sheet date Direct Interiors Design Limited owed the company £44,476 (2023 : the company owed Direct Interiors Limited £1,774) by way of an intercompany account.

Elne Properties Limited

At the balance sheet date Elne Properties Limited owed the company £135,832 (2023 : the company owed Elne Properties Limited £193,820) by way of an intercompany account.

Regalia Homes Kent Limited

At the balance sheet date Beechdene Properties Limited owed Regalia Homes Kent Limited £1,134 (2023 : £8,548) by way of an intercompany account.